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Will Berkshire Hathaway Be a Different Company in 2026? That's Still Up to Warren Buffett, Even as He Steps Down as CEO.
Warren Buffett is the longtime CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). He is also a Wall Street legend, given how well the company he has run for decades has performed relative to the S&P 500 (SNPINDEX: ^GSPC).But no matter how good his track record has been, investors knew it was just a matter of time before he would retire and, at the same time, the story behind Berkshire Hathaway would change. That time is fast approaching.At Berkshire Hathaway's annual meeting, Warren Buffett announced that he would be stepping down as CEO of the company at the end of 2025. Longtime employee Greg Abel will replace him. There are a lot of important nuances here, but whenever a new leader takes over, things change. Buffett is Buffett; Abel is Abel. They are different people with different personalities and styles.Continue reading
Warren Buffett is the longtime CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). He is also a Wall Street legend, given how well the company he has run for decades has performed relative to the S&P 500 (SNPINDEX: ^GSPC).
But no matter how good his track record has been, investors knew it was just a matter of time before he would retire and, at the same time, the story behind Berkshire Hathaway would change. That time is fast approaching.
At Berkshire Hathaway's annual meeting, Warren Buffett announced that he would be stepping down as CEO of the company at the end of 2025. Longtime employee Greg Abel will replace him. There are a lot of important nuances here, but whenever a new leader takes over, things change. Buffett is Buffett; Abel is Abel. They are different people with different personalities and styles.
