With Greg Abel as Berkshire Hathaway's new CEO of Berkshire Hathaway, the company is apparently preparing to sell some or all of its Kraft Heinz shares.
Warren Buffett will step down as Berkshire Hathaway CEO at the end of 2025, paving the way for longtime successor, vice chairman Greg Abel, to take the reins.
It's unclear if Berkshire's equity portfolio will be managed entirely or partially by Greg Abel, currently the vice chairman of non-insurance operations.