Warren Buffett Has Stepped Down as Chairman of Berkshire Hathaway, but This May Be a Much Bigger Concern for Shareholders

Key Points Berkshire's stock has been flat this year amid question marks of how it will do under new CEO Greg Abel. Warren Buffett stepping down as chairman of the company suggests he is likely to be less involved with the business moving forward. Abel may still need to prove himself in the eyes of investors. 10 stocks we like better than Berkshire Hathaway › Warren Buffett technically stepped down as Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) CEO at the end of last year, with Greg Abel taking over. But Buffett's still been closely involved with the company, and there have been reports that he and Abel work closely and have been in agreement on decisions. Recently, however, Buffett announced he is stepping down as the company's chairman as well.