Current location:politics >>
Berkshire Hathaway event gives good view of Warren Buffett's successor
politics56People have gathered around
IntroductionThis year’s Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man ...
This year’s Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company’s investments after he takes over, raising new questions about the succession plan.
Abel put his encyclopedic knowledge of the utility business that he led directly for years on display and delved into railroad operations and potential acquisitions that Berkshire pursued while sharing the stage with Buffett all day. For his part, the 93-year-old billionaire showed investors he is still sharp.
Abel pointed out that it required a major culture shift to get workers at PacifiCorp and the other utilities, who have long focused all their energy on keeping the lights on, to think about shutting the power down at times when the risk that their power lines could spark wildfires is too great. He also said BNSF railroad is working on getting “our cost structure right” after delivering disappointing results.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Standpoint news portal”。http://christmasisland.tokosaranateknik.com/news-4a899158.html
Related articles
The number of new German citizens hits another high last year, with many Syrians naturalized
politicsBERLIN (AP) — Germany saw another big increase in the number of people gaining citizenship last year ...
【politics】
Read moreOrganizations Aim for Better Protection of Women with Revised Law
politicsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【politics】
Read moreCampaign Advocates Green, Low
politicsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【politics】
Read more
Popular articles
- Ewan McGregor, 53, and Mary Elizabeth Winstead, 39, get candid about reuniting on screen
- China Names Demonstration Cities for Childcare Services
- Federation Improves Women's Rights
- Campaign Advocates Green, Low
- Love Island's Jess White showcases her incredible pre
- Station Provides Legal Aid, Services to Changchun Women
Latest articles
Father of North Carolina House Speaker Tim Moore dies at 75
Council's Members Help Strengthen Community's Governance
Station Provides Legal Aid, Services to Changchun Women
Protecting Children's Safety
'Son of Sam' killer Berkowitz denied parole in 12th attempt
Anhui to Adopt Measures to Combat Domestic Violence
LINKS
- Chrissy Teigen and John Legend have funny run
- Chinese books attract global attention at Italy's biggest book fair
- Oleksandr Usyk beats Tyson Fury to become undisputed heavyweight champ
- Chinese foreign minister holds talks with ROK counterpart
- Prince William is set to be an usher at the Duke of Westminster's 'society wedding of the year'
- China to cut individual housing provident fund loan rates by 0.25 percentage points
- Hong Kong to hold historical French fashion exhibition
- Bayer Leverkusen complete UNBEATEN Bundesliga season under Xabi Alonso as they beat Augsburg 2
- Charlotte's Kahlina, Galaxy's Micovic untouchable in scoreless draw
- Best places to live in the US revealed