Business
Big shoes to fill: Warren Buffett names his successor – Sydney Morning Herald
Replacing Warren Buffett won’t be easy. But that’s the path ahead for Greg Abel.
Whitney Tilson, a longtime Buffett watcher at Empire Financial Research, said he doesnt expect the CEO to step down for at least five years.
When Abel ascends to the top role, hell run a company renowned for its size and breadth — an empire with businesses including auto insurer Geico and retailers such as Sees Candies and Oriental Trading. But hell also need to convince many loyal shareholders, and potentially some newcomers, that hes the man for the job.
Succession questions have long loomed…
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