BRK-B · News · 20260920N

Leadership Succession and Management Involvement

BERKSHIRE HATHAWAY INC · 2026-09-20 · Importance 44 · Surprise 60

Berkshire named Warren Buffett chairman emeritus and elected Howard Buffett chairman of the board on September 18, 2026. Greg Abel became CEO at the start of 2026 and already controls capital-allocation decisions, including investments and repurchases. The transition increases Howard Buffett’s board-level consultation role for stock buybacks while Abel remains the primary operating and capital-allocation decision-maker.

Key facts

• Berkshire elected Howard Buffett chairman of the board. source
• Berkshire named Warren Buffett chairman emeritus on Friday. source
• Greg Abel took over the job at the start of the year. source
• Warren Buffett stepped down as chairman of Berkshire Hathaway. source
• Buffett guided the Berkshire Hathaway holding company to market-beating returns from 1965 to 2025. source
• As CEO, Greg Abel was already Berkshire's primary decision-maker before Warren Buffett stepped down as chairman of the board. source