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Berkshire Hathaway logoBerkshire Hathaway BRK.B

The company said its board unanimously voted on May 4, 2025 to appoint Greg Abel as President and CEO, effective January 1, 2026.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its board unanimously voted on May 4, 2025 to appoint Greg Abel as President and CEO, effective January 1, 2026.

  2. Berkshire said Warren Buffett, its Chairman and CEO, announced on May 3, 2025 that he would recommend Greg Abel be appointed Chief Executive Officer. The announcement was made at a question-and-answer session ahead of the annual shareholders meeting.

  3. Berkshire Hathaway said in its press release that Warren Buffett will remain Chairman of the Board after Greg Abel is appointed CEO.

  4. The company said Greg Abel, 62, has been a director and Vice Chairman – Non-Insurance Operations since 2018. He served as Chief Executive Officer of Berkshire Hathaway Energy Company from 2008 to 2018. It also said there have been no transactions between Abel and the company since June 2022 in which the amount involved exceeded $120,000 and in which Abel had a material interest.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Greg Abel to be named President and CEO effective January 1, 2026

The company said its board unanimously voted on May 4, 2025 to appoint Greg Abel as President and CEO, effective January 1, 2026.

Source · Based on the filing body and exhibits

Warren Buffett announces CEO successor recommendation

Berkshire said Warren Buffett, its Chairman and CEO, announced on May 3, 2025 that he would recommend Greg Abel be appointed Chief Executive Officer. The announcement was made at a question-and-answer session ahead of the annual shareholders meeting.

Source · Based on the filing body and exhibits

Warren Buffett to remain Board Chairman

Berkshire Hathaway said in its press release that Warren Buffett will remain Chairman of the Board after Greg Abel is appointed CEO.

Source · Based on the filing body and exhibits

Greg Abel background and related-party disclosure

The company said Greg Abel, 62, has been a director and Vice Chairman – Non-Insurance Operations since 2018. He served as Chief Executive Officer of Berkshire Hathaway Energy Company from 2008 to 2018. It also said there have been no transactions between Abel and the company since June 2022 in which the amount involved exceeded $120,000 and in which Abel had a material interest.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.