malaymail.com 03 May, 2021 15:15 am

CNBC: Buffett says Greg Abel will succeed him at Berkshire

CNBC: Buffett says Greg Abel will succeed him at Berkshire
NEW YORK, May 3 — Berkshire Hathaway plans to name Greg Abel as chief executive when the conglomerate’s longtime chief, Warren Buffett, eventually exits, CNBC reported today. Buffett, 90, confirmed the plan to the business network after Berkshire’s annual meeting over the weekend. ...

Abel, 59, is vice chairman of Berkshire’s non-insurance operations.Buffett has led Berkshire for decades with Charlie Munger, 97, vice chairman of the board.Buffett also indicated that Vice Chairman Ajit Jain, 69, who runs the company’s insurance operations, was the second in line to succeed if anything should happen to Abel.Berkshire Hathaway plans to name Greg Abel as chief executive when the conglomerate’s longtime chief, Warren Buffett, eventually exits, CNBC reported today.

NEW YORK, May 3 — Berkshire Hathaway plans to name Greg Abel as chief executive when the conglomerate’s longtime chief, Warren Buffett, eventually exits, CNBC reported today.Abel joined the company in 1992 and Jain in 1986 and are well known with the Berkshire.

Read full story at malaymail.com