Berkshire Hathaway
BRK.B
The plan delineates that Greg Abel, the current Vice Chairman of Non-Insurance Operations, is poised to assume the role of CEO and succeed Warren Buffett. Alongside Abel, Ajit Jain, responsible for overseeing the company’s insurance business, is also regarded as a potential successor to Buffett. The plan envisions the CEO position being divided into three distinct roles: one overseeing capital allocation and operations, another managing the stock portfolio, and a separate board chairman. This well-structured succession plan aims to ensure a seamless transition of leadership within the conglomerate.
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