It will be Greg Abel’s show at Berkshire Hathaway’s annual meeting on Saturday at the CHI Health Center in Omaha, where the 63-year-old CEO will answer questions from Berkshire holders for two and a half hours.
The meeting brochure is titled “the Legacy Continues.” Abel, who succeeded Warren Buffett as CEO at year-end 2025, will follow the same format as Buffett did for many years.
Abel will offer an hour-long update about the company and its financial results for the first quarter which will be released early Saturday. Then he will take questions from shareholders.
I n the initial 75 minutes of Q&A, he will be accompanied on stage by Berkshire insurance chief Ajit Jain and in the second 75-minute block, he will be joined by Katie Farmer, the CEO of Berkshire’s BNSF railroad unit and Adam Johnson, who heads Berkshire’s group of consumer products and retailing divisions.
Abel will be fielding questions for less time than Buffett, who held court for 4.5 hours last year at age 94. Buffett, who remains chairman, will be in the audience seated with other Berkshire directors and isn’t expected to answer questions.
It will be interesting to see the turnout this year without Buffett on stage. The CHI arena, which holds about 20,000, was packed last year when Buffett surprised shareholders by saying he would step down as CEO.
Outside of politics and what stocks Berkshire is buying and selling, Abel wrote in the meeting brochure that other topics are “fair game.”
Here are 10 questions for Abel
Berkshire stock is down 4% since you took over as CEO at year-end 2025 and is 10 percentage points behind the S&P 500 index. Does this concern you and can Berkshire beat the index over time?
Some investors think Berkshire is too big and sprawling to manage. Would you consider spinoffs?
How is Berkshire’s equity portfolio of $300 billion being managed now following Todd Combs’ departure in December? Do you and investment manager Ted Weschler need to add more talent?
How much stock can Berkshire buy back annually? $50 billion?
Can Berkshire realistically invest its $373 billion in cash? How much longer will you sit on that cash without paying dividends to shareholders?
Berkshire bought stock in Berkshire Hathaway Energy in 2024 from the Walter Scott estate at an equity valuation of less than $50 billion—half of the value attributed to it by analysts. What’s your view on BHE’s value?
You own more than $175 million of Berkshire stock. Your net worth could be around $1 billion. Will you consider making a larger purchase of Berkshire stock other than the buys from your annual compensation of $25 million that you have pledged to make?
How do you assess the wildfire risk at BHE and the negative impact from the end to federal wind-power tax credits?
Do Berkshire’s subsidiaries need technology upgrades the way your auto insurer Geico did?
If Union Pacific gets clearance to buy Norfolk Southern, does BNSF need a deal with CSX to remain competitive in the rail business?
Here are two questions for Ajit Jain:
What’s the outlook for Berkshire’s property and casualty insurance profitability given softening pricing in some types of coverage?
You turn 75 later this year. How long do you envision heading the Berkshire insurance business and who would you highlight as potential successors?
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