Berkshire Hathaway Confirms Greg Abel as Buffett's Successor

The board expresses strong confidence in Abel's leadership ahead of Warren Buffett's retirement.

Berkshire Hathaway's board is confident in Greg Abel's ability to lead the company after Warren Buffett.
Ron Olson, a longtime board member, praises Abel's understanding of Berkshire's principles and conservative management style.
Abel's leadership skills were highlighted during his handling of a legal dispute with the Haslam family over a business acquisition.
The board is considering future changes in policy, including the possibility of paying dividends.
Abel is set to answer shareholder questions at the upcoming annual meeting, his first major public appearance in his new role.