Greg Abel

Gregory Edward Abel is a Canadian businessman and executive who became president and chief executive officer of Berkshire Hathaway in January 2026.

Greg Abel is a Canadian business executive who became president and CEO of Berkshire Hathaway in January 2026. He also chairs Berkshire Hathaway Energy and was long viewed as Warren Buffett's successor.

What it is

Greg Abel is the president and chief executive officer of Berkshire Hathaway, the multinational conglomerate led for decades by Warren Buffett. He assumed the role on January 1, 2026, after being publicly identified as Buffett's successor in 2025. Abel also serves as chair of Berkshire Hathaway Energy, overseeing the company's extensive utility and energy operations.

Why it matters

Abel's appointment marks the first leadership change at the top of Berkshire Hathaway since Buffett took control in the 1960s. As a Canadian-born executive from Edmonton, Alberta, he is one of the most prominent Canadians to lead a major U.S. conglomerate. His low-profile, steady management style is expected to continue Berkshire's long-term investment philosophy.

Key details

Born June 1, 1962, in Edmonton, Abel earned a Bachelor of Commerce degree from the University of Alberta in 1984. He built his career in the energy sector before joining Berkshire's business empire, eventually rising to lead its non-insurance operations. His net worth is estimated at around US$1 billion, though exact figures are not publicly confirmed.