Warren Buffet names successor, while investment solutions firm makes senior leadership changes
Berkshire Hathaway
World famous investor Warren Buffett has named Berkshire Hathaway’s vice-chairman Greg Abel as his successor for the top job.
Abel has served as vice-chairman since 2018, overseeing the firm’s non-insurance business.
But, at 90 years old, Buffet has no intention 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,” he told American news outlet CNBC.
Russell Investments
The global investment solutions firm has made a few changes to its senior leadership.