Warren Buffett Taps Greg Abel
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The Berkshire Hathaway board of directors will keep Warren Buffett as its chairman and appointed Greg Abel as new company president and CEO to replace 94-year-old Buffett.
Buffett will no longer be the CEO of Berkshire Hathaway. However, he plans to "hang around" and help out when needed.
Warren Buffett has announced his retirement. As he prepares to step down, his net worth is at $161 billion, up $19 billion.
Commentators rightly extol Warren Buffett’s unique leadership, investment acumen and cultural stewardship — qualities that will be missed after Buffett retires as CEO of Berkshire Hathaway at the end of the year,
WEB: Before he joined Berkshire Hathaway, Greg Abel led a geothermal company with plants in California. Oh, how times have changed. EMAIL: Before he joined Berkshire Hathaway, Greg Abel led a geothermal company with plants in California.