NYSE:AXPConsumer Finance
American Express Holds Core Role At Berkshire After Buffett CEO Exit
Warren Buffett has stepped down as CEO of Berkshire Hathaway, and Greg Abel has taken over leadership of the conglomerate.
American Express (NYSE:AXP) remains a core, concentrated holding in Berkshire Hathaway’s equity portfolio following the leadership change.
The transition highlights American Express’s ongoing importance to one of its most closely watched institutional shareholders.
American Express, best known for its premium charge and credit card network, operates at the crossroads of...