Greg Abel

Gregory Edward Abel (born 1961/1962) is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018.

Greg Abel
Born
Gregory Edward Abel

1961/1962 (age 59–60)[1]
Edmonton, Alberta, Canada
NationalityCanadian
EducationUniversity of Alberta
OccupationBusinessman
TitleChairman and CEO, Berkshire Hathaway Energy
Board member ofBerkshire Hathaway

Early life and education

Abel was born in Edmonton, Alberta.[2] He earned a bachelor's degree in accounting from the University of Alberta in 1984 and is an AICPA certified public accountant.[2][1]

Career

Abel began his career working as a chartered accountant with PricewaterhouseCoopers in their San Francisco office. In 1992, he joined CalEnergy, a geothermal electricity producer.[2] In 1999, CalEnergy acquired MidAmerican Energy, adopting its name, and Berkshire Hathaway acquired a controlling interest later that year. Abel became CEO of MidAmerican in 2008,[3] and the company was renamed Berkshire Hathaway Energy in 2014.[2]

In January 2018, Abel was named Berkshire Hathaway's vice chairman for non-insurance operations and appointed to Berkshire's board of directors.[4]

Abel is also vice chairman of Edison Electric Institute, and a director of Associated Electric & Gas Insurance Services Limited, Kraft Heinz, Nuclear Electric Insurance Limited, the Hockey Canada Foundation, the Mid-Iowa Council Boy Scouts of America, and the American Football Coaches Foundation. He has been on the board of trustees at Duke University and at Drake University.[5][6]

References

  1. "Executive Profile: Gregory Edward Abel". Bloomberg LP. Archived from the original on 11 January 2018. Retrieved 10 January 2018.
  2. "Warren Buffett's Canadian lieutenant eyes Alberta expansion". Retrieved 10 January 2018 via The Globe and Mail.
  3. Claman, Liz (2018-09-07). "Greg Abel: Holding a key to Buffett's Kingdom". FOXBusiness. Retrieved 2020-02-07.
  4. Kim, Tae (10 January 2018). "Warren Buffett takes a step closer to naming a successor as Berkshire appoints Abel and Jain to board as vice chairs". Retrieved 10 January 2018.
  5. Das, Anupreeta (28 February 2015). "Greg Abel: an Astute Deal Maker Who Shuns the Spotlight". WSJ. Retrieved 31 March 2019.
  6. Jordan, Steve (11 January 2018). "New Berkshire Vice Chairman Gregory Abel called 'truly innovative' with 'great ideas'". Omaha World Herald. Retrieved 31 March 2019.
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