Updated
Updated · Barron's · May 2
Warren Buffett explains Greg Abel succession choice and citizenship plans
Updated
Updated · Barron's · May 2

Warren Buffett explains Greg Abel succession choice and citizenship plans

11 articles · Updated · Barron's · May 2
  • At Berkshire Hathaway's shareholder meeting, Buffett said Abel, born in Canada, is well on his way to becoming a US citizen.
  • Buffett said he chose Abel as his successor because he is "very, very, very smart about businesses" and strongly wants American citizenship.
  • Earlier, Buffett said Abel does everything he did "better in all cases", reinforcing the handover as the 95-year-old stepped back from centre stage.
Can Berkshire's new CEO deploy a record $397B cash pile to reverse falling earnings and escape Buffett's long shadow?
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