Warren Buffett Steps Down as CEO, Remains Active Chairman at Berkshire Hathaway

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News18•01-01-2026, 16:31
Warren Buffett Steps Down as CEO, Remains Active Chairman at Berkshire Hathaway
- •Warren Buffett will step down as Berkshire Hathaway CEO on Dec 31, 2025; Greg Abel takes over Jan 1, 2026.
- •Buffett, 95, will remain active as Chairman, focusing on investments, shareholder letters, and philanthropy.
- •He will continue to advise new CEO Greg Abel on investment decisions and major deals.
- •Buffett transformed Berkshire from a textile mill into a $1 trillion empire, with a 5.5 million percent return in 60 years.
- •His investment in Apple in 2016 became a game-changer, now Berkshire's largest holding.
Why It Matters: Buffett transitions from CEO but continues guiding Berkshire, emphasizing long-term value and philanthropy.
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