Berkshire Hathaway Inc.

Money Moves

Undergoing CEO, CFO, legal and key subsidiary leadership transitions

Berkshire Hathaway is executing a leadership transition as Warren Buffett hands the CEO role to Greg Abel on January 1, 2026. The transition includes a CFO succession plan, a new in-house general counsel, and a new GEICO CEO. JPMorgan Chase is launching a $1.5 trillion, decade-long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries.

Updated 6 days ago

Money Moves

Preparing to exit entire 27.5% stake

For a decade, Kraft Heinz has been the cautionary tale of the 2015 mega-merger between Kraft Foods and H.J. Heinz: shrinking sales, falling market share, a $15 billion brand writedown, and a stock that lost roughly 70% of its value. In September 2025 the board approved a tax-free split into two companies as the way out. Five months later, a new CEO scrapped that plan and bet $600 million on fixing the company instead.

Updated May 6

Money Moves

Transitioning to first chief executive other than Buffett since 1965

Warren Buffett ran Berkshire Hathaway's annual question-and-answer session for 60 years. On Saturday in Omaha, he watched from off-stage as Greg Abel hosted it instead. Abel, who took over as chief executive on January 1, 2026, fielded shareholder questions alongside Vice Chairman Ajit Jain, BNSF chief Katie Farmer, and reinsurance executive Adam Johnson—a panel format Berkshire never used while Buffett was at the microphone.

Updated May 2