Core Insights - Berkshire Hathaway's board has amended its bylaws to ensure that the roles of Chairman and CEO are held by different individuals, with Abel set to take over as CEO on January 1, 2026, while Warren Buffett remains as Chairman [2] - Buffett, who has held both positions since 1965, announced his succession plan during the annual shareholder meeting on May 3, 2023, stating that Abel is capable of leading the company [2] - Abel's first major transaction as CEO will be the $9.7 billion cash acquisition of Occidental Petroleum's chemical business, OxyChem, marking Berkshire's largest acquisition since 2022 [2][3] Company Developments - The acquisition of OxyChem is expected to enhance Berkshire's financial position and provide funding support for its oil and gas operations, according to Occidental's president [3] - The deal is anticipated to close in the fourth quarter of 2025, pending regulatory approvals and other customary closing conditions [3] - As of June 30, 2023, Berkshire held approximately $344 billion in cash and cash equivalents, close to its historical peak [3]
伯克希尔·哈撒韦完成管理层交接准备 阿贝尔接棒在即
Huan Qiu Wang·2025-10-05 00:57