NYSE:BRK.BDiversified Financial
Berkshire Hathaway Under Greg Abel Balancing Oxychem Deal And Cash Choices
Warren Buffett has stepped back from the CEO role at Berkshire Hathaway (NYSE:BRK.B), and Greg Abel is now leading the company.
Abel’s early decisions include the large Oxychem acquisition and continued reductions in major equity holdings such as Apple and Bank of America.
Berkshire Hathaway is holding a sizable cash balance while adjusting its capital allocation approach under new leadership.
Berkshire Hathaway, known for its mix of insurance, energy, rail, industrial and consumer...