US EditionWarren Buffett Steps Down as Berkshire CEO
Greg Abel, a longtime Berkshire Hathaway executive, takes over as CEO following Warren Buffett's six-decade leadership, overseeing a $1.07 trillion company with $381 billion cash reserves.
- On Jan. 1, 2026, Warren Buffett stepped down as CEO and Greg Abel succeeded him while Buffett remains chairman, ending Buffett's more than 55-year run at Berkshire Hathaway.
- Greg Abel was long identified as Buffett's successor and has overseen non-insurance operations after joining Berkshire in 1999 and serving as vice chairman since 2018, while Warren Buffett, age 95, and the death of Charlie Munger in 2023 framed the planned transition.
- The company exits Buffett's daily stewardship as a $1.08 trillion conglomerate with a cash reserve of $381.67 billion and debt of $127.24 billion.
- Berkshire Hathaway's Class B shares moved higher on Tuesday, closing at $503.71, amid mixed investor reactions to Buffett's departure, with some selling and others eyeing January buying opportunities.
- Greg Abel inherits a portfolio with five top holdings comprising almost 65%, including Apple, valued at more than $65 billion, amid Berkshire's 12 quarters of net selling.
127 Articles
127 Articles
Warren Buffett, 95, stopped on Thursday from being the oldest executive director in the world by ceding the reins of the Berkshire Hathaway conglomerate to executive Greg Abel, but his plans do not go on to go “home” and rest during retirement.The entrepreneur acknowledged in his last letter to Berkshire investors, in a mood, that his health was beginning to decline, but he continued to come to the office five days a week, the result of a passio…
After Warren Buffett, Greg Abel: Meet the new Berkshire Hathaway CEO
Warren Buffett’s imprint on Berkshire Hathaway, especially a legendary knack for making the right investments at the right time, could make for an unfair comparison. But, markets will be interested in how he plans to steer the company, and what he might change.
After 60 years in charge of Berkshire Hathaway, Warren Buffett left the position of CEO of the holding company at the end of 2025, said CNBC. He stressed that throughout his career, this business and investment icon constantly shared his wisdom to help others build successful lives, from praising the compound interest to offering a reflection exercise to live without remorse. At the Berkshire Hathaway annual shareholders' meeting in 2025, Buffet…
Buffett Steps Down as Berkshire CEO, 6.1M% Return Greg Abel becomes new CEO, ending 60-year tenure with unprecedented stock growth According to the Wa
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