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Fortune

Sheryl Estrada

Warren Buffett’s principles guide Berkshire as a new era of leadership begins

Warren Buffett Berkshire Geoff Colvin Berkshire Hathaway Fortune Greg Abel

(Credit: Getty Images)

Good morning. The Warren Buffett era is soon coming to an end.

When the legendary investor announced in May 2025 that he would step down as CEO of Berkshire Hathaway (No. 6 on the Fortune 500) effective Jan. 1, 2026, it marked a shift in decades of leadership. Buffett will be succeeded by Greg Abel as CEO, who has been vice chairman of Berkshire’s non-insurance operations. Buffett will remain with the company as chairman of the board after the transition.

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