Big news out of Omaha. Warren Buffett, the 94-year-old investing legend and long-running CEO of Berkshire Hathaway, just made it official. After more than five decades at the helm, Buffett’s stepping down as CEO at the end of the year, with Berkshire Vice Chairman Greg Abel set to take over. Four words from Buffett sealed the deal this past weekend at the company’s annual meeting: “The time has arrived.” It’s not exactly a shock. Buffett’s been preparing for this for years, with Abel identified as the heir apparent back in…
Read MoreWarren Buffett Steps Back, Greg Abel Steps Up, and the Insurance World Braces for Change
