Tag: Todd Combs

Greg Abel Is the Next Big Name at Berkshire Hathaway

23Dec

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Money

Greg Abel Is the Next Big Name at Berkshire Hathaway

Listen to article(1 minute)Berkshire Hathaway’s future chief executive officer is no Warren Buffett. Fortunately for Greg Abel, he doesn’t have to be. Buffett, the 93-year-old chairman and CEO, unwrapped one of corporate America’s longest-running mysteries in 2021 when he confirmed that Abel was his pick to succeed him in the role as CEO.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Berkshire Hathaway’s Board Is Old. Not All Investors Are Happy About That.

29Nov

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World

Berkshire Hathaway’s Board Is Old. Not All Investors Are Happy About That.

Updated Nov. 29, 2023 1:45 pm ETWarren Buffett lost his closest confidant when Charlie Munger died this week. But he has lost other advisers recently as well.In the past two years, three other longtime Berkshire Hathaway directors died. All were in their 90s, and all had forged close ties to Buffett decades earlier. The board’s tenure and makeup have drawn scrutiny from some investors who say the group needs more changes. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8