Warren Buffett has shown no signs of slowing down at the age of 91. (He will turn 92 in August.) The Oracle of Omaha cannot operate Berkshire Hathaway forever. That’s why past annual meetings have often included questions about succession planning.
There is no need for that this year though. Buffett announced last year This cum Greg Appelwho oversees energy, consumer and other non-insurance businesses in Berkshire, will eventually take over as Berkshire’s CEO.
Abel will join Buffett and his fellow Vice Presidents Charlie Munger Jain was taken to the platform on Saturday to answer questions from investors in Berkshire.