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  "id": "greg-abel",
  "name": "Greg Abel",
  "kind": "person",
  "url": "https://whatledto.com/who/greg-abel",
  "description": "Berkshire Hathaway's president and chief executive since January 1, 2026; previously vice chairman for the non-insurance businesses.",
  "same_as": [
    "https://en.wikipedia.org/wiki/Greg_Abel"
  ],
  "timelines": [
    {
      "slug": "berkshire-after-buffett",
      "title": "Berkshire After Buffett: Greg Abel Takes Over, and the Cash Starts Moving",
      "url": "https://whatledto.com/events/berkshire-after-buffett",
      "json": "https://whatledto.com/events/berkshire-after-buffett.json",
      "role": "Became Berkshire’s president and CEO on January 1, 2026, succeeding Buffett and directing the company’s capital allocation.",
      "entries": 8,
      "updated_at": "2026-10-14T02:01:40.262749+00:00"
    }
  ],
  "entries": [
    {
      "timeline": "berkshire-after-buffett",
      "id": 1933,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1933",
      "date": "2026-09-18",
      "date_precision": "day",
      "title": "Buffett completes the handover: Chairman Emeritus at 96, with his son Howard elected Chairman",
      "summary": "Berkshire announced that Warren Buffett had been named Chairman Emeritus effective immediately, remaining a director, and that the board had elected Howard G. Buffett — a Berkshire director since 1993 — as Chairman. Susan Decker stays lead independent director. In the attached letter Buffett wrote that Abel \"has been making the decisions that matter for some time now\" and described his son's role as guarding the culture rather than running the company.",
      "type": "announcement",
      "entities": [
        "Berkshire Hathaway",
        "Warren Buffett",
        "Howard Buffett",
        "Greg Abel",
        "Susan Decker"
      ],
      "parties": [
        "berkshire-hathaway",
        "warren-buffett",
        "howard-buffett",
        "greg-abel",
        "susan-decker"
      ],
      "sources": [
        {
          "url": "https://www.berkshirehathaway.com/news/sep1826.pdf",
          "outlet": "Berkshire Hathaway",
          "published": "2026-09-18",
          "quote": "Berkshire Hathaway Inc. today announced that Warren E. Buffett has been named Chairman Emeritus, effective immediately , in recognition of his extraordinary contributions to Berkshire and its owners. As Chairman Emeritus, Mr . Buffett will remain a member of the Board of Directors and will continue to offer his valued judgment and perspective."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1932,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1932",
      "date": "2026-08-10",
      "date_precision": "day",
      "title": "Half a year of Abel, in numbers — $4.8 billion of buybacks and still $359.2 billion in cash and Treasury bills",
      "summary": "Berkshire's second-quarter report put the cash, cash equivalents and U.S. Treasury Bills held by its insurance and other businesses at $359.2 billion at June 30, 2026, against $340.8 billion of equity and fixed-maturity securities. It had repurchased $4.8 billion of its own stock in the first six months of the year, most of it in the second quarter — the first meaningful buybacks in a long stretch, and small next to the cash pile.",
      "type": "report",
      "entities": [
        "Berkshire Hathaway",
        "Greg Abel"
      ],
      "parties": [
        "berkshire-hathaway",
        "greg-abel"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/1067983/000119312526341032/brka-20260630.htm",
          "outlet": "U.S. Securities and Exchange Commission",
          "published": "2026-08-10",
          "quote": "Berkshire acquired $4.8 billion of treasury stock in the first six months of 2026, most of which was in the second quarter. At June 30, 2026, our insurance and other businesses held investments in cash, cash equivalents and U.S. Treasury Bills (net of payables for unsettled purchases) of $359.2 billion."
        },
        {
          "url": "https://www.berkshirehathaway.com/qtrly/2ndqtr26.pdf",
          "outlet": "Berkshire Hathaway",
          "published": "2026-08-10",
          "quote": "Berkshire acquired $4.8 billion of treasury stock in the first six months of 2026, most of which was in the second quarter."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1930,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1930",
      "date": "2026-05-31",
      "date_precision": "day",
      "title": "Berkshire agrees to buy the homebuilder Taylor Morrison for $72.50 a share, about $6.8 billion",
      "summary": "Berkshire signed a merger agreement to acquire all outstanding shares of Taylor Morrison Home Corporation, a national community developer and homebuilder, for $72.50 per share in cash — roughly $6.8 billion in total. It is Abel's first acquisition agreement as chief executive and takes Berkshire deeper into housing, a sector it already touches through Clayton Homes and its building-products group.",
      "type": "announcement",
      "entities": [
        "Berkshire Hathaway",
        "Greg Abel",
        "Taylor Morrison"
      ],
      "parties": [
        "berkshire-hathaway",
        "greg-abel",
        "taylor-morrison"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/1067983/000119312526341032/brka-20260630.htm",
          "outlet": "U.S. Securities and Exchange Commission",
          "published": "2026-08-10",
          "quote": "On May 31, 2026, Berkshire entered into an Agreement and Plan of Merger (the \"Agreement\") with Taylor Morrison Home Corporation (\"Taylor Morrison\") to acquire all outstanding shares of Taylor Morrison common stock for $72.50 per share in cash, or approximately $6.8 billion in the aggregate."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1937,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1937",
      "date": "2026-05-02",
      "date_precision": "day",
      "title": "Greg Abel led his first Berkshire annual shareholder meeting as CEO",
      "summary": "Greg Abel led his first Berkshire Hathaway shareholder meeting as CEO. He said he would maintain the company's culture and its rejection of centralized bureaucracy.",
      "type": "other",
      "entities": [
        "Greg Abel",
        "Berkshire Hathaway"
      ],
      "parties": [
        "greg-abel",
        "berkshire-hathaway"
      ],
      "sources": [
        {
          "url": "https://buffett.cnbc.com/2026-berkshire-hathaway-annual-meeting/",
          "outlet": "CNBC",
          "published": "2026-05-02",
          "quote": "In his first shareholders meeting as Berkshire Hathaway's new CEO, Greg Abel stresses that he will maintain the company's long-standing culture, especially its rejection of a centralized bureaucracy."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1929,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1929",
      "date": "2026-03-04",
      "date_precision": "day",
      "title": "Berkshire starts buying back its own stock again, and says the leadership transition is why it is telling you",
      "summary": "Berkshire disclosed in an 8-K that it had begun repurchasing its Class A and Class B shares on March 4, 2026, under the standing policy that allows buybacks whenever the price is below intrinsic value. Berkshire does not normally pre-announce repurchases; it said it was doing so here \"in the interest of transparency with our leadership transition.\" The company had bought back no stock for several quarters before this.",
      "type": "financial",
      "entities": [
        "Berkshire Hathaway",
        "Greg Abel"
      ],
      "parties": [
        "berkshire-hathaway",
        "greg-abel"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/1067983/000119312526092557/d82599d8k.htm",
          "outlet": "U.S. Securities and Exchange Commission",
          "published": "2026-03-05",
          "quote": "In the interest of transparency with our leadership transition, we are disclosing that we commenced repurchasing shares of our common stock under this policy on Wednesday, March 4, 2026."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1934,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1934",
      "date": "2026-02-28",
      "date_precision": "day",
      "title": "Greg Abel published his first annual Berkshire shareholder letter",
      "summary": "Greg Abel wrote his first annual shareholder letter as Berkshire's CEO. He said the Board appointed him CEO and that he succeeded Warren Buffett.",
      "type": "announcement",
      "entities": [
        "Greg Abel",
        "Berkshire Hathaway",
        "Warren Buffett"
      ],
      "parties": [
        "greg-abel",
        "berkshire-hathaway",
        "warren-buffett"
      ],
      "sources": [
        {
          "url": "https://www.berkshirehathaway.com/letters/2025ltr.pdf",
          "outlet": "Berkshire Hathaway",
          "published": "2026-02-28",
          "quote": "I am honored by our Board’s decision to appoint me CEO of Berkshire and humbled to succeed Warren as I write my first annual letter to you."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1928,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1928",
      "date": "2026-01-02",
      "date_precision": "day",
      "title": "Abel's first full day as CEO closes the $9.4 billion OxyChem purchase",
      "summary": "Berkshire completed its acquisition of OxyChem, Occidental Petroleum's chemicals business, for about $9.4 billion on January 2, 2026 — the day after Greg Abel formally took over as chief executive. The deal had been agreed under Buffett and is the largest Berkshire acquisition since Alleghany in 2022.",
      "type": "financial",
      "entities": [
        "Berkshire Hathaway",
        "Greg Abel",
        "OxyChem",
        "Occidental Petroleum"
      ],
      "parties": [
        "berkshire-hathaway",
        "greg-abel",
        "oxychem",
        "occidental-petroleum"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/1067983/000119312526341032/brka-20260630.htm",
          "outlet": "U.S. Securities and Exchange Commission",
          "published": "2026-08-10",
          "quote": "On January 2, 2026, Berkshire acquired OxyChem for approximately $9.4 billion."
        },
        {
          "url": "https://www.berkshirehathaway.com/qtrly/1stqtr26.pdf",
          "outlet": "Berkshire Hathaway",
          "published": "2026-05-02",
          "quote": "Consideration paid to Occidental was approximately $9.5 billion, which is subject to adjustment pursuant to the terms of the agreement."
        },
        {
          "url": "https://www.berkshirehathaway.com/qtrly/2ndqtr26.pdf",
          "outlet": "Berkshire Hathaway",
          "published": "2026-08-10",
          "quote": "On January 2, 2026, Berkshire completed the acquisition of Occidental Petroleum Corporation’s (“Occidental”) chemicals business (“OxyChem”) pursuant to an agreement that was entered into on October 1, 2025, for cash consideration of approximately $9.4 billion, which includes certain post-closing adjustments pursuant to the terms of the agreement."
        }
      ]
    },
    {
      "timeline": "berkshire-after-buffett",
      "id": 1926,
      "url": "https://whatledto.com/events/berkshire-after-buffett#n1926",
      "date": "2025-05-03",
      "date_precision": "day",
      "title": "Buffett tells the annual meeting he wants Greg Abel running Berkshire by year-end, and the board votes for it unanimously",
      "summary": "At the 2025 annual meeting in Omaha, Warren Buffett said he would recommend to the board that Greg Abel become chief executive at the end of the year. The directors voted unanimously two days later to appoint Abel president and CEO effective January 1, 2026, with Buffett staying on as chairman. Abel had been Berkshire's vice chairman for non-insurance operations since 2018 and had been named the designated successor in 2021.",
      "type": "announcement",
      "entities": [
        "Berkshire Hathaway",
        "Warren Buffett",
        "Greg Abel"
      ],
      "parties": [
        "berkshire-hathaway",
        "warren-buffett",
        "greg-abel"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/1067983/000119312525115695/d28310d8k.htm",
          "outlet": "U.S. Securities and Exchange Commission",
          "published": "2025-05-08",
          "quote": "On May 5, 2025, Berkshire Hathaway issued a press release regarding Mr. Buffett’s announcement on May 3, 2025; the unanimous vote of the Board of Directors to appoint Mr. Abel as President and CEO to be effective on January 1, 2026; and that Mr. Buffett will remain as Chairman of the Board of Directors."
        }
      ]
    }
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