History of Greg Abel in Timeline
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.
June 1, 1962: Birth of Gregory Edward Abel
On June 1, 1962, Gregory Edward Abel was born.
1984: Graduation from the University of Alberta
In 1984, Greg Abel graduated from the University of Alberta with a bachelor's degree in accounting.
1992: Joins CalEnergy
In 1992, Greg Abel joined CalEnergy, a geothermal electricity producer.
1999: CalEnergy Acquires MidAmerican Energy
In 1999, CalEnergy acquired MidAmerican Energy and adopted its name; Berkshire Hathaway acquired a controlling interest later that year.
2008: Abel becomes CEO of MidAmerican
In 2008, Greg Abel became the CEO of MidAmerican Energy.
2014: MidAmerican Renamed Berkshire Hathaway Energy
In 2014, MidAmerican Energy was renamed Berkshire Hathaway Energy.
January 2018: Named Vice Chairman of Berkshire Hathaway
In January 2018, Greg Abel was named Berkshire Hathaway's vice chairman for non-insurance operations and appointed to Berkshire's board of directors.
2018: Receives Horatio Alger Award
In 2018, Greg Abel received a Horatio Alger Award.
May 2021: Confirmed as Future CEO of Berkshire Hathaway
In May 2021, Warren Buffett confirmed Greg Abel as his future successor as CEO of Berkshire Hathaway.
June 2022: Sells Stake in Berkshire Hathaway Energy
In June 2022, Greg Abel sold his 1% stake in Berkshire Hathaway Energy for $870 million.
October 2022: Purchases Berkshire Class A Shares
In October 2022, it was announced that Greg Abel purchased 168 shares of Berkshire Class A shares worth approximately $68 million.
May 2025: Abel to succeed Warren Buffett as CEO
In May 2025, Berkshire Hathaway announced that Greg Abel would succeed Warren Buffett as CEO following Buffett's retirement in late 2025.
May 2025: Buffett announces Abel as CEO successor
In May 2025, Warren Buffett announced that Greg Abel should become the CEO of Berkshire Hathaway at the end of the year.
January 2026: Abel becomes CEO of Berkshire Hathaway
In January 2026, Greg Abel became the president and chief executive officer of Berkshire Hathaway.
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