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Warren E. Buffett

Warren E. Buffett

Chairman Emeritus, Berkshire Hathaway

Appears in 3 stories

Notable Quotes

I think the time has arrived where Greg should become the chief executive officer of the company at year end. — Buffett, May 2025 annual meeting

On Greg Abel: Buffett has said Berkshire’s prospects will be “better under Greg’s management than mine,” explaining why he won’t sell any of his Berkshire shares. ([investinglive.com](https://investinglive.com/stock-market-update/buffett-confirms-greg-abel-will-take-over-as-ceo-of-berkshire-hathaway-at-the-end-of-2025-20250504/?utm_source=openai))

On Marc Hamburg: He called Hamburg “indispensable to Berkshire and to me” whose “integrity and judgment are priceless.” ([businesswire.com](https://www.businesswire.com/news/home/20251208217411/en/Berkshire-Hathaway-Announces-Leadership-Appointments?utm_source=openai))

Stories

Berkshire Hathaway begins post-Buffett era under Greg Abel

Money Moves

Attending annual meeting but not hosting Q&A for the first time since 1965

Warren Buffett ran Berkshire Hathaway's annual question-and-answer session for 60 years. On Saturday in Omaha, he watched from off-stage as Greg Abel hosted it instead. Abel, who took over as chief executive on January 1, 2026, fielded shareholder questions alongside Vice Chairman Ajit Jain, BNSF chief Katie Farmer, and reinsurance executive Adam Johnson—a panel format Berkshire never used while Buffett was at the microphone.

Updated 2 hours ago

Pacific Northwest utility consolidation

Money Moves

Overseeing PacifiCorp wildfire liability response

Portland General Electric is paying $1.9 billion to acquire PacifiCorp's Washington utility operations—the first major cross-state utility acquisition in the Pacific Northwest in decades. The deal, announced February 17, 2026, transfers 140,000 customers, three power plants totaling 805 megawatts, and 4,500 miles of transmission lines from Warren Buffett's Berkshire Hathaway to an Oregon-based utility partnering with Canadian infrastructure investors.

Updated Feb 17

Berkshire’s post–Buffett shake–up meets JPMorgan’s $1.5 trillion security bet

Money Moves

Transitioning from CEO to non‑executive chairman by January 1, 2026

Berkshire Hathaway is executing its most consequential leadership transition in six decades as Warren Buffett prepares to hand the CEO role to Greg Abel on January 1, 2026, backed by a broader reshuffle that maps out CFO succession, installs the conglomerate’s first in‑house general counsel, and names a new CEO at GEICO. At the same time, JPMorgan Chase is launching a $1.5 trillion, decade‑long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries, and has recruited Berkshire investment manager and GEICO CEO Todd Combs to lead its strategic investment group at the heart of that effort.

Updated Dec 11, 2025