Warren Buffett has announced he will retire at the end of this year, closing the curtain on one of the most legendary runs in corporate history. His chosen successor? Greg Abel—a name few outside Omaha or the investing elite may recognize,

Mr. Buffett won renown and made billions as one of the most successful stock pickers of all time. Mr. Abel’s strengths lie more in running businesses.

The 62-year-old's vast responsibilities came after a steady rise through Berkshire’s ranks. Read more at straitstimes.com. Read more at straitstimes.com.