Warren Buffett's Right-Hand Man Greg Abel Is Quietly Taking Over Day-To-Day Leadership At Berkshire Hathaway: 'Gotten Much More Involved In Capital Allocation Decisions'

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What Happened: On Friday, in an interview with CNBC, Sue Decker, lead director of Berkshire Hathaway's board, said Abel has begun actively taking on core leadership responsibilities, particularly in capital allocation.

Greg Abel, Warren Buffett's successor at Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), is no longer waiting in the wings—he's already stepping into the role of chief executive in practice.

"In the last year, the board, really Greg and Warren, have moved from sort of preparing for success to actually practicing it," Decker said.

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Warren Buffett Sue Decker Greg Abel News BRK Benzinga Berkshire Hathaway Markets Tech Stories That Matter Benzinga neuro Media

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 05:31:16 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 28328121

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