Greg Abel Presides Over First Berkshire Annual Meeting

Greg Abel leads his first Berkshire annual meeting on Saturday as Warren Buffett watches. Investors seek plans for a 373 billion dollar cash pile.

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BERKSHIRE HATHAWAY INC-CL A CEO Greg Abel will lead his first annual meeting on May 2 as shares trail the S&P 500 by 39 percentage points. It marks the first leadership transition for the United States conglomerate since Warren Buffett stepped down as chief executive. Buffett remains as chairman. Investors seek clarity on how Abel will deploy a $373B cash pile to revive growth in a tech-heavy market.

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