"Warren Buffett’s Choice Of Greg Abel As Berkshire Hathaway CEO Is Succession Planning Done Right" by Joe Moglia, Forbes
Warren Buffett announced he was stepping down as CEO of Berkshire Hathaway at its annual shareholder meeting on May 3, and that he would recommend Greg Abel should take over at the end of the year. Abel joined the company when it invested in MidAmerican Energy in 1999, and in 2018, both Abel and Ajit Jain were elevated to be vice chairmen, putting them in line as potential successors. Three years later Buffett explicitly tapped Abel as the next CEO.
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