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Greg Abel Takes Helm at Berkshire Hathaway, Promises Stability

1/10/2026

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Story summary
  • Greg Abel, chief executive officer of Berkshire Hathaway, has taken over as CEO on January 1, 2026.
  • Abel joined Berkshire Hathaway in 2000 and intends to maintain Buffett's long-term value approach.
  • His compensation is significantly higher than Buffett's modest salary, reflecting leadership of a major corporation.
  • Analysts say Abel's higher pay may signal normalization within Berkshire.
  • Abel emphasizes safeguarding the company's reputation and financial health while continuing Buffett's investment approach.