Warren Buffett to Step Down as CEO

Warren Buffett, a famous 94-year-old businessman, has decided to retire. He is the leader of a big company called Berkshire Hathaway. Buffett will stop working at the end of this year.

Greg Abel will take over Buffett's job. Buffett chose Abel to be the new leader four years ago. Buffett has been very successful in business. He owns many companies and has a lot of money. Even though he is retiring, Buffett says he will keep his money in the company.