CEO Retirement

Buffett’s Farewell: A Final Swipe at Trump’s Trade Wars

After 60 years as CEO, Warren Buffett is stepping down from Berkshire Hathaway, appointing Vice Chairman Greg Abel as his successor effective year-end. This announcement, made at the company’s annual shareholder meeting, followed Buffett’s sharp criticism of President Trump’s tariffs, which he condemned as “an act of war” detrimental to global prosperity. Buffett, who built Berkshire Hathaway into a massive conglomerate, will remain involved in the company to a limited degree. His departure marks the end of an era for one of the nation’s most influential companies.

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