$358 billion question for the new CEO of Berkshire Hathaway
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Warren Buffett has handed over Berkshire Hathaway’s reins after six decades at the helm, in one of the most consequential corporate successions of a generation. Berkshire vice-chair Greg Abel, 63, took charge as chief executive on Thursday, leaving a low-profile protégé of one of history’s savviest investors to lead the sprawling company.
OMAHA, Neb. — Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett this week.
With legendary CEO Warren Buffett's time complete with Berkshire Hathaway, many investors are wondering where the company will go under the direction of new CEO Greg Abel. Buffett and Berkshire have been staunch value investors for multiple decades, but could this transition indicate a shift in investment philosophy?
Longtime Des Moines resident Greg Abel taking over for Warren Buffett as CEO of Berkshire Hathaway. Is he ready for the job?