Berkshire Hathaway’s $370 Billion Question: Greg Abel Faces First Big Test After Warren Buffett
Greg Abel will face shareholders for the first time as Berkshire Hathaway CEO at the annual meeting on May 2 in Omaha. Berkshire’s $373 billion cash pile and a 14% stock drop since Warren Buffett’s retirement have drawn investor scrutiny. Abel recently sold stocks managed by former investment manager Todd Combs, signaling changes since Buffett stepped down. Buffett remains chairman and works in the office daily.