Greg Abel Appointed CEO of Berkshire Hathaway

In 2025, Warren Buffett stepped down as CEO of Berkshire Hathaway, appointing Greg Abel as his successor. Buffett, a pivotal figure in the investment world, led the company for decades. Now, Abel takes on the role, succeeding Buffett.

Greg Abel hails from Edmonton, Canada, and studied commerce at the University of Alberta. He began his career at PricewaterhouseCoopers before moving into the energy sector. In the early 1990s, he joined MidAmerican Energy, which later transitioned to Berkshire Hathaway Energy, bringing him closer to Buffett.

Abel was appointed CEO of Berkshire Hathaway Energy, leading the company to invest heavily in renewable energy. Buffett admired Abel's disciplined business approach and long-term value generation. In 2018, Abel's influence expanded as he became Vice Chairman of Berkshire Hathaway's non-insurance operations.

In May 2025, Buffett officially stepped down, and Abel assumed the CEO position. Abel faces the challenge of continuing Buffett's legacy while introducing his own vision. His leadership style differs from Buffett's, but Abel is expected to ensure the company's sustainability and long-term stability.

Under Abel's leadership, Berkshire Hathaway is anticipated to focus more on renewable energy and infrastructure. Investors can be reassured by Abel's experience and discipline, as Berkshire Hathaway's stock continues to perform robustly.