From career breakthroughs to professional milestones, explore how Greg Abel made an impact.
Gregory Edward Abel is a Canadian businessman currently serving as the president and CEO of Berkshire Hathaway since January 2026. He was designated as Warren Buffett's successor in May 2025 and assumed the CEO role upon Buffett's retirement. Abel's appointment marks a significant leadership transition for the multinational conglomerate.
Greg Abel, Warren Buffett's successor, maintains significant concentration in five key stocks within Berkshire Hathaway's portfolio while recently selling 2.3 million shares of Amazon, prompting investor speculation regarding the strategic implications of these moves.
In 1992, Greg Abel joined CalEnergy, a geothermal electricity producer.
In 1999, CalEnergy acquired MidAmerican Energy and adopted its name; Berkshire Hathaway acquired a controlling interest later that year.
In 2014, MidAmerican Energy was renamed Berkshire Hathaway Energy.
In January 2018, Greg Abel was named Berkshire Hathaway's vice chairman for non-insurance operations and appointed to Berkshire's board of directors.
In May 2021, Warren Buffett confirmed Greg Abel as his future successor as CEO of Berkshire Hathaway.
In May 2025, Berkshire Hathaway announced that Greg Abel would succeed Warren Buffett as CEO following Buffett's retirement in late 2025.
In May 2025, Warren Buffett announced that Greg Abel should become the CEO of Berkshire Hathaway at the end of the year.
In January 2026, Greg Abel became the president and chief executive officer of Berkshire Hathaway.
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