# Buffett gave up the CEO title in January, but he remains chairman.

*business · news · 2026-05-02 · New York Post*

## Key points

- Attendance at the 2024 Berkshire Hathaway meeting dropped to just over half the arena's capacity.
- Greg Abel opened the meeting with granular performance details and emphasized Berkshire's use of artificial intelligence.
- Jazwares created a Squishmallow plush of Greg Abel, joining previous Buffett and Munger versions for shareholders.
- Berkshire Hathaway reported Q1 profit more than doubled to $10.1 billion, with a $397.4 billion cash pile.
- Abel acknowledged BNSF railroad needs more improvement, despite overall growth in operating earnings.

**Companies:** Berkshire Hathaway, Apple, Geico, Pacificorp, BNSF
**Countries:** United States

[Read the full story on New York Post](https://nypost.com/2026/05/02/business/crowd-shrinks-as-berkshire-hathaways-new-ceo-leads-the-annual-meeting-for-the-first-time-saturday/)

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