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News1801-01-2026, 14:23

Warren Buffett's 'Energy Machine' Greg Abel Takes Berkshire Hathaway Reins Today

  • Greg Abel officially takes over as CEO of Berkshire Hathaway from Warren Buffett starting January 1, 2026.
  • Abel, 62, a Chartered Accountant, is known as a 'business operator' and Buffett's 'energy machine'.
  • He possesses over 30 years of experience in the energy sector, having elevated Berkshire's infrastructure businesses like BNSF.
  • Abel's career includes roles at PricewaterhouseCoopers, CalEnergy, and CEO of MidAmerican Energy (now Berkshire Hathaway Energy).
  • Buffett chose Abel for his hard work, strategic thinking, commitment to value investing, and ability to maintain company culture.

Why It Matters: Greg Abel officially assumes leadership of Berkshire Hathaway, succeeding Warren Buffett.

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