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Berkshire Hathaway board approves Greg Abel as CEO, endorsed by Warren Buffett

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Berkshire Hathaway's board has officially named Greg Abel as the next CEO, succeeding Warren Buffett by the end of 2026. Abel, currently vice-chairman overseeing non-insurance operations, will navigate the $900 billion conglomerate through global economic challenges. Buffett, 94, will remain chairman to ensure continuity, expressing confidence in Abel's leadership to maintain Berkshire's success.
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