Warren Buffett names Greg Abel as next CEO of Berkshire Hathaway

Billionaire, 90, lets slip plan for vice-chairman to take over at $644bn investment groupBillionaire investor Warren Buffett has confirmed that the vice-chairman of his Berkshire Hathaway investment conglomerate, Greg Abel, will succeed him as chief executive.The 90-year-old’s succession plan was teased out of him – apparently by accident – by his longtime business partner, 97-year-old Charlie Munger, at the company’s annual meeting over the weekend. Buffett, speaking to