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Gregory Abel to be Berkshire CEO
Financial Express Chandigarh
|May 05, 2025
Abel's other quality is that he is seen as fitting the Berkshire mold.
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He became a more serious contender to take over the conglomerate in 2011, when David Sokol, his former boss at MidAmerican who had been known as Buffett's chief fixer, resigned. Berkshire had concluded Sokol violated company policies by buying about $10 million in shares of Lubrizol, a maker of specialty chemicals, while orchestrating an acquisition of the company.
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