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Headline : Warren Buffetts Successor Says Berkshire Hathaways Culture Will Stay the Same

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By Sherin Shibu May 6, 2024

Succession plans at the $870 billion Berkshire Hathaway took center stage on Saturday as thousands of shareholders attended the firm's annual meeting in Omaha.

Investors questioned 93-year-old Berkshire chairman Warren Buffett about what would change when Berkshire's vice chairman Greg Abel, 61, who has been at the firm for 25 years, takes over as chief executive after Buffett. Abel was appointed Buffett's successor in 2021.

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