Berkshire Hathaway and Greg Abel

Warren Buffett has officially retired as Berkshire Hathaway’s CEO and vice chairman Greg Abel has succeeded him. Abel, who joined Berkshire in 2000 via MidAmerican and built Berkshire Hathaway Energy into the largest U.S. wind producer while overseeing non‑insurance businesses, has already made leadership moves (appointing NetJets CEO Adam Johnson to run consumer, service and retail subsidiaries); Buffett called him the “decider,” and markets expect Abel may face pressure to consider a shareholder dividend and adopt a somewhat more hands‑on approach while preserving Berkshire’s decentralized model.