So who is Greg Abel? Buffett is a household name; Abel clearly isn’t. But he isn’t a mystery to Berkshire shareholders, either. Berkshire revealed in 2021 that the Canadian-bo

When Greg Abel becomes Berkshire Hathaway's new CEO next year he will of course take on additional responsibilities, but with Warren Buffett remaining as chairman, the surprise change announced at the annual meeting over the weekend is in some ways just another milestone in the company's succession plans.

Abel was named vice chairman of Berkshire Hathaway in 2018. Although he has been at the company for more than two decades, he is considered to be much more guarded and hands-on than Buffett.