From Yahoo Finance: 2025-05-05 12:06:00

Warren Buffett plans to step down as CEO of Berkshire Hathaway next year, with Greg Abel set to take over on Jan. 1, 2026. Abel, currently vice chairman of non-insurance operations, has a background in the energy sector and has been with Berkshire since 1999. Buffett has long touted Abel as his successor. Berkshire’s first-quarter revenues totaled $89.7 billion, with a market cap over $1 trillion.



Read more at Yahoo Finance: Who is Greg Abel, Warren Buffett’s successor at Berkshire Hathaway?