Berkshire Hathaway's new CEO Greg Abel leads first meeting, highlights record cash and steady growth.

At Berkshire Hathaway's 2026 annual meeting, new CEO Greg Abel took center stage, emphasizing continuity and the company's strong cash position nearing $400 billion. Warren Buffett, now chairman, praised Abel's leadership and reflected on Berkshire's successful Apple investment. The company reported an 18% rise in operating profits and resumed modest stock buybacks. Despite lower attendance without Buffett as the main speaker, Abel reassured shareholders about the conglomerate's future and investment strategy amid a cautious market environment.