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Warren Buffett to Step Down as CEO, Greg Abel Takes Center Stage at 2026 Berkshire Meeting

Buffett will remain chairman while his son Howard assumes a non-executive role to safeguard Berkshire Hathaway's culture.

Overview

  • Warren Buffett, after six decades as CEO, will retire at the end of 2025, passing leadership to Greg Abel.
  • Buffett will not appear on stage at the 2026 annual shareholder meeting, with Abel handling all Q&A duties.
  • The Berkshire board confirmed Buffett will remain board chairman, ensuring his continued influence on the company.
  • Howard Buffett, Warren's son, will assume the role of non-executive chairman to oversee the preservation of Berkshire’s principles.
  • Next year’s shareholder meeting will continue to be exclusively streamed by CNBC, maintaining its wide accessibility.