Close Menu
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

EVAA: TON’s $1.4B DeFi Protocol Becomes Community-Owned DAO With $EVAA Token

October 15, 2025

Pardon for Binance CEO CZ? Trump’s Move Stuns Markets

October 14, 2025

China Tariff News Triggers Crypto Crash — Bitcoin Hits $102K!

October 14, 2025
Facebook X (Twitter) Instagram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
X (Twitter) Telegram
Crypto JunctionCrypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Warren Buffett Names New CEO
News

Warren Buffett Names New CEO

Alice MonroeBy Alice MonroeMay 8, 20253 Mins Read
Share Facebook Twitter Pinterest Reddit Telegram Email Bluesky Copy Link
Crypto Junction Warren Buffett Names New CEO
Share
Twitter Facebook Telegram Bluesky Pinterest Email Reddit Copy Link

Warren Buffett Announces His Exit

Berkshire Hathaway CEO Warren Buffett has announced he’s retiring. The announcement was made during the company’s annual shareholder meeting May 3, 2025. Berkshire Hathaway chairman and chief executive Warren Buffett is scheduled to resign by the end of the year. However, he will continue serving on Berkshire Hathaway’s board as chairman, which should make for easier transition.

Following more than 60 years of turning a struggling textile company into a world-famous financial giant, Warren Buffett has passed on the torch to his successor. The new CEO will be Greg Abel, currently the vice chairman, who heads the company’s non-insurance business. Investors speculated that this could be many years away, and they’re right.

Warren Buffett’s Legacy at Berkshire

Warren Buffett’s legacy is enormous. Berkshire Hathaway became a $1 trillion-dollar company under his leadership. He was best known for the kind of “value investing” he followed, in which he focused on patience, fundamental analysis, and good long-term thinking, and earned consistently higher returns than the overall market.

From Coca-Cola to Apple, Buffett’s stock picking is legendary. His annual letter writing and unassuming lifestyle earned him a cult following. More importantly though, Buffett has done nothing to disturb Berkshire’s decentralized business model that lets acquired companies have more control but also enjoy the monetary benefits of the parent company.

See also  CryptoPunks Now Owned by Nonprofit NODE

Warren Buffett Successor Greg Abel

Warren Buffett named Greg Abel as his successor. Abel was born in Edmonton, Alberta, Canada. He earned a law degree from Price water house Coopers and joined Cal Energy in 1992. In 1999 Berkshire acquired MidAmerican Energy and it was not long before Abel made his way up the corporate ladder. He became CEO of Berkshire Hathaway Energy in 2008.

Abel has been Buffett’s right-hand man for years, overseeing a broad portfolio of companies. Buffett has praised Abel’s management skills, ethics, and deep understanding of Berkshire’s culture. Abel’s promotion was not a surprise, as Buffett had hinted at it in earlier meetings.

Greg Abel Reassures Investors

Warren Buffett’s shuffle didn’t cause a selloff. On the first trading day after his announcement, Berkshire Hathaway’s Class B shares dropped 1. 3%, analysts said. The drop is apparently mild and is likely natural. Investors had known for some time that Abel would be taking over, so it was all very well-warned.

See also  Coinbase Faces Lawsuit for Data Breach

In a statement sent to investors on Monday, Abel promised his company will carry on doing what it has done well and not make drastic changes. “Berkshire’s decentralized structure and focus over the long term will remain intact, ” Abel said.

Warren Buffett Will Remain Involved

Warren Buffett has said he’s keeping his role of chairman. That ties his leadership to the company long term while Abel moves into his new position. That will help keep the transition painless for shareholders and management.

Abel has already said that he will continue to look for good companies and wisely allocate his capital and will remain part of the Berkshire family values Buffet was instilling over many decades, that the company will be conservative, but also open to opportunities.

The Era Ends With Confidence

Warren Buffett’s departure is an end to one of the most influential decades in Wall Street history, but the future looks pretty good, with Greg Abel and Buffet’s legacy intact — and Berkshire Hathaway going forward with their core principles intact thanks to Buffett’s foresight and Abel’s preparation.

Berkshire Hathaway CEO Greg Abel Warren Buffett
Share. Twitter Facebook Telegram Email Bluesky Reddit Copy Link
Previous ArticleZachXBT Exposes $330M Bitcoin Scam
Next Article Conor McGregor Proposes Irish Bitcoin Reserve
Alice Monroe
Alice Monroe

Alice Monroe is an Associate Writer at Crypto Junction, covering crypto trends, token marketing, and emerging blockchain projects with a focus on real market insights.

Related Posts

BNB

Pardon for Binance CEO CZ? Trump’s Move Stuns Markets

October 14, 2025
News

Roger Ver Faces $48M Reckoning—Will Bitcoin Jesus Escape Jail?

October 14, 2025
News

Piyush Goyal Sets Stage For India’s Digital Currency Revolution

October 14, 2025
– Advertisement –
Trending Posts
Meme Coins

Trump Crypto Wallet Launch Sparks Family Backlash

June 16, 2025

US Lawmakers Warn Trump Over Crypto Ties, Musk’s Expanding Influence

March 21, 2025
Markets

Hypurr NFT Launch Generates $44M In 24-Hour Trades

October 2, 2025

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

EVAA: TON’s $1.4B DeFi Protocol Becomes Community-Owned DAO With $EVAA Token

October 15, 2025

Pardon for Binance CEO CZ? Trump’s Move Stuns Markets

October 14, 2025

China Tariff News Triggers Crypto Crash — Bitcoin Hits $102K!

October 14, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
  • Crypto Marketing
  • Daily Digest News
Telegram X (Twitter)
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,596.10
ethereum
Ethereum (ETH) $ 3,878.99
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 1,075.35
xrp
XRP (XRP) $ 2.42
solana
Solana (SOL) $ 186.18
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,880.28
tron
TRON (TRX) $ 0.322555
dogecoin
Dogecoin (DOGE) $ 0.195029
cardano
Cardano (ADA) $ 0.647351
wrapped-steth
Wrapped stETH (WSTETH) $ 4,726.69
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 108,449.06
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,189.08
figure-heloc
Figure Heloc (FIGR_HELOC) $ 0.997315
chainlink
Chainlink (LINK) $ 18.06
ethena-usde
Ethena USDe (USDE) $ 0.999637
wrapped-eeth
Wrapped eETH (WEETH) $ 4,191.42
stellar
Stellar (XLM) $ 0.31593
hyperliquid
Hyperliquid (HYPE) $ 36.23
bitcoin-cash
Bitcoin Cash (BCH) $ 475.09
sui
Sui (SUI) $ 2.50
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
avalanche-2
Avalanche (AVAX) $ 19.99
usds
USDS (USDS) $ 1.00
weth
WETH (WETH) $ 3,884.50
leo-token
LEO Token (LEO) $ 8.96
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 108,664.11
hedera-hashgraph
Hedera (HBAR) $ 0.172604
litecoin
Litecoin (LTC) $ 92.99
usdt0
USDT0 (USDT0) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 41.12
shiba-inu
Shiba Inu (SHIB) $ 0.00001
monero
Monero (XMR) $ 314.48
the-open-network
Toncoin (TON) $ 2.23
mantle
Mantle (MNT) $ 1.72
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.20
crypto-com-chain
Cronos (CRO) $ 0.145338
dai
Dai (DAI) $ 1.00
polkadot
Polkadot (DOT) $ 3.01
zcash
Zcash (ZEC) $ 276.02
bittensor
Bittensor (TAO) $ 400.99
uniswap
Uniswap (UNI) $ 6.29
memecore
MemeCore (M) $ 2.10
world-liberty-financial
World Liberty Financial (WLFI) $ 0.12943
okb
OKB (OKB) $ 165.37
aave
Aave (AAVE) $ 222.20
bitget-token
Bitget Token (BGB) $ 4.57
ethena
Ethena (ENA) $ 0.444642
pepe
Pepe (PEPE) $ 0.000007
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
near
NEAR Protocol (NEAR) $ 2.23
paypal-usd
PayPal USD (PYUSD) $ 1.00
usd1-wlfi
USD1 (USD1) $ 1.00
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 230.47
susds
sUSDS (SUSDS) $ 1.07
ethereum-classic
Ethereum Classic (ETC) $ 15.91
c1usd
Currency One USD (C1USD) $ 0.997538
binance-peg-weth
Binance-Peg WETH (WETH) $ 3,886.09
ondo-finance
Ondo (ONDO) $ 0.728221
aptos
Aptos (APT) $ 3.17
aster-2
Aster (ASTER) $ 1.12
falcon-finance
Falcon USD (USDF) $ 0.997686
tether-gold
Tether Gold (XAUT) $ 4,204.69
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.39
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.196541
worldcoin-wld
Worldcoin (WLD) $ 0.898949
hash-2
Provenance Blockchain (HASH) $ 0.038702
htx-dao
HTX DAO (HTX) $ 0.000002
gatechain-token
Gate (GT) $ 15.70
usdtb
USDtb (USDTB) $ 1.00
story-2
Story (IP) $ 5.46
kucoin-shares
KuCoin (KCS) $ 13.38
rocket-pool-eth
Rocket Pool ETH (RETH) $ 4,445.22
arbitrum
Arbitrum (ARB) $ 0.313986
pi-network
Pi Network (PI) $ 0.202994
internet-computer
Internet Computer (ICP) $ 3.10
binance-staked-sol
Binance Staked SOL (BNSOL) $ 200.55
algorand
Algorand (ALGO) $ 0.181134
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 4,101.09
cosmos
Cosmos Hub (ATOM) $ 3.23
vechain
VeChain (VET) $ 0.01728
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 4,101.14
chainopera-ai
ChainOpera AI (COAI) $ 7.60
sky
Sky (SKY) $ 0.059851
kaspa
Kaspa (KAS) $ 0.052062
pax-gold
PAX Gold (PAXG) $ 4,209.40
wbnb
Wrapped BNB (WBNB) $ 1,076.34
liquid-staked-ethereum
Liquid Staked ETH (LSETH) $ 4,142.63
kinetic-staked-hype
Kinetiq Staked HYPE (KHYPE) $ 36.41
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.021608
pump-fun
Pump.fun (PUMP) $ 0.00384
flare-networks
Flare (FLR) $ 0.01743
bfusd
BFUSD (BFUSD) $ 1.00
render-token
Render (RENDER) $ 2.50
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 108,403.04
syrupusdc
Syrup USDC (SYRUPUSDC) $ 1.13
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 4,124.05
sei-network
Sei (SEI) $ 0.19463
official-trump
Official Trump (TRUMP) $ 5.85