From Nasdaq: 2025-05-05 09:47:00

At Berkshire Hathaway’s Annual Shareholders Meeting, Greg Abel was appointed as President and CEO effective January 1, 2026. Abel, 62, has been with Berkshire for 25 years and was identified as Warren Buffett’s likely replacement in 2021. Buffett, 94, will remain Chairman of the Board of Directors, ending his six-decade leadership. He announced earlier that he will step down as CEO at the end of 2025. Buffett recommended Abel for the CEO position at the meeting, solidifying the future leadership of the company.



Read more at Nasdaq: Berkshire Hathaway Appoints Greg Abel As President And CEO; Warren Buffett To Remain Chairman