Greg Abel Is Set to Host Berkshire's Annual Meeting for the First Time as CEO—Here's What's at Stake
Greg Abel is set to host Berkshire Hathaway's annual shareholder meeting for the first time as CEO without Warren Buffett on stage with him. The meeting will be closely watched as investors seek more insight into Abel's plans for the company's future and its massive cash pile.
Greg Abel will host Berkshire Hathaway's annual shareholder meeting on Saturday for the first time as CEO. Warren Buffett, who remains chair of the company's board, is expected to watch from the audience. Abel and Berkshire's insurance head Ajit Jain will lead the first Q&A session. Berkshire's shares have lost over 5% this year, compared to the S&P 500's 5% gain. Investors are waiting to hear more about Abel's plans for the company's future and its cash pile. The meeting will be streamed exclusively by CNBC.
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