YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Berkshire Hathaway reveals succession plan

Posted online

Berkshire Hathaway's annual meeting came with unexpected news: the next CEO of the company.

CEO Warren Buffett confirmed Greg Abel, vice chairperson of the company who leads its noninsurance operations, would succeed him.

Ajit Jain, who runs Berkshire's insurance operations, is second in line, Buffett said.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Business Spotlight: Grow What You Know

Led by a team of gardening experts, Harvest Grow Supply offers know-how alongside more than a thousand products.

Most Read
Update cookies preferences