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Warren Buffett Hands Over Berkshire Hathaway CEO Role to Greg Abel, Predicts Company Can Outlive Any Rival

Omaha, January 2, 2026: Legendary investor Warren Buffett has officially handed over the CEO role of Berkshire Hathaway to his long-time lieutenant Greg Abel, calling him the company’s “decider.”

Buffett, who took charge of Berkshire in 1965 and transformed it into a trillion-dollar investment giant, expressed confidence that the company is built to outlast any competitor for the next 100 years.

Abel, currently vice chairman of Berkshire’s non-insurance operations and CEO of Berkshire Hathaway Energy, will now steer the conglomerate’s diverse businesses, maintaining the strategic vision set by Buffett over six decades.

Investors and market watchers see this transition as a milestone in corporate succession planning, signaling continuity and stability for one of the world’s most valuable companies.

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