SEC Form 8-K filed by Berkshire Hathaway Inc.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
| (STATE OR OTHER JURISDICTION | (COMMISSION | (I.R.S. EMPLOYER | ||
| OF INCORPORATION) | FILE NUMBER) | IDENTIFICATION NO.) |
| (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) | (ZIP CODE) |
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| ITEM 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
b) On May 3, 2025, Mr. Warren Buffett, Berkshire’s Chairman and CEO, announced that he was going to recommend to Berkshire’s Board of Directors at its meeting to be held on May 4, 2025 that Mr. Greg Abel, Berkshire’s Vice Chairman – Non-Insurance Operations, be appointed Berkshire’s Chief Executive Officer to become effective on January 1, 2026.
c) On May 4, 2025, Berkshire’s Board of Directors voted unanimously to appoint Mr. Abel to become Berkshire’s President and CEO effective on January 1, 2026. Mr. Abel, age 62, has been a director of the Corporation and the Corporation’s Vice Chairman – Non-Insurance Operations since 2018. Between 2008 and 2018, Mr. Abel served as the Chief Executive Officer of Berkshire Hathaway Energy Company (“BHE”), a wholly owned Berkshire subsidiary. Mr. Abel has served as BHE’s Chairman since 2011. Mr. Abel served as a director of The Kraft Heinz Company until May 2024. He was a director of AEGIS Insurance Services Inc., a provider of property and liability insurance for the energy industry, from 2016 – 2023.
There is no family relationship between Mr. Abel and any of Berkshire’s directors or executive officers. Since June 2022, there have been no transactions between Mr. Abel and Berkshire in which the amount involved exceeded $120,000 and in which Mr. Abel had a material interest.
On May 5, 2025, Berkshire Hathaway issued a press release regarding Mr. Buffett’s announcement on May 3, 2025; the unanimous vote of the Board of Directors to appoint Mr. Abel as President and CEO to be effective on January 1, 2026; and that Mr. Buffett will remain as Chairman of the Board of Directors. A copy of the press release is attached as Exhibit 99.1.
| ITEM 9.01 | Financial Statements and Exhibits |
| Exhibit 99.1 | Press release issued by Berkshire Hathaway Inc. dated May 5, 2025 | |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| May 8, 2025 | BERKSHIRE HATHAWAY INC.
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| /s/ Marc D. Hamburg | ||||||
| By: Marc D. Hamburg | ||||||
| Senior Vice President and Chief Financial Officer |