Warren Buffett plans to step down as Berkshire CEO
The legendary investor expects turn reins over to Vice Chair Greg Abel.
Warren Buffett, the long-time CEO of conglomerate giant Berkshire Hathaway (BRK.A) and (BRK.B) , announced Saturday he will step down probably by the end of the year.
Buffett sprung the announcement at the end of Berkshire's annual meeting, held as always in Omaha, Neb., where Berkshire is based.
