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Greg Abel to Succeed Buffett as Berkshire CEO in 2026

12/31/2025

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Story summary
  • Greg Abel will become Berkshire Hathaway CEO on January 1, 2026, succeeding Warren Buffett.
  • Abel, with 25 years at Berkshire, will pursue a more hands-on approach.
  • NetJets CEO Adam Johnson was named to oversee consumer and retail businesses.
  • Analysts say Berkshire may deploy its $382 billion cash reserve, potentially fueling dividend or buyback discussions, with Warren Buffett guiding Abel.