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Warren Buffett Says 'It Won't Be Long' Before Greg Abel Succeeds Him as Berkshire Hathaway CEO


Published on 2025-02-23 00:21:07 - Variety
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  • In a wistful annual letter to Berkshire Hathaway shareholders, Warren Buffett said 'it won't be long' before he's succeeded as CEO by Greg Abel.

Warren Buffett, in his annual letter to shareholders, indicated that Greg Abel, currently the Vice Chairman for Non-Insurance Operations at Berkshire Hathaway, is poised to succeed him as CEO in the near future. Buffett praised Abel's capabilities, noting his deep understanding of business and his ability to make decisions that align with Berkshire's long-term investment philosophy. Abel has been with Berkshire since 1999 and has been seen as the heir apparent since 2018 when Buffett named him as his likely successor. The transition is part of a well-thought-out succession plan, ensuring that Berkshire Hathaway continues its legacy of value investing and capital allocation under Abel's leadership.

Read the Full Variety Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/warren-buffett-says-it-wont-be-long-before-greg-abel-succeeds-him-as-berkshire-hathaway-ceo/ar-AA1zAi5i ]
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