Sierra Club Statement on Warren Buffett’s Retirement Announcement

OMAHA, NEBRASKA-- Today, Berkshire Hathaway's Chairman and CEO, Warren Buffett, announced he plans to retire at the end of 2025. Buffett said he will recommend to the board that Greg Abel, currently the Vice Chairman and CEO of Berkshire Hathaway Energy, will take responsibility as the new CEO and Chairman at the end of the year.

In response, Sierra Club Staff Attorney, Rose Monahan, released the following statement:

"During Greg Abel's reign, Berkshire Hathaway Energy has operated the dirtiest fleet of coal plants in the country, and that's a fact. There is no indication that Berkshire Hathaway wants to be a climate leader, and Abel's appointment is Exhibit A. While Berkshire Hathaway executives and shareholders rake in billions in profit every year, the rest of us are paying the price for their climate inaction. Devastating wildfires, destructive hurricanes, droughts, and floods are already here, and it's only going to get worse."

About the Sierra Club

The Sierra Club is America's largest and most influential grassroots environmental organization, with millions of members and supporters. In addition to protecting every person's right to get outdoors and access the healing power of nature, the Sierra Club works to promote clean energy, safeguard the health of our communities, protect wildlife, and preserve our remaining wild places through grassroots activism, public education, lobbying, and legal action. For more information, visit www.sierraclub.org.