Succession

Berkshire After Buffett: Greg Abel Takes Over, and the Cash Starts Moving

Warren Buffett set Berkshire Hathaway’s CEO succession in motion in May 2025, when the board unanimously chose Greg Abel to become president and CEO on January 1, 2026. Abel’s first months included the completion of the roughly $9.4 billion OxyChem acquisition, a $6.8 billion purchase of Taylor Morrison, renewed share repurchases and a minority investment plan involving Tokio Marine, while Berkshire also issued yen-denominated debt.