Ad
related to: greg abel and ajit jain md rochester ny
Search results
Results From The WOW.Com Content Network
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]
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]
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 ...
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 ...
On Monday morning, CNBC's Becky Quick reported that when Buffett is no longer able to lead the company the top job will in fact go to 59-year-old Abel, vice chairman of non-insurance operations.
In August 2022, Berkshire Hathaway acquired a 1% stake in the company from Greg Abel for $870 million. [9] In October 2024, Berkshire Hathaway purchased the remaining 8% stake from the family of Walter Scott Jr. following his death three years prior, bringing the company's ownership to 100%. [10]