Holding company, largest shareholder
Appears in 3 stories
Under Abel, closed the Taylor Morrison acquisition (July 24) and became a net buyer of stocks in Q2 2026; Howard G. Buffett became chairman September 18
Greg Abel's first acquisition closed on July 24, when Berkshire finished its $8.5 billion takeover of Taylor Morrison, a homebuilder with 350 communities in 12 states. The deal, announced May 31, was Abel's first big test as CEO.
Updated Sep 18
Preparing to exit entire 27.5% stake
Since the 2015 Kraft-Heinz merger, the company has been a cautionary tale: shrinking sales, falling market share, a $15 billion writedown, a stock down roughly 70%. The board approved a tax-free two-company split in September 2025. Five months later, a new CEO scrapped that plan and bet $600 million on fixing the company instead.
Updated May 31
Undergoing CEO, CFO, legal and key subsidiary leadership transitions
Berkshire Hathaway is executing a leadership transition as Warren Buffett hands the CEO role to Greg Abel on January 1, 2026. The transition includes a CFO succession plan, a new in-house general counsel, and a new GEICO CEO. JPMorgan Chase is launching a $1.5 trillion, decade-long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries.
Updated May 10
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