Live Breaking News & Updates on Jim Cownie

Stay updated with breaking news from Jim cownie. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Warren Buffet taps Greg Abel to lead Berkshire Hathaway when he leaves


Abel, who is now vice president of non-insurance operations at Berkshire Hathaway, travels often, yet still manages to coach his kids’ hockey, baseball and soccer teams, says Jim Cownie, a former cable executive and Iowa real estate investor.
“How does a guy with that much responsibility do that? He just figures out a way,” Cownie said. “He’s an amazing human being.”
Abel will succeed the 90-year-old Buffett as CEO.
Buffett confirmed the succession plan Monday to CNBC after Berkshire Vice Chairman Charlie Munger let details of it slip during the Omaha, Nebraska-based company s annual meeting on Saturday. 
In an exchange with Munger, Buffett said Berkshire s extremely decentralized operating model wouldn t work unless the company has the right culture. ....

United States , Drake University , Des Moines , Jim Shanahan , Jim Cownie , Warren Buffett , Ajit Jain , Cathy Seifert , Jim Weber , Greg Abel , Berkshire Hathaway Homeservices , Lawrence Cunningham , Howard Buffett , Charlie Munger , Edward Jones , American Football Coaches Foundation , Iowa Realty , Berkshire Hathaway Inc , Iowa Council Boy Scouts Of America , George Washington University , Berkshire Hathaway , Midamerican Energy , Bill Knapp , Berkshire Vice Chairman Charlie Munger , Vice Chairman Ajit Jain , Beyond Buffett ,