Berkshire Hathaway Reports Bylaw Amendments for CEO Transition
Summary
On September 30, 2025, Berkshire Hathaway Inc.'s Board of Directors voted to amend and restate the Company's By-Laws (Ex. 3(ii)), effective immediately. The primary purpose of this amendment was to separate the roles of the Chairman of the Board and the Chief Executive Officer. This change formalizes the previously reported appointment of Mr. Greg Abel as President and CEO, effective January 1, 2026, succeeding Mr. Warren Buffett, who will remain Chairman. New Paragraph 3.5 was added to Section 3 and various changes were made to Section 4 of the By-Laws.
Why It Matters
This amendment to the By-Laws formalizes a significant corporate governance change for Berkshire Hathaway, separating the Chairman and CEO roles. It underscores the planned leadership transition with Mr. Greg Abel taking over as CEO from Mr. Warren Buffett, a material event for investors.
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Key Quote
“effective immediately. The primary purpose of the amendment was to separate the role of the Chairman of the Board of Directors and the role of the Chief Executive Officer of the Company. As previously reported on a.”
— From Item 5.03
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001067983
- Filing Date
- Friday, October 3, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral