New Berkshire Hathaway CEO Greg Abel Releases Shareholder Letter

Abel highlights 2025 financials and commitment to company's long-term values in his first letter as CEO.

Mar. 3, 2026 at 2:47am

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Greg Abel, the new CEO of Berkshire Hathaway, released his first shareholder letter on Saturday, marking a historic milestone for the iconic company. In the 20-page letter, Abel praised Warren Buffett for his guidance and leadership over the years and assured shareholders that the company's legendary values and culture will remain core to its future. Abel shared the company's 2025 performance, including growth in cash and U.S. Treasury holdings to over $370 billion, and earnings before interest and taxes of $44.8 billion. He also highlighted a production of $46 billion in net cash flow, higher than the five-year average. Abel ended the letter by reminding readers of the upcoming annual shareholders meeting on May 2, where he will give an update on Berkshire Hathaway and hold two Q&A sessions.

Why it matters

As the new CEO of Berkshire Hathaway, Greg Abel's first shareholder letter is a significant event that sets the tone for the company's future direction under his leadership. Berkshire Hathaway is a highly respected and influential conglomerate, and Abel's commitment to upholding the company's legendary values and culture is crucial for maintaining investor confidence and ensuring a smooth transition of power.

The details

In his first shareholder letter as Berkshire Hathaway's CEO, Greg Abel praised his predecessor, Warren Buffett, for his guidance and leadership over the years. Abel assured shareholders that the company's legendary values and culture will remain core to its future, and he expressed his hope to grow Berkshire as CEO for the next 20 years. The letter also highlighted Berkshire's financial performance in 2025, including growth in cash and U.S. Treasury holdings to over $370 billion, and earnings before interest and taxes of $44.8 billion, which was slightly lower than the previous year but still strong. Abel also noted a production of $46 billion in net cash flow, which was higher than the five-year average.

  • Greg Abel released his first shareholder letter as Berkshire Hathaway CEO on March 1, 2026.
  • Berkshire Hathaway's annual shareholders meeting is scheduled for May 2, 2026, where Abel will give an update and hold two Q&A sessions.

The players

Greg Abel

The new CEO of Berkshire Hathaway, who has taken over from Warren Buffett and is committed to upholding the company's legendary values and culture.

Warren Buffett

The former CEO of Berkshire Hathaway, who provided guidance and leadership to the company over the years.

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What they’re saying

“I hope to grow Berkshire as CEO for the next 20 years, and that the company will continue to reinvest for long-term growth and return value to shareholders, delivering stability no matter who is at the helm.”

— Greg Abel, CEO, Berkshire Hathaway

What’s next

At the annual shareholders meeting on May 2, 2026, Greg Abel will provide an update on Berkshire Hathaway and hold two Q&A sessions with shareholders.

The takeaway

Greg Abel's first shareholder letter as Berkshire Hathaway's new CEO signals a commitment to upholding the company's legendary values and culture, while also focusing on long-term growth and stability. The letter's emphasis on financial performance and Abel's vision for the future reassures investors that Berkshire Hathaway will continue to thrive under his leadership.