American magnate Warren Buffett announced his departure from the position of chairman of Berkshire Hathaway, one of the largest holding companies in the world. He is 94 years old.
Buffett, known as a legend of the financial world, made the decision to leave the post in favor of his successor. He stated: "I do not believe that at this stage my energy and plans for the future meet the requirements of a large company’s management."
Following the announcement of his departure, Berkshire Hathaway shares began a slight decline, reflecting the significance of the change in leadership for investors and the market as a whole.
