Berkshire Hathaway votes to separate chairman and CEO roles, paving way for Abel to succeed Buffett at year-end
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.Berkshire Hathaway has formally separated the roles of chairman and chief executive officer, a long-anticipated move that paves the way for Greg Abel to succeed Warren Buffett as CEO at the beginning of 2026.In a new regulatory filing, the Omaha-based conglomerate said its board of directors voted on Sept. 30 to amend its bylaws to distinguish the two top roles, effective immediately ...