Buffett to Remain Berkshire Hathaway Chairman After Giving Up CEO Role - Barron's
1. Warren Buffett to step down as CEO in 2026. 2. Greg Abel appointed as new CEO effective January 1, 2026. 3. Buffett will remain chairman and act as an advisor. 4. Stock dropped 2.4% to $527 in premarket trading after news. 5. Buffett has led Berkshire since 1965, establishing significant legacy.