Warren Buffett, a prominent figure in the business world, is stepping down as CEO of Berkshire Hathaway in late 2025.
His sixty-year leadership transformed the company from a struggling textile maker into a massive, diverse conglomerate.
Greg Abel, previously seen as the likely successor, is anticipated to assume the CEO role after Buffett's departure.
While stepping down from the CEO position, Buffett will remain actively involved, offering guidance and support to the company.
