Reported 2 days ago
As Greg Abel prepares to succeed Warren Buffett as CEO of Berkshire Hathaway, he is expected to maintain the company's long-standing culture of long-term investments and minimal dividends. Abel, currently a vice chairman, has a history with the company and is seen as a capable leader who values Buffett's teachings. Given Buffett's advanced age, the transition comes as planned, with Abel's management style predicted to be more active as he takes the reins of the $1.18 trillion conglomerate.
Source: YAHOO