Berkshire Hathaway Aktie News

BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance (BHSI) today announced the promotion of David Lee to Global Chief Human Resources Officer.

Buffett handed over the Berkshire Hathaway CEO position to Greg Abel at the start of this year. The investing legend led Berkshire to market-beating performance over many decades.

Warren Buffett has officially handed the CEO job over to Greg Abel. This CEO transition is likely the most significant event in Berkshire Hathaway's history since Buffett acquired the company.

Greg Abel's $25M salary as Berkshire Hathaway's CEO is an enormous jump from Warren Buffett's famously small paycheck, but Abel still lags the nation's best paid corporate leaders.

Berkshire Hathaway sold its stakes in two S&P 500 funds. At the moment, Berkshire holds a record level of cash on its balance sheet.

American Express' strong brand and robust customer base provide it with resilience. Coca-Cola has an iconic global brand and asset-light business model that produces steady cash flow.

Warren Buffett steered the Berkshire Hathaway conglomerate to market-beating returns for 60 years. If Berkshire stock plunged by 99% today, investors who bought it in 1965 would still have more money than had they bought the S&P 500 instead.

Warren Buffett has officially retired from the CEO role at Berkshire Hathaway. Despite no longer overseeing day-to-day operations, Buffett positioned his company's investment portfolio for long-term success before his retirement.