Who is Greg Abel, the executive picked to be successor to Warren Buffett?

Omaha, Neb. (AFP)-When Warren Buffett announced in his annual meeting of the shareholders on Saturday that he was stepped as an executive of the Hathaway at the end of the year, he raised a 62-year-old CEO named Greg Abel, who was long ago one of the senior attachments.

Over the past seven years, ABEL has been overlooked and manufactured by Berkshire’s BNSF railway and manufacturers of Seanies and Queen of Dairy, along with dozens of other manufacturing and retail work that Buffett has acquired over the years.

He grew up in Canada as a hockey player and learned the value of hard work because he replaced the neglected bottles and worked in a small company that fills the fire extinguishers. Now he finds himself at the top of the food chain in the investment world.

Berkshire confirmed that Abel Khalaf Buffett in 2021 after he allowed her former Vice president Charlie Monage at the annual meeting. Since then, ABEL has been largely under Buffett, although shareholders have a chance to get to know him a little when he appeared alongside Buffett in annual meetings and interviews.

The Berkshire Council will now vote whether to officially approve ABEL as a new executive to take office at the end of 2025. At the annual meeting in Umaha, Pavit said he expected this to happen with a unanimous vote.

ABEL will move forward to take responsibility for all a variety of selective companies in Berkshire with approximately 400,000 employees and huge arrows of the bloc. Buffett and members of Berkshire’s Board of Directors who devoted many years to their time to find the successor of Abel’s brilliance and talent to understand all kinds of companies.

Buffett once said that Berkshire is “very lucky” to be ABEL ready to control, but he will have difficulty approaching the wonderful Buffett record of bypassing the market. While Puffette Berkshire, over the decades, by making good deals and stock investments at attractive prices, the massive size of Berkshire made it more difficult recently to find anything big enough to change the minimum bloc.

ABEL has large shoes to fill it, but no one is expected to match Buffett’s achievements that made him a billionaire several times and one of the richest investors in the last century. Ron Olson, Berkshire’s Board of Directors long, said two days before the announcement that he believed that Abel was ready to take over.

“Is it the last Warren Buffett? No, there is no other Warren Buffett I know. But he has a lot of the basics of Warren,” said Olson. “He is certain of high integrity. It is a hard factor. He is a strategic thinker.”