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May 8, 2023 · Buffett confirmed that Abel will eventually take over for him two years ago after his partner Charlie Munger let it slip at that year’s annual meeting although Buffett has no plans to retire.
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.
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- 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 · Warren Buffett may be synonymous with Berkshire Hathaway, but the 93-year-old has long identified his successor. That person is Greg Abel, 61. The Canadian businessman is currently chair of ...
Nov 29, 2023 · Warren Buffett may be synonymous with Berkshire Hathaway, but the 93-year-old has long identified his successor. That person is Greg Abel, 61. The Canadian businessman is currently chair of ...
- 5 min
- Kwan Wei Kevin Tan
May 6, 2024 · When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway BRK-A-N, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary ...
May 3, 2021 · New York CNN Business —. Warren Buffett said Monday that Greg Abel, the head of Berkshire Hathaway’s non-insurance business, will be his successor – although Buffett gave no indication...
- 3 min
