BBC reports:
Warren Buffett announced that he will retire as CEO of the Hathaway Berkshire at the end of the year.
The veteran investor, known as Oracle of omaha, told his annual meeting that he will deliver control to Vice President Greg Abel.
“I think the time has reached the place where Greg, the company’s CEO, should become at the end of the year,” said Buffett, 94.
Mr. Buffett, who built Berkshire Hathaway from the failed fabric …
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