Warren Buffett steps down as CEO of Berkshire Hathaway after 60 years in charge
On December 31, 2025, Warren Buffett served his final day as CEO of Berkshire Hathaway. Starting January 1, 2026, Greg Abel will take over the position. This marks an important milestone as Buffett led the company for over six decades, transforming it from an unprofitable textile firm into one of the world's largest investment conglomerates.
Buffett became CEO of Berkshire Hathaway in 1965. Since then, the company's stock price has increased by an astounding 5,502,284%, reflecting the immense success of Buffett's strategy and leadership. The leadership change in such a major corporation will be a significant event in the financial markets.
The coming years will reveal how Greg Abel manages the company and whether he can continue his predecessor's legacy by maintaining Berkshire Hathaway’s high business standards.
