Berkshire Hathaway CEO Greg Abel to Release First Shareholder Letter Post-Buffett

Greg Abel, who succeeded Warren Buffett as Berkshire Hathaway's CEO at the end of 2023, is set to release his first annual letter to shareholders. At 63, Abel faces the challenge of following Buffett's six-decade leadership that transformed Berkshire into a $1 trillion conglomerate. Known for focusing on operational details, Abel's letter is expected to outline his approach and potential changes, including managing the company's $381.7 billion cash reserves, while establishing his own leadership style.