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3d ago

Warren Buffett Confirms Greg Abel to Take Center Stage at 2026 Berkshire Meeting

Buffett will step down as CEO by year-end but remain chairman, as Greg Abel assumes leadership and addresses shareholders at the annual event.

People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway Inc annual shareholders' meeting, in Omaha, Nebraska, U.S., May 3, 2025. REUTERS/Brendan McDermid/File Photo
FILE - Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on Fox Business Network's "Countdown to the Closing Bell," May 7, 2018, in Omaha, Neb. (AP Photo/Nati Harnik, File)
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Overview

  • Warren Buffett will relinquish his role as Berkshire Hathaway CEO at the end of 2025, with Greg Abel taking over the position.
  • Buffett will remain chairman of the board to provide strategic guidance and ensure stability during the leadership transition.
  • For the first time, Buffett will not take the stage at Berkshire Hathaway's 2026 annual shareholder meeting, with Greg Abel leading the Q&A session.
  • The annual meeting, known as the 'Woodstock of Capitalism,' will continue to be held in Omaha, Nebraska, and streamed exclusively by CNBC.
  • The leadership transition reflects Buffett's commitment to merit-based succession planning and preserving Berkshire's core values and investor traditions.