Warren Buffett has been the CEO of Berkshire Hathaway ( BRK.A +0.99% ) ( BRK.B +1.10% ) for decades. His tenure is about to end, with top lieutenant Greg Abel set to take over the CEO slot at the start of 2026. This is a significant change, but more changes are to come as the new year gets underway.

Here's a look at what's happening underneath the CEO position.

The CEO change is big, but not that big

The day-to-day operation of a company falls into the hands of the CEO. Berkshire Hathaway will see that power transition from Warren Buffett, one of the most famous investors on Wall Street , to Greg Abel as 2026 gets underway. However, it's important to keep in mind a couple of key facts.

For starters, Buffett will remain the chairman of the board of directors. While the

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