Overview

• Warren Buffett, 95, said he will leave the CEO post by December 2025 and remain Berkshire Hathaway’s board chairman.
• Greg Abel, tapped in 2021 as operational successor, will assume chief executive responsibilities overseeing the conglomerate.
• Berkshire shares fell more than 10% after the retirement news, signaling concern over the valuation premium tied to Buffett’s leadership.
• Coverage reports that Howard “Howie” Buffett is expected to become non-executive chairman after his father’s death, a governance plan meant to safeguard the company’s culture.
• Commentators link the timing to post-2023 succession clarity following Charlie Munger’s death, while some analysts foresee possible investor pressure for strategic changes such as breakups or larger capital returns.