Search results
May 4, 2024 · It was his ability to wring out improvements in a company’s operating performance — as well as finding deal targets — that helped persuade Buffett he was the best pick.
May 2, 2024 · Abel, who keeps a low profile and doesn’t typically grant interviews, will be answering questions alongside Buffett for hours Saturday, trying to help fill the role Buffett’s longtime partner...
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. In 2021, Buffett told...
- Thomas Greaney And Finanzen.Net
May 8, 2023 · Warren Buffett’s hand-picked successor will have big shoes to fill in someday replacing the 92-year-old investing icon: ‘He’s not going to screw this up’. BY Josh Funk and The Associated Press....
- Background and Résumé
- The Succession of The Oracle of Omaha
- Thoughts from The Street
Abel began his career working for PricewaterhouseCoopers before joining CalEnergy, a geothermal-electricity producer, in 1992. In 1999, CalEnergy acquired MidAmerican Energy and adopted its name before Berkshire Hathaway picked up a controlling interest in the firm later that year. In 2008, Abel became the CEO of MidAmerican, which was renamed Berk...
Abel has for years been known on Wall Street as the likely successor to Buffett. In 2017, Sarah DeWitt, an analyst with JPMorgan, initiated coverage of Berkshire and said the energy executive was the "most likely" candidate to replace Buffett. The conglomerate, however, didn't confirm the suspicion — until Saturday. At Berkshire's annual meeting, A...
Analysts, market commentators, and professors were mostly positive about Abel's prospects as the leader of Berkshire Hathaway. Here are four reactions to the news of his selection: 1. "Abel, of course, does not have the charisma, personality, and reputation that Buffett built over decades, so he's not going to have that magnetism that Buffett has, ...
- Will Daniel
- Thomas Greaney And Finanzen.Net
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...
People also ask
Who is Greg Abel?
Could Greg Abel lead Berkshire Hathaway into the future?
Who is Warren Buffett's successor Gregory Abel?
Can Abel improve the performance of Berkshire's subsidiaries?
Why are Berkshire managers reporting to Abel instead of Buffett?
How does Abel work in ice hockey?
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...
