# Greg Abel didn’t take long to address the elephant in the room.

*business · news · 2026-05-04 · Financial Post*

## Key points

- Greg Abel led his first Berkshire Hathaway annual meeting as CEO, succeeding Warren Buffett.
- Despite a smaller crowd, thousands attended Abel's debut shareholder meeting in Omaha, Nebraska.
- Berkshire Hathaway's Class B shares have dropped 12.4% since Abel was named chief executive.
- Abel now faces the challenge of deploying Berkshire's nearly US$400-billion cash reserve.

**Companies:** Berkshire Hathaway Inc.
**Countries:** United States

[Read the full story on Financial Post](https://financialpost.com/investing/berkshire-investors-praise-greg-abel-at-post-buffett-meeting)

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