Greg Abel Leads First Berkshire Annual Meeting as CEO
Greg Abel chairs his first annual meeting as CEO while Warren Buffett joins the audience. The firm faces a record cash pile and recent stock underperformance.
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Greg Abel will lead his first BERKSHIRE HATHAWAY INC-CL A annual meeting as CEO in the United States this Saturday. Berkshire shares fell 12% since the leadership transition, while the S&P 500 rose 25% over the same period. Investors seek proof that Abel can deploy a $373 billion cash pile as growth in core businesses stagnates.
