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Grigory Abel, deputy chairman who oversees Berkshire Insurance Operations, meets with shareholders at the exhibition hall during the annual Berkshire Hathaway Inc shareholder meeting in Amakh, Nibraska, USA, May 3, 2024.
Scott Morgan | Reuters
Warren Buffett plans Hand the reins of Berkshire Hethai At the end of 2025, Greg Abel, who works for a legendary investor for more than two decades and has long results as a business operator.
Abel has been in the Berkshire Council since 2018, and his title is the chairman of the non-insurance operations. This role plays Berkshire enterprises in areas such as utilities, railways and retail.
The utility and the energy industry are 62-year-old Abel before becoming the right-handed man. He first joined Berkshire when firm Buffett concluded a deal To control Midamerican Energy, where Abel was the executive director in 1999. He later held the post of CEO of this company, which was renamed Berkshire Hathaway Energy.
One of the key roles for Abel in recent years was his participation in Berkshire’s growth in five Japanese conglomerates. At the meeting of shareholders, Abel said he would expect Berkshire to hold on to Japan for decades.
Abel was known as the heir to Buffette since 2021 when the late Charlie Mangger revealed the decision at the shareholder meeting. A good-technical step gave the time Victory over shareholders And other key stakeholders in Berkshire.
“Greg is ready. I have no doubt about it. We knew whether long,” said Berkshire Ron Olsan on Saturday.
Origin from Canada, Abel studied at Albert University and is a hockey lover. In it 2023 Annual letterBuffett said that he and Abel lived just a few quarters from each other in Amakh in the 1990s, but during this period they never met in person.
