Berkshire's Board Votes for Warren Buffett To Remain Chair, Make Greg Abel CEO at Year-End

1. Greg Abel approved as Berkshire Hathaway's CEO, effective end of 2025. 2. Warren Buffett to remain as chair of the board post-transition. 3. UBS anticipates stability in culture and strategy under Greg Abel. 4. BRK.A shares fell nearly 6% on the announcement but are up 19% YTD. 5. Market reactions reflect uncertainty despite expected continuity in leadership.