In his first, much-anticipated annual letter to shareholders Saturday, newly minted Berkshire Hathaway CEO Greg Abel paid homage to predecessor Warren Buffett and pledged to uphold the culture and values that built the conglomerate.
Greg Abel shakes hands with shareholders during the 2025 Berkshire Hathaway shareholder shopping day at the CHI Health Center on May 2. "We are committed to strengthening the great legacy built by Warren Buffett and his business partner (the late) Charlie Munger, ensuring it endures through our commitment to excellence," he wrote in his first annual letter to shareholders.
Warren Buffett, shown here at the 2024 Berkshire Hathaway shareholder meeting, announced at the end of the 2025 meeting that he was stepping down as CEO.
Greg Abel shakes hands with shareholders during the 2025 Berkshire Hathaway shareholder shopping day at the CHI Health Center on May 2. "We are committed to strengthening the great legacy built by Warren Buffett and his business partner (the late) Charlie Munger, ensuring it endures through our commitment to excellence," he wrote in his first annual letter to shareholders.
Warren Buffett, shown here at the 2024 Berkshire Hathaway shareholder meeting, announced at the end of the 2025 meeting that he was stepping down as CEO.