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Warren Buffet taps Greg Abel to lead Berkshire Hathaway when he leaves

Abel, who is now vice president of non-insurance operations at Berkshire Hathaway, travels often, yet still manages to coach his kids’ hockey, baseball and soccer teams, says Jim Cownie, a former cable executive and Iowa real estate investor. “How does a guy with that much responsibility do that? He just figures out a way,” Cownie said. “He’s an amazing human being.” Abel will succeed the 90-year-old Buffett as CEO. Buffett confirmed the succession plan Monday to CNBC after Berkshir...
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Warren Buffett names likely successor at Berkshire Hathaway

“They’re both wonderful guys,” Buffett, who has spent five decades at the helm, told CNBC. “The likelihood of someone having a 20-year runway, though, makes a real difference.” Berkshire Hathaway vice chairman Charlie Munger, 97, made a remark at Saturday’s annual meeting that stoked speculation that Mr Abel was the chosen successor. Mr Buffett was talking about how decentralisation wouldn’t work everywhere because it requires a certain type of culture. “Yeah, but we do,” Mung...
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Analysis: Buffett's ESG snub risks alienating Wall Street

Sustainable BusinessAnalysis: Buffett’s ESG snub risks alienating Wall Street Jessica DinapoliRoss KerberJonathan Stempel 4 minute read Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking Berkshire Hathaway Inc (BRKa.N) shareholders can accept Chairman Warren Buffett’s hostility to bitcoin, blank-check acquisition firms and wild bets on trading app Robinhood. ...
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10 Things in Politics: the Instagram Account Behind DC's Best Gossip

10 Things in Politics: The Instagram account behind DCs best gossip 10 Things in Politics, your weekday look at the biggest stories in DC and beyond. Heres what were talking about: Instagram; Samantha Lee/Insider 1. ANOTHER SIDE OF DC: In the aftermath of January 6, when a mob of pro-Trump rioters stormed the Capitol and traumatized their city, a few Washingtonians took it upon themselves to try to help catch some of the insurrectionists. Their efforts to "cat...
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PEOPLE MOVES: Berkshire Hathaway, Russell Investments, Artemis

Warren Buffet names successor, while investment solutions firm makes senior leadership changes Berkshire Hathaway World famous investor Warren Buffett has named Berkshire Hathaway’s vice-chairman Greg Abel as his successor for the top job. Abel has served as vice-chairman since 2018, overseeing the firm’s non-insurance business. But, at 90 years old, Buffet has no intention to step down. “The directors are in agreement that if something were to happen to me tonight, it would be Greg who�...
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PRESS DIGEST-Canada

PRESS DIGEST-Canada - May 4 Reuters 5 hrs ago May 4 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Greg Abel, a hockey-obsessed executive from Edmonton who shuns the spotlight, has been tapped to run Berkshire Hathaway Inc and take over from Warren Buffett, one of the most successful investors in U.S. business history. https://tgam.ca/3xKhmWL ** Bank of Nova Sc...
New Brunswick Greg Abel Warren Buffett Greg Engel Organigram Holdings Inc Berkshire Hathaway Inc
Source: msn.com

Buffett's ESG snub risks alienating Wall Street

Berkshire Hathaway Inc shareholders can accept Chairman Warren Buffett's hostility to bitcoin, blank-check acquisition firms and wild bets on trading app Robinhood. Buffett and his board opposed two shareholder resolutions at Berkshire Hathaway's annual shareholder meeting last week that called for annual reports on how its companies are responding to the challenge of climate change, as well as reports on diversity and inclusion in the workplace.
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Source: yahoo.com

Meet Greg Abel, the Canadian who may become Warren Buffett's successor

Ian Vandaelle, Chase Producer, BNN Berkshire Hathaway’s vice chairman of non-insurance business operations Greg Abel , The Canadian Press The top-ranking Canadian at Warren Buffett’s conglomerate, Berkshire Hathaway, is getting a promotion. Greg Abel  - the Edmontonian who heads Berkshire Hathaway Energy - has been named the conglomerate’s vice chairman of non-insurance business operations and appointed to the company’s b...
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Meet the Oracle of Edmonton: Greg Abel tapped as Warren Buffett's successor

Article content Lois Mitchell had a phone appointment scheduled for 11:30 am Alberta time Monday, and she was certain that Greg Abel would pick up after a ring or two, no matter how busy he was. Abel, Berkshire Hathaway Inc.’s vice-chair of non-insurance businesses, is busy at the best of times, but his pile of responsibilities likely grew by a few heaps over the weekend after word got out that his boss, the Oracle of Omaha, Warren Buffett, had chosen the Albertan to be his successor. At leas...
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