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Berkshire Hathaway board approves Greg Abel as CEO, endorsed by Warren Buffett

IndiaTimes 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.
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Video Credit: Oneindia - Published
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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