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Des Moines' Greg Abel to Lead First Berkshire Hathaway Annual Meeting

Greg Abel will answer shareholder questions as Berkshire faces scrutiny over weaker profits, a $373 billion cash pile and a 6% drop in operating earnings.

  • On Saturday, Berkshire Hathaway CEO Greg Abel leads his first annual shareholder meeting in Omaha, Nebraska, marking the conglomerate's transition to new leadership after Warren Buffett's 60-year tenure.
  • Buffett ended his 60-year tenure as CEO at the start of 2026, handing control to Abel after announcing his retirement last May and shifting Berkshire's leadership structure.
  • Abel will spend one hour discussing Berkshire's businesses and 2.5 hours answering shareholder questions, assisted by BNSF chief Katie Farmer and insurance chief Ajit Jain. Around 25,000 to 30,000 attendees are expected.
  • Berkshire shares have lagged the S&P 500 by 37 percentage points over the past 12 months, reflecting investor concerns about the loss of the "Buffett premium" under new leadership.
  • Shareholders will question Abel's approach to artificial intelligence and technology, areas where Berkshire historically underinvested. Analysts expect discussions to center on how the company addresses digital disruption under his leadership.
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During Berkshire Hathaway's shareholders' meeting on Saturday, the spotlight will not be on investment icon Warren Buffett for the first time in a long time; instead, his successor Greg Abel has the daunting task of exciting investors with his vision of the financial markets. Buffett's former right-hand man can expect questions from the audience primarily regarding how he plans to deploy the enormous cash mountain of over 370 billion dollars in …

·Amsterdam, Netherlands (Kingdom of the)
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Reuters broke the news in United Kingdom on Thursday, April 30, 2026.
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