Warren Buffett is not displaying any indicators of slowing down on the age of 91. (He turns 92 in August.) However the Oracle of Omaha cannot run Berkshire Hathaway eternally. That is why earlier annual conferences have typically featured questions on succession planning.
There isn’t a want for that this yr although. Buffett introduced final yr that vice chairman Greg Abel, who oversees Berkshire’s vitality, client and different non-insurance companies, will finally take over as Berkshire CEO.
Abel will be a part of Buffett and fellow vice chairmen Charlie Munger and Ajit Jain from the stage on Saturday to subject questions from Berkshire traders.