Berkshire Hathaway Turns Over The Reins To Greg Abel While Announcing Slowing Earnings

  • Warren Buffett confirms Greg Abel as Berkshire Hathaway's next CEO, effective end of 2025, ensuring continuity in value creation and strategic direction. Despite a YoY earnings decline in Q1 2025, BRK.B maintains strong liquidity with $347.7 billion in cash and T-bills, positioning it for future opportunities. Abel's extensive experience and alignment with Buffett's philosophy are expected to drive BRK.B's growth and enhance shareholder value.