Berkshire’s New CEO: Greg Abel 3/5/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 5 March 2026

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

For the first time since Lyndon Johnson was in the White House, Berkshire Hathaway has a new CEO. Greg Abel joins us in his major interview since taking over for the legendary Warren Buffett at the beginning of the year. The company has resumed repurchasing its own shares for the first time since 2024, and Abel announced his plans to use his annual compensation each year to buy additional shares in Berkshire. Plus, the latest in the he-said, he-said drama of OpenAI, Anthropic and the Pentagon. Greg Abel: 16:00 In this episode: Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, succeeding the great Warren Buffett.
0:08.5	The shoes to fill are tough on all fronts. Greg Abel, the new CEO of Berkshire Hathaway,
0:13.3	joins us for his first major interview since taking over from the Oracle of Omaha on January 1st.
0:19.1	Abel on the Berkshire companies, investment portfolio, and the $370 billion plus cash pile.
0:25.6	We really view that as an opportunity.
0:28.9	Plus, in a move befitting Buffett himself, this new CEO isn't too concerned about his paycheck.
0:34.4	So you're basically taking all of your take-home pay and putting it into
0:38.5	shares of Berkshire? Yes, and the Y is really important. Big shoes to fill and a big promise.
0:44.5	I'm committed to doing this every year. Your entire salary? My entire salary, as long as I'm the CEO.
0:51.0	All that and more coming up today. It is Thursday, March 5th, 2026.
0:56.3	Squawk Pot begins right now.
0:59.6	Good morning, everybody.
1:01.0	Welcome to Squackbox right here on CNBC.
1:03.8	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:07.1	Andrew, good morning.
1:08.1	It's good to see you.
1:08.8	Morning from Washington, D.C.
1:10.4	But you can't tell right now because it's like
1:12.6	boggy, foggy bottom behind me.
1:14.6	This is typically where you see the Capitol right behind us.
1:18.6	You know this shot.
1:19.6	Joe was just sitting in this chair before, I think, about a week and a half ago.
	...

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