Berkshire Hathaway Inc.’s Gregory Abel , considered a candidate to succeed Chief Executive Officer Warren Buffett , got a promotion and the prospect of greater visibility with the resignation of his mentor, David Sokol.
Gregory Abel and Tracy Britt, two of Warren Buffett’s deputies who have been adding responsibilities at Berkshire Hathaway Inc., were selected by the billionaire to join him as directors of HJ Heinz Co.
Jordan Hansell , who was working with his father at an Iowa law firm two years ago, now reports to Warren Buffett after David Sokol ’s departure created a vacancy at Berkshire Hathaway Inc.’s NetJets business.
Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, who has said banker greed helped deepen the U.S. financial crisis, attracts the workers he wants with compensation that competes with Wall Street awards.
Warren Buffett ’s Berkshire Hathaway Inc. may pursue acquisitions for its MidAmerican Energy Holdings Co . unit as the billionaire chairman seeks to boost investments in capital-intensive industries, CreditSights Inc. said.
David Sokol , the Berkshire Hathaway Inc. manager and dealmaker, made some of his biggest contributions to the firm after telling Chairman Warren Buffett about three years ago that he planned to reduce his role.
Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett , whose list of potential successors shrank in March with the resignation of David Sokol , said the top choice has the integrity the job requires.