Topic
Greg Abel
Berkshire Hathaway accelerates stock buybacks, operating profit falls
Berkshire Hathaway posted a lower third-quarter operating profit as insurance underwriting results stumbled, but new CEO Greg Abel aggressively ramped up share buybacks.
Warren Buffett Steps Down as Berkshire Hathaway Chairman; Howard Succeeds
Warren Buffett has stepped down as chairman of Berkshire Hathaway after a 56-year tenure, with his son Howard taking over the chairmanship as part of a planned succession.