Warren Buffett isn’t giving up all his formal roles at Berkshire Hathaway. The legendary investor will remain chairman of the sprawling conglomerate, the company said in a news release Monday. Buffett shocked the investing world Saturday when he said at Berkshire’s annual meeting that he planned to retire as chief executive at the end of the year and cede the role to Greg Abel.

Warren Buffett, quien convirtió a Berkshire Hathaway Inc. en una empresa valorada en más de US$1,16 billones y a sí mismo en un multimillonario famoso por su perspicacia para las inversiones y sus ocurrencias,

The Berkshire Hathaway CEO had a single-minded focus that few in business have ever shared.