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Who is Greg Abel? Who is Warren Buffett? What is Berkshire Hathaway?



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Who is Greg Abel? Who is Warren Buffett? What is Berkshire Hathaway?
Who is Greg Abel?
In May 2021, while speaking to CNBC, Warren Buffett confirmed Abel as his future successor as CEO of Berkshire Hathaway
Gregory Edward Abel is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018
Gregory Edward Abel was born on June 1, 1962 in Edmonton, Alberta
He earned a bachelor's degree in accounting from the University of Alberta in 1984 and is an AICPA certified public accountant
Abel began his career working as a chartered accountant with PricewaterhouseCoopers in their San Francisco office
In 1992, he joined CalEnergy, a geothermal electricity producer
In 1999, CalEnergy acquired MidAmerican Energy, adopting its name, and Berkshire Hathaway acquired a controlling interest later that year
Abel became CEO of MidAmerican in 2008, and the company was renamed Berkshire Hathaway Energy in 2014
In January 2018, Abel was named Berkshire Hathaway's vice chairman for non-insurance operations and appointed to Berkshire's board of directors
Abel is also vice chairman of Edison Electric Institute, and a director of Associated Electric and Gas Insurance Services Limited, Kraft Heinz, Nuclear Electric Insurance Limited, the
Hockey Canada Foundation, the Mid-Iowa Council Boy Scouts of America, and the American Football Coaches Foundation
He has been on the board of trustees at Duke University and at Drake University
Warren Buffett had in 2011, as reported by CBS, that he had selected his son, Howard Graham Buffett, who is also a director at Berkshire, to succeed him as chairman of Berkshire Hathaway
Who is Warren Buffett?
Warren Edward Buffett is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway
He is considered one of the most successful investors in the world and has a net worth of over US$100.6 billion as of April 2021, making him the world's seventh-wealthiest person
Buffett was born in Omaha, Nebraska
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