Who is Warren Buffett’s successor? Meet Greg Abel, the Berkshire Hathaway veteran, who Buffett wants as new CEO

Quick Summary:

Warren Buffett surprised shareholders by announcing his intent to retire as Berkshire Hathaway CEO by year's end, naming Greg Abel as his successor.

Abel, a 25-year Berkshire veteran currently overseeing non-insurance operations, will now lead the $865 billion conglomerate.

"I think the time has arrived where Greg should become the Chief Executive office of the company at year end," Buffett said.

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Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaAustraliaBrazilJordanPakistanSouth Africa

Topics: Berkshire Hathaway Energy Warren Buffett successor Greg Abel Warren Buffett Berkshire Hathaway

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-04 @ 03:09:54 (19 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 941 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28339450

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