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4mo ago

Warren Buffett to Step Down as CEO, Greg Abel Takes Center Stage at 2026 Berkshire Meeting

Buffett will remain chairman while his son Howard assumes a non-executive role to safeguard Berkshire Hathaway's culture.

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, after six decades as CEO, will retire at the end of 2025, passing leadership to Greg Abel.
  • Buffett will not appear on stage at the 2026 annual shareholder meeting, with Abel handling all Q&A duties.
  • The Berkshire board confirmed Buffett will remain board chairman, ensuring his continued influence on the company.
  • Howard Buffett, Warren's son, will assume the role of non-executive chairman to oversee the preservation of Berkshire’s principles.
  • Next year’s shareholder meeting will continue to be exclusively streamed by CNBC, maintaining its wide accessibility.