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Warren Buffett to hand over reins to Greg Abel: Top 10 things to know about ‘Oracle of Omaha’s’ successor at Berkshire Hathaway

IndiaTimes Sunday, 4 May 2025 ()
Warren Buffett is stepping down as Berkshire Hathaway's CEO by the end of 2025, with Greg Abel, a Canadian executive, appointed as his successor. Abel, currently overseeing Berkshire's non-insurance operations, will manage the company's diverse enterprises and substantial stock investments. He faces the challenge of maintaining Berkshire's decentralised structure and replicating Buffett's market performance.
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News video: Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO?

Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO? 03:08

Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...

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