Berkshire prepares to exit 28% stake in Kraft Heinz as new CEO aims to move on from rare Buffett gaffe
The move underscores Greg Abel's willingness to look past a deal that has long stood out as a rare blemish in Buffett's otherwise storied record.
Last updated: 2026-01-24 05:20:28 ET
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The move underscores Greg Abel's willingness to look past a deal that has long stood out as a rare blemish in Buffett's otherwise storied record.
Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month.
The food giant is in the process of unraveling its 2015 merger between Kraft Foods and Heinz, as it intends to split into two publicly traded companie...
Investors and analysts say the estate plan raises questions about how Berkshire will be governed once Buffett and his heirs' influence is diluted.
The Berkshire Hathaway chairman asked students which of their peers they'd bet on. The lesson was to bet on yourself.