Warren Buffett Says Berkshire’s Choice of Greg Abel as CEO Was “100% Successful”

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett praised the selection of Greg Abel on the anniversary of naming him chief executive officer successor.

Fact Check
The claim is strongly supported by multiple independent, high-authority news sources. CNBC's live meeting coverage explicitly uses the headline 'Warren Buffett praises Greg Abel, calls CEO choice 100% successful.' Benzinga and Business Insider both quote Buffett using the '100% successful' language and add further context that he said Abel is 'doing everything I did and doing it better.' The CNBC article on Berkshire's share performance on May 4, 2026 further corroborates the positive reception of Abel's leadership at the meeting. A real-time X post from the same day also confirms the exact wording. There is no conflicting evidence found. The claim accurately reflects what Buffett said at the 2026 Berkshire Hathaway annual shareholder meeting.
Summary

Warren Buffett said Berkshire Hathaway’s decision to designate Greg Abel as chief executive officer was “100% successful.” He made the comment during Berkshire Hathaway’s annual shareholder meeting, marking the anniversary of the company’s announcement that Abel would be the successor for the top executive role. The remarks underscore Buffett’s public confidence in Berkshire’s leadership transition, a closely watched issue for investors because succession planning can shape governance continuity and capital allocation at large conglomerates.

Terms & Concepts
  • Chief executive officer: The highest-ranking executive responsible for managing a company’s overall operations, strategy, and leadership.
  • Shareholder meeting: A formal gathering where company leadership addresses investors, reviews performance, and discusses governance matters.