"Warren Buffett is a world-renowned investor and business icon, famous for everything from his folksy wisdom and vast fortune to his frugal habits and love of junk food. Greg Abel, who took over as Berkshire Hathaway's CEO on January 1, has virtually zero public profile by contrast. Whereas Buffett has partied with Jay-Z, stumped for Hillary Clinton, and appeared on "The Office," few people outside the financial world have even heard of Abel."
"Abel joined Berkshire in 2000 when Buffett acquired MidAmerican Energy, and rose from the subsidiary's CEO to become vice-chairman of Berkshire's non-insurance businesses in 2018. He began appearing on stage with Buffett starting in 2020. Prior to last year's meeting, Abel largely limited his input to discussing subsidiaries such as Berkshire Hathaway Energy and the BNSF Railway, and weighing in on hot topics such as the clean-energy transition."
Greg Abel is a low-profile executive who became Berkshire Hathaway's CEO on January 1 after rising through MidAmerican Energy. He frequently echoes Warren Buffett's principles, praises employees and managers, and emphasizes Berkshire's shareholder-partner culture and decentralized management. Abel plans to invest within his 'circle of competence' and has focused public remarks on Berkshire Hathaway Energy, BNSF Railway, and the clean-energy transition. Abel's style is steady and team-oriented, favoring continuity with Buffett's approach rather than radical change. Abel coaches sports, reads extensively, and emphasizes loyalty to Berkshire's existing businesses and leaders.
Read at Business Insider
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