00:00 President
The famous billionaire billionaire Warren Buffett ended the annual meeting of Berkshire Hathaway with a moment of fall in microphone by announcing that he was going to recommend Greg Abel as CEO of Berkshire Hathaway. The plan will be subject to a vote at the next meeting of the board of directors, and in the coming months, they will have the opportunity to assess and make the final decision. The transition could occur at the end of 2025, where Warren Buffett says that it would always remain in the decision -making capacities where it can add value, but the final vote will always come to Greg later. Greg Abel has long been considered the Buffett successor. He is currently president and CEO of Berkshire Energy and has been at Berkshire Hathaway for 25 years. The announcement, he was greeted by resounding applause and Buffett also confirmed that he did not intend to sell shares.
