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Benzinga
Benzinga
Business
Shanthi Rexaline

Ahead Of Berkshire Hathaway's Annual Meeting, Key Board Member Says Buffett's Designated Successor Has Full Backing

Berkshire Berkshire Hathaway Warren Buffett Greg Abel Nebraska Omaha

The Berkshire Hathaway, Inc. (NYSE: BRK-A) (NYSE: BRK-B) annual shareholders meeting returns to Omaha, Nebraska this weekend after two years of virtual-only meetings. The annual event kickstarts at 9:45 a.m. EDT Saturday.

Ahead of the event, a close confidante of the investment holding company's long-standing chairman and chief executive officer Warren Buffett swore allegiance to the billionaire investor's handpicked successor.

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