Warren Buffett’s Berkshire Hathaway
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As the two-hour afternoon session of Berkshire Hathaway’s annual shareholder meeting wound to a close, the conglomerate’s chief of 60 years declared that he’d just gotten the “five-minute warning, exclamation point,
Greg Abel, who will succeed Warren Buffett as Berkshire Hathaway CEO, is currently the company's vice chairman of non-insurance operations. He begins his new role on Jan. 1, 2026.
Warren Buffett’s retirement as CEO overshadowed Berkshire Hathaway’s results. While wildfire losses hurt results, GEICO saw marked improvement, and the cash hoard grew.