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Warren Buffett to Retire as Berkshire CEO

  • Warren Buffett announced plans to step down as CEO of Berkshire Hathaway by the end of 2025.
  • Greg Abel, currently vice chairman, is set to succeed Buffett as the new CEO.
  • Buffett, 94, will still remain involved in some capacity post-retirement.
  • Abel's succession aligns with Buffett's previous statements but now has a set timeline.
  • Despite changes, Berkshire's investment in technology, especially Apple, remains significant.

Source: TechCrunch

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