{"id":45347,"date":"2025-10-03T22:43:04","date_gmt":"2025-10-03T22:43:04","guid":{"rendered":"https:\/\/isafespend.com\/?p=45347"},"modified":"2025-10-03T22:43:05","modified_gmt":"2025-10-03T22:43:05","slug":"warren-buffett-berkshire-hathaway-preparing-for-a-new-ceo","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=45347","title":{"rendered":"Warren Buffett, Berkshire Hathaway Preparing for a New CEO"},"content":{"rendered":"<div id=\"post-388060\">\n<header class=\"\">\n<div class=\"tw:text-lg\">\n<p>Buffett has been CEO and chairman of Berkshire Hathaway since 1970.<\/p>\n<\/p><\/div>\n<\/header>\n<div class=\"gate-check piano-check is-layout-flow tw:prose tw:prose-lg tw:prose-blue tw:font-serif tw:max-w-[728px] tw:mb-12 tw:mx-auto tw:lg:mx-0\">\n<div>\n<h2 class=\"tw:mt-0 tw:mb-1 tw:font-sans tw:text-2xl\">Key Takeaways<\/h2>\n<ul class=\"tw:font-semibold tw:font-sans tw:text-base tw:marker:text-blue-600\">\n<li>Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current two roles, CEO and executive chairman, to pave the way for a new top leader. <\/li>\n<li>Buffett informed investors in May that he was stepping down as CEO, effective Jan. 1, 2026.<\/li>\n<li>Greg Abel is expected to take over as CEO of Berkshire.<\/li>\n<\/ul>\n<\/div>\n<p>Warren Buffett\u2019s Berkshire Hathaway is getting ready for a change in leadership.<\/p>\n<p>The investing conglomerate, based in Omaha, wrote in a new regulatory filing that its board voted earlier this week to formally separate the roles of chairman and chief executive officer, effective immediately, per CNBC.<\/p>\n<p>Buffett has been CEO and chairman of Berkshire Hathaway since 1970.<\/p>\n<p><b>Related:<\/b> Warren Buffett Says to Forget About 10,000 Hours of Practice \u2014 If You Want to Master Something, Do This Instead<\/p>\n<p>In May, Buffett, 95, announced at Berkshire\u2019s annual shareholder meeting that he would be stepping down as CEO on Jan. 1, 2026, and named Greg Abel as his successor.<\/p>\n<p>Abel, 63, has been Berkshire\u2019s vice chairman for non-insurance operations since 2018. Buffett will keep the Executive Chairman title.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Greg Abel during a shareholders\u2019 shopping day ahead of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Friday, April 29, 2022. Dan Brouillette\/Bloomberg via Getty Images<\/figcaption><\/figure>\n<p>Berkshire is the No. 11 most valuable company in the world, at press time, with a market cap of $1.081 trillion.<\/p>\n<p>Buffett is also in the eleventh spot, personally, on the world\u2019s richest people list, with a net worth of $149 billion, according to the Bloomberg Billionaires Index. The majority of his fortune is tied to his stake in Berkshire.<\/p>\n<p>Earlier this week, Buffett led Berkshire\u2019s biggest deal in three years, and likely his last as CEO, to buy OxyChem, a petrochemical unit within Occidental Petroleum, for $9.7 billion.<\/p>\n<p><b>Related: <\/b><\/p>\n<p>Warren Buffett Made 95% of His Wealth After Age 65. Here\u2019s How Much His Net Worth Has Grown Past Retirement Age.\n\t\t\t\t\t<\/p><\/div>\n<div class=\"piano-meter-body tw:hidden\">\n<div class=\"is-layout-flow tw:prose tw:prose-lg tw:prose-blue tw:font-serif tw:max-w-[728px] tw:mb-12  tw:mx-auto tw:lg:mx-0\">\n<div>\n<h2 class=\"tw:mt-0 tw:mb-1 tw:font-sans tw:text-2xl\">Key Takeaways<\/h2>\n<ul class=\"tw:font-semibold tw:font-sans tw:text-base tw:marker:text-blue-600\">\n<li>Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current two roles, CEO and executive chairman, to pave the way for a new top leader. <\/li>\n<li>Buffett informed investors in May that he was stepping down as CEO, effective Jan. 1, 2026.<\/li>\n<li>Greg Abel is expected to take over as CEO of Berkshire.<\/li>\n<\/ul>\n<\/div>\n<p>Warren Buffett\u2019s Berkshire Hathaway is getting ready for a change in leadership.<\/p>\n<p>The investing conglomerate, based in Omaha, wrote in a new regulatory filing that its board voted earlier this week to formally separate the roles of chairman and chief executive officer, effective immediately, per CNBC.<\/p>\n<p>Buffett has been CEO and chairman of Berkshire Hathaway since 1970.<\/p>\n<\/p><\/div>\n<div class=\"tw:justify-center tw:bg-gray-100 tw:flex tw:flex-col tw:sm:flex-row tw:rounded-lg tw:p-6 tw:align-middle tw:sm:text-left tw:text-center\">\n<div class=\"tw:flex tw:flex-col tw:justify-center tw:align-middle tw:mr-0 tw:sm:mr-16\">\n<p class=\"tw:text-sm tw:leading-5 tw:my-0\">\n\t\t\t\t\t\t\t\t\tThe rest of this article is locked.\n\t\t\t\t\t\t\t\t<\/p>\n<p class=\"tw:text-xl tw:text-black tw:font-bold tw:leading-5 tw:my-1\">\n\t\t\t\t\t\t\t\t\tJoin Entrepreneur<span class=\"tw:text-yellow-300\">+<\/span> today for access.\n\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/www.entrepreneur.com\/business-news\/warren-buffett-berkshire-hathaway-preparing-for-a-new-ceo\/497937\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current two roles, CEO and executive chairman, to pave the way for a new top leader. Buffett informed investors in May that he was stepping down as CEO, effective Jan. 1, 2026. Greg Abel<\/p>\n","protected":false},"author":1,"featured_media":45348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[32],"class_list":{"0":"post-45347","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-make-money","8":"tag-featured"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Warren Buffett, Berkshire Hathaway Preparing for a New CEO | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/isafespend.com\/?p=45347\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Warren Buffett, Berkshire Hathaway Preparing for a New CEO | iSafeSpend\" \/>\n<meta property=\"og:description\" content=\"Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current\" \/>\n<meta property=\"og:url\" content=\"https:\/\/isafespend.com\/?p=45347\" \/>\n<meta property=\"og:site_name\" content=\"iSafeSpend\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-03T22:43:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-03T22:43:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/isafespend.com\/wp-content\/uploads\/2025\/10\/1759514635_Greg-Abel-1252722956.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/isafespend.com\/?p=45347#article\",\"isPartOf\":{\"@id\":\"https:\/\/isafespend.com\/?p=45347\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf\"},\"headline\":\"Warren Buffett, Berkshire Hathaway Preparing for a New CEO\",\"datePublished\":\"2025-10-03T22:43:04+00:00\",\"dateModified\":\"2025-10-03T22:43:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/isafespend.com\/?p=45347\"},\"wordCount\":454,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/isafespend.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Make Money\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/isafespend.com\/?p=45347#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/isafespend.com\/?p=45347\",\"url\":\"https:\/\/isafespend.com\/?p=45347\",\"name\":\"Warren Buffett, Berkshire Hathaway Preparing for a New CEO | iSafeSpend\",\"isPartOf\":{\"@id\":\"https:\/\/isafespend.com\/#website\"},\"datePublished\":\"2025-10-03T22:43:04+00:00\",\"dateModified\":\"2025-10-03T22:43:05+00:00\",\"description\":\"Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current\",\"breadcrumb\":{\"@id\":\"https:\/\/isafespend.com\/?p=45347#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/isafespend.com\/?p=45347\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/isafespend.com\/?p=45347#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/isafespend.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Warren Buffett, Berkshire Hathaway Preparing for a New CEO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/isafespend.com\/#website\",\"url\":\"https:\/\/isafespend.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/isafespend.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/isafespend.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/isafespend.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/isafespend.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/isafespend.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/isafespend.com\"],\"url\":\"https:\/\/isafespend.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Warren Buffett, Berkshire Hathaway Preparing for a New CEO | iSafeSpend","description":"Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/isafespend.com\/?p=45347","og_locale":"en_US","og_type":"article","og_title":"Warren Buffett, Berkshire Hathaway Preparing for a New CEO | iSafeSpend","og_description":"Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current","og_url":"https:\/\/isafespend.com\/?p=45347","og_site_name":"iSafeSpend","article_published_time":"2025-10-03T22:43:04+00:00","article_modified_time":"2025-10-03T22:43:05+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/isafespend.com\/wp-content\/uploads\/2025\/10\/1759514635_Greg-Abel-1252722956.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/isafespend.com\/?p=45347#article","isPartOf":{"@id":"https:\/\/isafespend.com\/?p=45347"},"author":{"name":"News Room","@id":"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf"},"headline":"Warren Buffett, Berkshire Hathaway Preparing for a New CEO","datePublished":"2025-10-03T22:43:04+00:00","dateModified":"2025-10-03T22:43:05+00:00","mainEntityOfPage":{"@id":"https:\/\/isafespend.com\/?p=45347"},"wordCount":454,"commentCount":0,"publisher":{"@id":"https:\/\/isafespend.com\/#organization"},"keywords":["Featured"],"articleSection":["Make Money"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/isafespend.com\/?p=45347#respond"]}]},{"@type":"WebPage","@id":"https:\/\/isafespend.com\/?p=45347","url":"https:\/\/isafespend.com\/?p=45347","name":"Warren Buffett, Berkshire Hathaway Preparing for a New CEO | iSafeSpend","isPartOf":{"@id":"https:\/\/isafespend.com\/#website"},"datePublished":"2025-10-03T22:43:04+00:00","dateModified":"2025-10-03T22:43:05+00:00","description":"Buffett has been CEO and chairman of Berkshire Hathaway since 1970. Key Takeaways Berkshire Hathaway filed to formally separate Warren Buffett\u2019s current","breadcrumb":{"@id":"https:\/\/isafespend.com\/?p=45347#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/isafespend.com\/?p=45347"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/isafespend.com\/?p=45347#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/isafespend.com\/"},{"@type":"ListItem","position":2,"name":"Warren Buffett, Berkshire Hathaway Preparing for a New CEO"}]},{"@type":"WebSite","@id":"https:\/\/isafespend.com\/#website","url":"https:\/\/isafespend.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/isafespend.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/isafespend.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/isafespend.com\/#organization","name":"Solutions For Real","url":"https:\/\/isafespend.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/isafespend.com\/#\/schema\/logo\/image\/","url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/isafespend.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/isafespend.com\/#\/schema\/person\/image\/","url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/isafespend.com"],"url":"https:\/\/isafespend.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/45347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45347"}],"version-history":[{"count":1,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/45347\/revisions"}],"predecessor-version":[{"id":45349,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/45347\/revisions\/45349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/media\/45348"}],"wp:attachment":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}