Berkshire’s Buffett to Keep Class A Stock Until Investors Get Comfort With Successor
1. Warren Buffett retains significant Class A stock until successor confidence grows. 2. Greg Abel is fully supported as Buffett's successor by family and board. 3. Abel will assume CEO role at year-end, altering shareholder meeting traditions. 4. Buffett remains chairman and will continue writing annual letters to investors. 5. Stock price slightly increased, reflecting shareholder optimism about the succession.