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Berkshire Hathaway Enters New Era as Greg Abel Takes Helm With $373 Billion in Cash

Investors look to May 2 results for clues on capital deployment.

Overview

  • Warren Buffett retired as CEO at the end of 2025 after roughly six decades leading Berkshire Hathaway.
  • Greg Abel now leads the company after a long-planned transition, pledging to preserve Berkshire’s culture and risk discipline.
  • Berkshire ended 2025 with $373 billion in cash and Treasuries following 13 consecutive quarters of net stock selling, including trims to Apple and Bank of America.
  • Shares are down about 4.2% year to date and roughly 8% over the past 12 months as investors assess the leadership change.
  • Abel’s first major updates are expected with the May 2 first-quarter earnings release and his debut shareholders’ meeting around that time.