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3 days ago · Michela Tindera Now, succession at Berkshire has been a topic of discussion for decades, but recently it all landed on a man named Greg Abel. He was officially anointed as the CEO in waiting in 2021.
4 days ago · He later moved to Des Moines, Berkshire’s energy division headquarters. Abel became president in 1998, CEO in 2008 and chairman in 2011, succeeding David Sokol.
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2 days ago · The acquisition of MidAmerican Energy — later renamed Berkshire Hathaway Energy — brought both David Sokol and Greg Abel into the Berkshire fold. “[This deal] came to us through my good friend, Walter Scott, Jr., chairman of Level 3 Communications and a director of Berkshire,” Buffett wrote in his 1999 letter to shareholders.
4 days ago · Since taking over as the CEO of Berkshire Hathaway (BRK.A-0.03%) (BRK.B 0.05%) in 1965, he's produced a compound average annual return of 19.8% for its investors.
4 days ago · Berkshire Hathaway (BRK/A, BRK/B) recently unveiled its most sizable publicly traded stock purchase that had been hidden since it began buying in the third quarter of 2023. The Securities and ...
3 days ago · In addition to me, other board members will be Piet Dossche, a few other internal people, and Greg Abel with Berkshire. Effective April 5, Tim and his team will own the day-to-day business decisions.
4 days ago · Among his diverse portfolio, one stock stands out as his largest holding: Apple (NASDAQ: AAPL ). As of the latest data, Apple constitutes a significant 40.81% of Berkshire Hathaway’s portfolio, translating to a market value of approximately $135.36 billion. Buffett’s investment in Apple began in early 2016, recognizing the tech giant’s ...
