Cio David Harden Cio David Harden discusses at Summit Global Cio David harden how Berkshire Hathaway has achieved a record number in Claman.
Warren Buffett of Berkshire Hathaway announced during the weekend of plans to step ascend as an executive head starting next year.
Greg Abil, Vice President of the Operations Operations in Berkshire, obtained unanimous approval from the council to Behind BuffettThose after more than half a century, to give up the higher job.
ABEL will start his work as a new executive for Burkashire on January 1, 2026.
Khalifa Buffett has held his current position in Berkshire since January 2018, and the heads of Hathaway Energy, the subsidiary company that owns companies such as Pacificorp, North Natural Gas and Bhe Renewles.
Greg Abel, a center, is currently the Vice President of Insurance Operations at Berkchire Hathaway. (Dan Brouillette / Bloomberg via Getty Images / Getty Images)
Abel has a long history in Energy sectorAfter working in Calenergy and Midamerican Energy Holdings Company, after Calenergy bought it and took her name in the late 1990s.
Warren Buffett to step down as CEO of Hathaway by the end of the year
He joined Berkshire in 1999, when the group bought the majority of the majority at Midamerican Energy Holdings. He was the head of Midamerican at the time of this deal and will eventually become the CEO of the company.
His first function was outside the college in Price Water Hoskubers, according to the Hurachio Algrir Association for distinguished Americans, a non -profit organization where he carries the role of the president.
Habel, a Canadian, Alberta University, attended and got a commercial degree.
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Before recommending Bill to become Berkshire The next CEOBuffett explained on many occasions that Abel was his best choice behind.
Berkshire Hathaway shareholders on a video screen at the company’s annual meeting in Omaha, Nebraska, on May 4, 2013. (Reuters/Rick Welling/Pictures/Reuters photos)
In 2021, I told “Oracle of omaha” CNBC that Berkshire’s managers were “in an agreement that if something happened to me tonight, it would be Greg that will take over tomorrow morning.”
Warren Buffett is attending the global “Warren Buffett” global at the Museum of Modern Art on January 19, 2017 in New York City. (J. KEMPIN / Getty Images / Getty Images)
Pavit wrote in his 2023 letter to shareholders that Abel “in all respects is ready to be the CEO of Berkshire tomorrow.” In addition, recently, in his 2024 letter, he said that “it will not take place long before Greg Abel as an executive director and will write the annual messages.”
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Berkshire said that Pavite will remain president when ABL assumes the position of CEO at the beginning of next year.
The group achieved $ 89.7 billion of total revenue in the first quarter.
The market value in Berkshire to the north hovered at $ 1 trillion late Monday morning.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| Brk.a | Berkshire Hathaway. | 775,605.00 | -33,745.00 |
4.17 % |
| BRK.B | Berkshire Hathaway. | 516.21 | -23.11 |
-4.28 % |
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