Archive · 2 Jan 2026

Warren Buffett Steps Down, Greg Abel Takes Over

Warren Buffett Steps Down, Greg Abel Takes Over

Warren Buffett, the famous investor, has stepped down from his role at Berkshire Hathaway.

He is 95 years old and has been leading the company for a very long time.

Berkshire Hathaway is a huge company that owns many other companies, like Coca-Cola and Apple.

Greg Abel, who is from Canada, will now take over as the new CEO.

Abel has worked with Berkshire for a long time and knows a lot about running businesses.

Investors are excited to see what Abel will do with the company, especially since Berkshire has a lot of money saved up.

Buffett's way of investing was to find good companies and hold onto them for a long time.

Abel says he will keep doing this.

People are curious if Abel will start investing more in technology companies, as Buffett did not do much of that.

Sources