Career Timeline of Greg Abel: Major Achievements and Milestones

From career breakthroughs to professional milestones, explore how Greg Abel made an impact.

Gregory Edward Abel is a Canadian businessman who serves as the president and chief executive officer of Berkshire Hathaway since January 2026. In May 2025, he was announced as the successor to Warren Buffett as CEO. Abel's role places him at the helm of one of the world's largest and most influential companies, marking a significant transition in leadership for Berkshire Hathaway.

Sections (2)

Full Timeline Career & Achievements

1992: Joined CalEnergy

In 1992, Abel joined CalEnergy, a geothermal electricity producer, starting his career in the energy sector.

1999: CalEnergy Acquired MidAmerican Energy

In 1999, CalEnergy acquired MidAmerican Energy and adopted its name. Berkshire Hathaway acquired a controlling interest in the company later that year.

2008: Became CEO of MidAmerican Energy

In 2008, Abel became the CEO of MidAmerican Energy, marking a significant step in his leadership career.

2014: MidAmerican Energy Renamed

In 2014, MidAmerican Energy was renamed Berkshire Hathaway Energy, reflecting its integration within the Berkshire Hathaway conglomerate.

January 2018: Named Vice Chairman

In January 2018, Abel was named Berkshire Hathaway's vice chairman for non-insurance operations and was appointed to Berkshire's board of directors.

May 2021: Confirmed as Future CEO

In May 2021, Warren Buffett confirmed that Abel would be his successor as CEO of Berkshire Hathaway.

June 2022: Sold Stake in Berkshire Hathaway Energy

In June 2022, Abel sold his 1% stake in Berkshire Hathaway Energy for $870 million.

October 2022: Purchased Berkshire Hathaway Shares

In October 2022, it was announced that Abel purchased 168 shares of Berkshire Class A shares worth approximately $68 million, equating to roughly $404,761.90 per share.

May 2025: Abel to Succeed Buffett as CEO

In May 2025, Berkshire Hathaway announced that Greg Abel would succeed Warren Buffett as CEO following Buffett's retirement. Buffett stated that Abel should become CEO at year end.