{
  "id": 8278116,
  "title": "Key executives running Berkshire Hathaway's US$1 trillion empire",
  "url": "https://urgent.news/2026/09/18/key-executives-running-berkshire-hathaways-us-1-trillion-empire",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T17:29:33.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/world/warren-buffett-berkshire-hathaway-chairman-6395541"
  },
  "original_language": "en",
  "account": "Warren Buffett, the iconic chairman of Berkshire Hathaway, has officially handed over the reins of his US$1 trillion-plus conglomerate to his son Howard and Greg Abel, who have been appointed as CEO and chairman respectively. This historic leadership transition commenced with Abel's promotion as CEO in May 2025.\n\nAbel, a hands-on executive known for his compassionate leadership style, has steered Berkshire Hathaway Energy into one of the largest power providers in the central and western United States since its acquisition in 2000. He has been the company's CEO for a decade.\n\nHoward Buffett, the eldest son of Warren Buffett, has been a part of the board since 1993 and joins his father in the top roles. A farmer by profession and a former sheriff, Howard is also involved with a foundation focused on food security and conflict mitigation.\n\nJain, the Vice Chairman, brings extensive experience in generating shareholder value for Berkshire Hathaway. He oversees the insurance businesses and has been instrumental in expanding the reinsurance segment, particularly in pricing high-risk policies related to natural catastrophes.\n\nAdam Johnson heads the consumer products, services, and retail businesses, including NetJets, the world's largest private jet operator. Johnson has been with the company since 1996 and led NetJets to significant growth during his tenure.\n\nTed Weschler, the investment manager, oversees a substantial portion of Berkshire Hathaway's massive public equity portfolio. Alongside Todd Combs, who recently left for JPMorgan Chase, Weschler has been instrumental in Buffett's investment decisions.",
  "summary": "Warren Buffett has stepped down as Berkshire Hathaway’s chairman, handing leadership of the company to Greg Abel as CEO and his son Howard Buffett as chairman.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "KahawaTungu",
        "title": "Warren Buffett steps down as chairman of Berkshire Hathaway",
        "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-chairman-of-berkshire-hathaway",
        "published": "2026-09-18T16:52:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}