greg abel

Berkshire Hathaway, under new CEO greg abel, has significantly altered its investment strategy. Abel has more than tripled the stake in Alphabet (Google's parent company) and completely sold off Amazon shares, a departure from Warren Buffett's long-held tech aversion. Additionally, Berkshire made a substantial investment in Delta Airlines, another sector Buffett previously expressed skepticism about.

At Berkshire Hathaway's first AGM under CEO greg abel, the conglomerate signaled a cautious approach to AI, prioritizing clear value addition over industry hype. Abel emphasized AI's role in improving efficiency, safety, and decision-making, while Warren Buffett praised Apple and expressed confidence in Abel's leadership, assuring shareholders of Berkshire's enduring strength.

Warren Buffett's investment approach is a 'get-rich-slowly scheme'. Amazon founder Jeff Bezos discussed this with Buffett. Buffett believes patience and long-term thinking are key. He famously advised owning stocks for 10 years or not at all. This strategy offers a competitive advantage. Buffett retired as CEO of Berkshire Hathaway in late 2025.

Warren Buffett surprised shareholders by announcing his intent to retire as Berkshire Hathaway CEO by year's end, naming greg abel as his successor. Abel, a 25-year Berkshire veteran currently overseeing non-insurance operations, will now lead the $865 billion conglomerate.

greg abel is set to succeed Warren Buffett as the head of Berkshire Hathaway, marking a significant transition for the $1.18 trillion conglomerate. Buffett expressed full confidence in Abel's capabilities, highlighting his strong work ethic. Abel's leadership style, characterized by strategic thinking and high business acumen, has already impressed executives across Berkshire's diverse subsidiaries.

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.

Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying greg abel, who oversees the conglomerate's non-insurance businesses, would be named chief executive if he were to step down.

Warren Buffett, 94, attributed his decision to step down as Berkshire Hathaway's CEO to declining energy levels, rather than a predetermined succession plan. He acknowledged greg abel's superior productivity, stating it was unfair to delay his leadership. While Buffett will remain chairman with a significant stake, Abel will assume full operational control.

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.

Berkshire Hathaway's shareholders are considering the company's future as Warren Buffett steps down as CEO, with greg abel endorsed as his successor. While stakeholders acknowledge stability under Abel, some express concern over the loss of Buffett's unique insight. The $1.16 trillion organization faces uncertainty regarding its trajectory post-Buffett, despite confidence in Abel's leadership and potential adjustments to business approaches.

Industry titans like Tim Cook and Jamie Dimon lauded Warren Buffett's remarkable legacy following his announcement to retire as Berkshire Hathaway's CEO at the end of the year. greg abel, currently vice chairman, is poised to succeed Buffett, a move analysts anticipated. However, Abel's appointment has drawn criticism from environmental groups, citing Berkshire Hathaway Energy's coal plant operations.

Warren Buffett, at 94, has announced greg abel as his successor as CEO of Berkshire Hathaway, surprising many by choosing an outsider over his children. Buffett's children, Howard, Peter, and the late Susan, received substantial financial support but were not considered for leadership roles. Buffett emphasized merit over nepotism, believing large inheritances can hinder ambition.

Warren Buffett announced his retirement from Berkshire Hathaway by year-end, naming greg abel as his successor. Despite a significant drop in first-quarter profits, attributed to investment valuation decreases and insurance losses, Buffett expressed confidence in Abel's leadership. He pledged to retain his Berkshire shares, emphasizing Abel's potential to enhance the company's performance.

Warren Buffett, Berkshire Hathaway's chairman, announced his retirement after over 60 years, naming greg abel as his successor. Buffett reassured shareholders he won't sell his shares, believing Berkshire's prospects are better under Abel.

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 economic uncertainties. Abel, 62, succeeds Buffett, who steps down by year-end. Despite this news, Berkshire Hathaway's shares dropped. Buffett transformed the company into a conglomerate with holdings like Dairy Queen and BNSF Railway.

Warren Buffett-led Berkshire Hathaway dropped one of the biggest hints about a possible successor to the billionaire investor, describing India-born Ajit Jain and greg abel as "world-leading" performers who are "better" business executives than the octogenarian.

Warren Buffett, the CEO of Berkshire Hathaway, announced his retirement, set for the end of 2025, with greg abel succeeding him. Jamie Dimon praised Buffett's integrity and impact on American business. Bill Gates also shared his gratitude, highlighting Buffett's mentorship and transformative influence, emphasizing his enduring legacy and the company's future under Abel's leadership.

While Buffet stopped short of naming his successor, company vice-chairman Charles Munger named Jain and Abel, who heads Berkshire’s energy business, while talking about possible successors to Buffett.