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Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over

The annual Berkshire Hathaway (BRK-A, BRK-B) shareholder meeting, hosted by CEO Warren Buffett, is here.

Yahoo Finance 1 hour ago

BRK-B
Berkshire earnings: What else to expect at shareholders meeting

Berkshire Hathaway (BRK-B, BRK-A) will reveal its first quarter earnings results this Saturday at its annual shareholders meeting. What else are Wall Street investors eager to hear from the investment firm? The Glenview Trust Company chief investment officer Bill Stone comes on Market Domination to talk about Berkshire's cash pile worth over $330 billion and what topics chairman and CEO Warren Buffett could address at the event. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

Yahoo Finance Video 10 hours ago

BRK-B
Auto tariffs, Berkshire earnings, Fed meeting: What to Watch

To close out today's Market Domination Overtime, hosts Julie Hyman and Josh Lipton preview the biggest stories and earnings reports to come next week, including President Trump's tariff on auto tariffs which will take effect this Saturday; Berkshire Hathaway (BRK-B, BRK-A) announcing quarterly results at its annual shareholders meeting; Palantir (PLTR), Ford (FORD), and Disney (DIS) will also release earnings; and Federal Reserve' officials will be convening in Washington, D.C. for their May FOMC meeting. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 21 hours ago

DIS

SHOP

BRK-B
Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

Warren Buffett, 94, announced Saturday he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: JPMorgan Chase & Co CEO Jamie Dimon: "Warren Buffett represents everything that is good about American capitalism and America itself -- investing in the growth of our nation and its businesses with integrity, optimism, and common sense. I've learned so much from him to this very day, and I am honored to call him a friend."

Reuters 5 minutes ago

BRK-B
Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting

Buffett isn't a fan of tariffs, but he remains a fan of the U.S. economy. The current market volatility is nothing new for Berkshire. Buffett wants Greg Abel to become CEO of Berkshire Hathaway by year's end.

Motley Fool 40 minutes ago

BRK-B
Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod.

Warren Buffett surprised shareholders with his announcement on Saturday. The board still needs to vote on Greg Abel as successor.

Barrons.com 41 minutes ago

BRK-B
Who is Greg Abel, the executive picked to be successor to Warren Buffett?

When Warren Buffett announced at his annual shareholder meeting Saturday that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants. For the past seven years, Abel has been overseeing Berkshire’s BNSF railroad and its treat makers See’s Candies and Dairy Queen along with dozens of other manufacturing and retail businesses that Buffett acquired over the years. Berkshire confirmed Abel as Buffett’s successor in 2021 after former Vice Chairman Charlie Munger let it slip at the annual meeting.

Associated Press Finance 17 minutes ago

BRK-B
Warren Buffett's Successor Breaks Silence--And Investors Just Got Their Answer

Berkshire's next CEO vows to follow Buffett's exact blueprint--no flashy turns, just steady compounding and cash hoarding.

GuruFocus.com 49 minutes ago

BRK-B
Berkshire (BRK.B) Holds Fire on $10B Deal as Buffett, Jain Warn of Market Risk and Currency Fallout

Insurance pressure, macro stress, and cash discipline define Buffett's cautious near-term outlook

GuruFocus.com 58 minutes ago

BRK-B
Berkshire Hathaway (BRK.B) Puts Patience and Purpose First as Buffett Draws Healthy Crowd

Buffett stays loyal to Japan, praises Apple, and reminds investors that joy matters too

GuruFocus.com 1 hour ago

BRK-B
Berkshire Hathaway (BRK.B) Pulls Back on Risk, Waits on AI as Q1 Income Slips 14%

Buffett and Jain outline a cautious path: fewer insurance bets, leaner Geico, and no AI rush--for now

GuruFocus.com 1 hour ago

BRK-B
Berkshire Hathaway (BRK.B) Walks From $10B Deal as Buffett Sounds Alarm on U.S. Debt

At 94, Buffett still isn't chasing deals and still isn't mincing words

GuruFocus.com 1 hour ago

BRK-B
Warren Buffett To Step Down as CEO of Berkshire Hathaway at Year-End

Warren Buffett said Saturday he intends to step down as CEO of Berkshire Hathaway, with Vice Chair Greg Abel set to assume the role at the end of the year.

Investopedia 2 hours ago

BRK-B
Warren Buffett to step down as CEO of Berkshire Hathaway by end of the year

Warren Buffett said on Saturday that he plans to step down by the end of this year as CEO of Berkshire Hathaway, and has named Greg Abel as his successor.

Fox Business 2 hours ago

BRK-B
Warren Buffett Plans to Step Down as Berkshire CEO at Year-End

Omaha, Neb.— Warren Buffett said the time has come: He is ready to step down as Berkshire Hathaway’s chief executive at year-end. The 94-year-old investor closed the annual meeting of the company he built into one of the nation’s largest with the surprise announcement that he will recommend Vice Chairman Greg Abel, his designated successor, to begin the CEO job in 2026. “The time has arrived where Greg should become the chief executive officer of the company at year-end,” he said.

The Wall Street Journal 2 hours ago

BRK-B
Berkshire Hathaway (BRK.B) Q1 Profit Drops 63% as Buffett Warns Against Weaponized Trade

Net earnings fall on wildfire losses; cash hoard hits $334B amid limited investment options

GuruFocus.com 2 hours ago

BRK-B
Warren Buffett Waves White Flag: Berkshire Can't Compete with Private Equity

Berkshire admits defeat in the hottest deal game--and explains why it's refusing to play by Wall Street's rules.

GuruFocus.com 2 hours ago

BRK-B
Berkshire's Abel says wildfires prompted new approach to keeping lights on

OMAHA, Nebraska (Reuters) -Berkshire Hathaway Vice Chairman Greg Abel said on Saturday that "keeping the lights on" is no longer a priority for the conglomerate's utilities when the threat of wildfires becomes excessive. Abel spoke at Berkshire's annual shareholder meeting, as the conglomerate's PacifiCorp utility defends against a slew of litigation over wildfires in Oregon and northern California.

Reuters 2 hours ago

BRK-B
Abel Would Be Hands Off With Berkshire’s Managers

Berkshire executive Greg Abel is widely expected to succeed Warren Buffett as CEO. A shareholder asked Abel how his management style differs from Buffett’s. Buffett, who is famously hands off, jumped in.

Barrons.com 2 hours ago

BRK-B
Need for Capital Among ‘Mag 7’ Is Going Up

Berkire Hathaway CEO Warren Buffett acknowledged that the “capital intensity” of tech companies is rising. A couple years ago, he had cited the lack of need for capital as one big advantage that tech companies had over others.

Barrons.com 3 hours ago

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Performance Overview

Return	601966.SS	SSE Composite Index (000001.SS)
YTD	-21.06%	-2.17%
1-Year	-34.18%	+5.61%
3-Year	-16.14%	+7.61%

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Related News

Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over

Berkshire earnings: What else to expect at shareholders meeting

Auto tariffs, Berkshire earnings, Fed meeting: What to Watch

Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting

Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod.

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Warren Buffett To Step Down as CEO of Berkshire Hathaway at Year-End

Warren Buffett to step down as CEO of Berkshire Hathaway by end of the year

Warren Buffett Plans to Step Down as Berkshire CEO at Year-End

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Warren Buffett Waves White Flag: Berkshire Can't Compete with Private Equity

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Abel Would Be Hands Off With Berkshire’s Managers

Need for Capital Among ‘Mag 7’ Is Going Up

Performance Overview