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Ajit Jain (born 23 July 1951) is an Indian-American executive who is the Vice Chairman of Insurance Operations for Berkshire Hathaway as of January 10, 2018. [ 1 ] [ 2 ] Ajit Jain is an older cousin of Anshu Jain , who was the former Co-CEO of Deutsche Bank .
Gregory Edward Abel was born on June 1, 1962, in Edmonton, Alberta. [1] [2] During his childhood Abel did odd jobs like distributing flyers and returning bottles to make money. He also worked as a laborer for a forest product company. [3] He did not participate in too many extracurricular activities in school, aside from hockey and football. [4]
Abel has been overseeing all of Berkshire's varied non-insurance businesses for several years while another vice chairman, Ajit Jain, oversees the insurance businesses, including Geico and General ...
Warren Buffett, Greg Abel say billions of dollars needed to meet growing energy demand, transition to renewables. Abel ready to take over, Buffett says. MidAmerican's energy demand will double by ...
From Warren Buffett's annual letter to Berkshire Hathaway shareholders.
In January 2018, Berkshire Hathaway appointed Ajit Jain and Greg Abel to vice-chairman roles. Abel was appointed vice chairman for non-insurance business operations, and Jain became vice chairman of insurance operations. [212] [213] In May 2021, Buffett named Greg Abel to be his successor as CEO of Berkshire Hathaway. [214]
When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. A ...
Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman recap the big takeaways from the Berkshire Hathaway Annual shareholders meeting with Brian Meredith, UBS Managing Director.