All articles tagged with #greg abel
Greg Abel, in his first annual Berkshire letter as CEO, pledges to preserve Buffett’s disciplined investing and fortress balance sheet, maintains a no-dividend policy with ample cash as dry powder, and will run a concentrated equity portfolio (Ted Weschler manages about 6%) as part of a long-term, patient approach that eschews quarterly earnings cadence.
Berkshire Hathaway reported Q4 2025 operating earnings of $10.2B, down about 29% from a year earlier, with insurance underwriting profits down 54% to $1.56B and insurance investment income down ~25% to $3.1B. This was Buffett’s final quarter as CEO before Greg Abel begins 2026. For 2025, operating earnings totaled $44.49B and overall earnings $66.97B, pressured by a $4.5B impairment from Kraft Heinz and Occidental; investment gains helped but overall earnings still fell. Berkshire did not buy back shares and its cash hoard eased to $373.3B, while its stock rose ~10% in 2025, lagging the S&P 500.}
An investor argues that Apple and Berkshire Hathaway remain the top buys for 2026: Apple’s strong Q1 showing driven by 23% year‑over‑year iPhone revenue growth and its high‑margin services, paired with Berkshire’s massive $378 billion cash hoard and diversified asset base, create a complementary, defensive‑growth duo that can weather AI hype and regulatory risks while providing capital allocation flexibility.
Greg Abel, Warren Buffett’s designated successor, could kick off Berkshire Hathaway’s portfolio reshaping by selling the company’s roughly 325 million Kraft Heinz shares, signaling a potential first major move under Abel’s watch.
Buffett, in the final stretch of Berkshire Hathaway's leadership, says he's ready to spend as much as $100 billion on a truly sizable deal, but finds no 2025 opportunities at sensible prices despite a record $381.6 billion cash pile; Berkshire did close the $9.7 billion OxyChem acquisition, and new CEO Greg Abel will face pressure to deploy capital as shares lag.
Greg Abel, the new CEO of Berkshire Hathaway, has received a salary increase to $25 million, reflecting his new leadership role and Warren Buffett's strong endorsement, with Abel previously serving as vice chairman of the company's non-insurance operations.
Greg Abel, who started his entrepreneurial journey by collecting soda bottles as a child, has risen through the ranks to become the CEO and successor of Warren Buffett at Berkshire Hathaway, leading the $1 trillion company after a distinguished career in energy and corporate leadership.
Warren Buffett has officially stepped down as CEO of Berkshire Hathaway, appointing Greg Abel as his successor. Abel, who has been with Berkshire since 2000 and previously led Berkshire Hathaway Energy, is expected to maintain the company's decentralized model while guiding its future growth. Buffett will remain as chairman, providing mentorship, and has expressed strong confidence in Abel's leadership. The transition marks a new era for the conglomerate, with some anticipated leadership adjustments but no major upheavals.
Berkshire Hathaway's shares declined following Warren Buffett's retirement as CEO and Greg Abel's assumption of the role, marking a new chapter for the company. Despite the dip, Berkshire remains a strong performer with a 10.9% annual gain in 2025, and Buffett expressed confidence in Abel's leadership and the company's future.
Warren Buffett has officially handed over the leadership of Berkshire Hathaway to Greg Abel, marking a significant transition in the company's management. The article discusses the implications of this change and Buffett's ongoing influence on the company.
Berkshire Hathaway's shares slightly declined on Warren Buffett's last day as CEO, as he prepares to hand over leadership to Greg Abel. Buffett's investment since 1965 has yielded an extraordinary 6,100,000% return, outperforming the S&P 500. Buffett remains involved as chairman, while Abel will oversee key business segments, with the future of Berkshire's $283.2 billion stock portfolio still to be announced.
Warren Buffett has stepped down as CEO of Berkshire Hathaway after six decades, with Greg Abel taking over. Buffett remains involved as chairman, and Abel, who has managed Berkshire's noninsurance businesses since 2018, is expected to maintain the company's decentralized culture and long-term investment approach. Investors are watching for potential changes, including possible dividend payments, but Buffett's continued influence and Berkshire's strong foundation suggest stability ahead.
Warren Buffett plans to accelerate giving away his $149 billion estate to his children's foundations before his successor Greg Abel takes over as CEO of Berkshire Hathaway, while maintaining confidence among shareholders. Buffett, 95, will continue to influence the company as chairman and will pass most of his wealth to his foundations, emphasizing his ongoing commitment to philanthropy and Berkshire's stability. He also shares personal updates on his health and reflects on Berkshire's resilience and future prospects.
Warren Buffett will skip writing Berkshire Hathaway's annual letter in 2026, passing the duty to his successor Greg Abel, as Buffett prepares to step down as CEO but remain chairman, and will not participate in the May annual meeting, marking a significant transition for the company.
Greg Abel, CEO-elect of Berkshire Hathaway, has made his first major move by orchestrating a $10 billion acquisition of OxyChem, marking a significant step in his leadership.