Greg Abel — SPARQNOW

At-a-Glance

President and Chief Executive Officer-designate of Berkshire Hathaway, set to succeed Warren Buffett in January 2026.
Serves as Vice Chairman for non-insurance operations and a director on the board of Berkshire Hathaway since January 2018.
Became CEO of MidAmerican Energy in 2008, which was renamed Berkshire Hathaway Energy in 2014.
Sold a 1% stake in Berkshire Hathaway Energy for $870 million in June 2022.
Purchased 168 Class A shares of Berkshire Hathaway for approximately $68 million in October 2022.
Holds a Bachelor's degree in accounting from the University of Alberta (1984) and is an AICPA certified public accountant.
Serves as Vice Chairman of Edison Electric Institute and a director for companies including Kraft Heinz.

Biography

Gregory Edward Abel is a Canadian-American businessman appointed to become the President and Chief Executive Officer of the American multinational conglomerate Berkshire Hathaway in January 2026. This succession follows Warren Buffett's announced retirement in late 2025, with Buffett confirming Abel as his successor in a May 2021 interview. Abel's career trajectory within the Berkshire Hathaway ecosystem began with his leadership at CalEnergy, a geothermal electricity producer he joined in 1992.