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Warren Buffett says Greg Abel would become Berkshire CEO after he's gone -CNBC
Warren Buffett says Greg Abel would become Berkshire CEO after he's gone -CNBC
Reuters | May 03, 2021 04:07 PM EDT
Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, (Photo : REUTERS/Rick Wilking/File Photo)
Warren Buffett ended years of speculation about who would succeed him at Berkshire Hathaway Inc by saying Vice Chairman Greg Abel would take over as chief executive officer if he were to step down.
"The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning," Buffett said, according to a CNBC report on Monday. Buffett, 90, has never provided a timetable for his departure.