Berkshire’s New CEO Greg Abel Signals a Break From Warren Buffett’s Patient Playbook
Fresh into his tenure as CEO of Berkshire Hathaway, Greg Abel is beginning to show hints at how his leadership might take shape. In a bold move, one of the nascent executive’s first actions will likely be to undo a rare mistake made by his successor, Warren Buffett.
Berkshire is clearing the way to potentially sell its 27.5 percent stake in Kraft Heinz, according to a Jan. 20 SEC filing by the food processing company that noted Berkshire “may offer to sell” its more than 325 million shares.