Warren Buffett says Greg Abel should take over as CEO of Berkshire Hathaway for the end of the year

• Berkshire Hathaway CEO WARREN BUFETT Athenian attendees at the annual conglomerate’s shareholders’ annual meeting on Saturday, when he said that his Ongit Greg Successor Abel should take over the first place by the end of the year.

Warren Buffett said on Saturday that his anointed successor, Greg Abel, should be in charge as CEO of Berkshire Hathaway during the year.

During the end of the question and answers to the annual conglomerate meeting, he stunned the shareholders’ audience when he said he would make the recommendation to the Board of Directors at a Sunday meeting.

“I think they will be unanimously in favor of this and this would mean that in the end of the year Greg would be the CEO of Berkshire and I would still hang,” said Buffett.

He added that Abel did not know that he would announce the bomb and that the council also, except for his children who are counselors.

This story originally presented to Fortune.com