Berkshire Hathaway’s New CEO Will Manage Operations, Not Stocks

Greg Abel, Berkshire Hathaway’s soon-to-be CEO, will take over the helm at the end of 2025. However, he won’t have control over the company’s vast $275 billion stock portfolio, a decision that remains with two seasoned veterans: Todd Combs and Ted Weschler. These individuals have long managed this crucial aspect of Berkshire’s business, allocating their expertise to specific investment strategies while ensuring alignment with broader corporate goals. 30-year experience with Berkshire suggests both have developed a strong understanding of its operational intricacies.