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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 · US regulators investigated but did not bring charges. As Buffett, 93, has gradually stepped back from the conglomerate’s day-to-day operations, Abel has taken on the role of chief problem solver....
Gregory Edward Abel (born June 1, 1962) is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018. His siblings include Robert (Bob) J Abel & John P Abel also residing in Edmonton Alberta, Canada.
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 6, 2024 · He joined Berkshire Hathaway Energy, then known as MidAmerican Energy, in 1992, which Berkshire took over in 1999 and became MidAmerican's chief in 2008. He now oversees Berkshire's...
May 8, 2023 · Abel also spoke about Berkshire Hathaway Energy’s planned $70bn of projects in the next decade as the group shifts to renewable power sources including wind and solar.
