Warren Buffett's successor Greg Abel is wooing shareholders, but some questions remain
Publishing timestamp: 2023-05-05 19:09:54
Summary
Greg Abel, vice chairman for non-insurance operations at Berkshire Hathaway, has taken on many responsibilities at the conglomerate and has increased his stake in the company, giving shareholders hope for the future. Warren Buffett has praised Abel's work and expertise in the energy industry. While some questions about eventual succession remain, shareholders are growing more confident in Abel's capabilities.
Sentiment: POSITIVE
Keywords: breaking news: business, markets, ajit jain, breaking news: investing, wall street, chevron corp, charlie munger, warren buffett, investment strategy, berkshire hathaway inc, stock markets, occidental petroleum corp, business news, breaking news: markets,
Source: https://www.cnbc.com/2023/05/05/warren-buffetts-successor-greg-abel-is-wooing-shareholders.html