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- Abel is chairman of Berkshire Hathaway Energy and oversees Des Moines-based MidAmerican Energy. He came to Berkshire Hathaway when it acquired MidAmerican Energy Holdings in 2000. He leads Berkshire Hathaway's noninsurance companies, including the BNSF railway and other firms that generated $276 billion in revenue last year.
www.desmoinesregister.com › story › newsWho is Warren Buffett's successor, Des Moines resident Greg Abel?
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Who is Warren Buffett's successor Gregory Abel?
May 3, 2021 · Warren Buffett confirmed that Gregory Abel, a 59-year-old Berkshire Hathaway Vice Chairman, is set to be his successor once the investing icon is ready to retire as Berkshire's CEO and chairman.
May 8, 2023 · Buffett reassured investors at Saturday’s annual meeting that he believes Abel is the right man for the job and that he does know how to allocate capital following the same model Buffett...
May 4, 2024 · Abel, who joined Berkshire in 2000 and whose status as CEO-in-waiting was revealed by Charlie Munger, Buffett’s late business partner, at the 2021 shareholder meeting, will be tested on multiple...
- 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
Nov 29, 2023 · That person is Greg Abel, 61. The Canadian businessman is currently chair of Berkshire Hathaway Energy and vice chair for non-insurance operations at Berkshire Hathaway.
- Thomas Greaney And Finanzen.Net
May 5, 2024 · Warren Buffett said Greg Abel should have the final decision on investments at Berkshire Hathaway, making clear that his successor will have authority over not just takeovers but the sprawling...
May 6, 2021 · The company had previously revealed Buffett’s job would be split into three parts: a CEO to oversee capital allocation and Berkshire’s operations; investment managers to oversee the stock...
