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CEO and chairman
- Today, Abel serves as BHE’s CEO and chairman, overseeing Berkshire’s various energy holdings, which include subsidiaries focused on coal, natural gas, hydroelectric, wind, solar, geothermal, and nuclear energy. BHE has more than 23,800 employees in total, and the company reported more than $20.9 billion in revenue in 2020.
www.cnbc.com › 2021/05/03 › who-is-greg-abel-warren-buffetts-successor-at-berkshire-hathawayWho is Greg Abel, Warren Buffett’s successor at Berkshire ...
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May 3, 2021 · Today, Abel serves as BHE’s CEO and chairman, overseeing Berkshire’s various energy holdings, which include subsidiaries focused on coal, natural gas, hydroelectric, wind, solar,...
- Early Life and Education
- Notable Accomplishments
- The Bottom Line
Born June 1, 1962, and raised in Edmonton, Canada, Gregory Abel graduated from the University of Alberta in 1984 with a commerce degree. He became an accountant and, after a stint with Big Four accounting firm PwC (PricewaterhouseCoopers), joined a small electricity company, CalEnergy, in 1992. He rose to become president of the business in 1998, w...
That ability continued at Berkshire. BHE has accounted for/been involved in some of Berkshire's largest acquisitions, including PacifiCorp in 2005, Nevada utility NV Energy in 2013, and Dominion Energy’s pipeline business in 2020. Abel also nurtured Home Services, a small real estate brokerage that came with the purchase of another company; it's no...
Greg Abel will face challenges when he steps into the big role. An increasingly activist group of Berkshire shareholders is agitating for the company to spend more of its considerable cash reserves, to reduce its carbon footprint, and to promote diversity. All this, along with the fact that he's not Warren Buffett. But then, he won't be inheriting ...
- Troy Segal
May 4, 2024 · In the final part of a series, the Financial Times examines whether Abel will be able to deliver on Buffett’s promise that Berkshire, America’s last great conglomerate in an age when...
May 5, 2024 · Abel has played a large role in Berkshire’s acquisitions, including its takeovers of PacifiCorp in 2006, and Dominion Energy’s pipeline business in 2020. Buffett disclosed during the annual...
- Michela Tindera
May 8, 2023 · Seeing Abel talk through returns on capital projects was itself noteworthy, he added, given that Buffett has long said the Berkshire home office is responsible for capital allocation, not...
Story by Sajda Parveen. • 9m • 2 min read. Warren Buffett said on Saturday that Greg Abel, his chosen successor, will make the final decisions on where Berkshire Hathaway invests its money when...
May 3, 2021 · The eventual successor to 90-year-old Warren Buffett as chairman and chief executive officer (CEO) of Berkshire Hathaway Inc. (BRK.A, BRK.B) will be Greg Abel, the 58-year-old vice chairman of Non ...
