BERKSHIRE HATHAWAY INC CLASS B (BRK.B)
Sector: Financials
Sector: Financials
BERKSHIRE HATHAWAY INC CLASS B - Executive Compensation
Vice Chairman-Non Insurance Operations
Executive Compensation
Gregory E. Abel is a prominent figure in the business world, serving as the Vice Chairman of Non-Insurance Operations at Berkshire Hathaway Inc. Class B. Born on June 1, 1962, in Regina, Saskatchewan, Canada, Abel has carved out a remarkable career in the energy and utility sectors. He joined Berkshire Hathaway in 1999 when the company acquired MidAmerican Energy, where Abel was serving as president. His expertise and leadership quickly propelled him through the ranks, and he was appointed as the CEO of MidAmerican Energy Holdings Company (now known as Berkshire Hathaway Energy) in 2008. Under Abel's leadership, Berkshire Hathaway Energy has grown significantly, expanding its operations and diversifying its portfolio. His strategic vision and operational acumen have been instrumental in the company's success, contributing to Berkshire Hathaway's overall growth and stability. In 2018, Abel was promoted to Vice Chairman of Non-Insurance Operations, a role in which he oversees a vast array of Berkshire Hathaway's businesses, including energy, manufacturing, and service companies. His responsibilities encompass managing and driving the performance of these diverse operations, ensuring they align with Berkshire Hathaway's long-term goals. Abel's achievements extend beyond his corporate role. He is widely respected for his business acumen and leadership qualities, often cited as a potential successor to Warren Buffett. His strategic decisions have not only bolstered Berkshire Hathaway's financial health but have also earned him recognition within the industry. Abel's dedication to sustainable practices and his ability to navigate complex markets have solidified his reputation as a key player in the global business landscape. As Vice Chairman, he continues to play a pivotal role in steering Berkshire Hathaway towards continued success and innovation.