Warren Buffett has appointed two senior executives to the board of Berkshire Hathaway, handing them both responsibility for large parts of the business and lining them up as his likely successors.
Greg Abel, chairman and CEO of Berkshire Hathaway Energy, will be vice chairman of the non-insurance business, while Ajit Jain, executive vice president of the National Indemnity Company, will be vice...
Joined with 21 Partners
Consequences could be more severe than in stress tests
Move to variable operating expenses
Set to happen on 4 April