Buffett says ‘there’s no jockeying’ between Jain and Abel for top post: CNBC
In Berkshire’s annual report, vice-chairman, Charlie Munger, hinted Jain, and Abel, were top candidates to succeed Buffett
New York: Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway, told CNBC on Monday that Berkshire executives Ajit Jain and Greg Abel are not jockeying for the top Berkshire job.
In Berkshire’s annual report to shareholders on Saturday, vice-chairman, Charlie Munger, hinted Jain, a top insurance executive, and Abel, the head of Berkshire’s energy companies, were top candidates to succeed Buffett.
“There’s no jockeying position at all," between Jain and Abel, Buffett said on CNBC.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!