Current location:Culture Circuit news portal > business
Berkshire Hathaway event gives good view of Warren Buffett's successor
Culture Circuit news portal2024-05-29 09:41:33【business】7People 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.
Address of this article:http://unitedstates.lochsaege.com/news-0e499506.html
Very good!(672)
Related articles
- Still plenty of fear for Real Madrid coach Ancelotti despite Champions League final successes
- Xi Story: Ensuring a Better Life for the People
- Xi Meets Chairman of Presidential Leadership Council of Yemen
- French companies to step up investment in China
- US condemns loss of life, but says no policy changes after civilian deaths in Israeli strike
- Xi Presents Certificate of Order to Promote Military Officer to Rank of General
- Xi Extends Congratulations to New Slovenian President
- Xi Calls for Fostering Closer China
- Georgia parliament overrides presidential veto of foreign influence bill
- Xi Talks with Cote d'Ivoire's President over Phone
Popular articles
- Indianapolis officer fatally shoots suspect in armed carjacking after suspect reaches for something
- Xi Focus: Xi Charts Course for Chinese Economy at New Starting Point for Modernization
- Xi Jinping Replies to Letter from Artists of China Oriental Performing Arts Group
- Full Text: 2023 New Year Address by President Xi Jinping
Recommended
University of Florida employee, students implicated in illegal plot to ship drugs, toxins to China
Xinhua Headlines
Xi Focus: 17
What's New for China's New Development Pattern and Why Is It crucial?
Addison Rae showcases her figure in a white bikini as she poses with horses on a beach in Mexico
World Insights: Xi's Trip to Middle East Significant to Promoting Peace, Cooperation
Xi Extends Condolences to Nepali President over Plane Crash
Xi Extends Spring Festival Greetings to All Chinese
Links
- Winter Sports Take Root in Dual
- Winter Sports Take Root in Dual
- China's Judicial Authorities Strengthen Protection of Women, Children
- 2022 Beijing Media Center Opens
- In Pics: Awarding Ceremony of 2,000m Short
- In Pics: Onboard Markets on 'Slow Trains'
- Construction of Mainland
- China Focus: China Works to Meet Demand for Elderly Nursing Care Beds
- People Around China Celebrate Chinese Lunar New Year
- China to Further Address Excessive School Homework: Ministry