Berkshire Hathaway names Greg Abel CEO, effective January 1, 2026; Buffett stays chairman
Berkshire Hathaway's board unanimously voted on May 4, 2025 to appoint Greg Abel, currently Vice Chairman – Non-Insurance Operations, as President and CEO effective January 1, 2026. Warren Buffett will remain Chairman of the Board, and the company said so in a May 5, 2025 press release. The filing marks a planned leadership succession for shareholders, though it reports no financial results.
Key points
- Board vote: unanimous, on May 4, 2025, following Buffett's May 3, 2025 announcement at the annual shareholders meeting
- Greg Abel, age 62, has been a Berkshire director and Vice Chairman – Non-Insurance Operations since 2018
- Abel was CEO of Berkshire Hathaway Energy from 2008 to 2018 and has been its chairman since 2011
- Warren Buffett will remain Chairman of the Board of Directors
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.