From FoxBusiness.com….
Warren Buffett, 90 years old, will likely name Greg Abel to succeed him as CEO of Berkshire Hathaway when he steps down.
This, according to CNBC, which confirmed the developments interpreted from the company’s Annual Meeting over the weekend.
“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, CNBC cited.
Abel is a Berkshire Hathaway vice chairman of non-insurance operations and heads the conglomerate’s energy business, according to his bio.
