The "Oracle of Omaha," Warren Buffett, is set to officially step down as CEO of Berkshire Hathaway on December 31.
The Transition: Greg Abel will take over as CEO starting January 1, 2026. Buffett will transition into a "Chairman Emeritus" role.
Legacy: After a legendary 60-year run, Buffett’s departure marks a massive shift for global markets, as he leaves behind one of the most successful investment portfolios in history.
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