Berkshire Hathaway board approves Greg Abel as CEO, endorsed by Warren Buffett
Monday, 5 May 2025 () Berkshire Hathaway's board has officially named Greg Abel as the next CEO, succeeding Warren Buffett by the end of 2026. Abel, currently vice-chairman overseeing non-insurance operations, will navigate the $900 billion conglomerate through global economic challenges. Buffett, 94, will remain chairman to ensure continuity, expressing confidence in Abel's leadership to maintain Berkshire's success.
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...
Billionaire investor Warren Buffett to step down after 60 years of leading Berkshire Hathaway
The announcement after a five-hour question-and-answer period at the company's annual shareholders'..
Credit: euronews (in English) Duration: 01:06Published
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Warren Buffett will remain Berkshire Hathaway's chairman even after Greg Abel becomes CEO in 2026. The board's decision aims to reassure investors amidst... IndiaTimes Also reported by •Upworthy •SeekingAlpha
Berkshire Hathaway’s board is set to vote on officially appointing Gregory Abel as the new CEO, with his takeover expected by the end of 2025. Zee News Also reported by •IndiaTimes •Upworthy
In This Article: Key Points - Warren Buffett will step down as CEO at the end of this year. - The board unanimously voted for Greg Abel to replace him. - The... Upworthy