Warren Buffett to ask board to make Greg Abel CEO of Berkshire Hathaway at year-end
1. Warren Buffett will ask for Greg Abel to be CEO by year-end. 2. Buffett will retain an advisory role, ensuring stability during the transition. 3. The board is expected to support Abel as CEO unanimously. 4. Buffett believes Berkshire's prospects will improve under Abel's leadership. 5. No plans to sell shares; Buffett emphasizes confidence in the company's future.