Greg Abel earns praise for continuity at first Berkshire annual meeting

business stock market

Greg Abel, the 63-year-old CEO of Berkshire Hathaway, led the company's annual shareholders meeting in Omaha, Nebraska. The event took place four months after Abel succeeded the world's most famous investor as chief executive officer.

Thousands of investors traveled to Nebraska to hear from the new chief, although the crowd was smaller. Acting as the meeting's MC, Abel was mostly all business and handled the majority of the talking during his debut.

While Warren Buffett remained a major presence, reviews from longtime shareholders and professional investors were broadly positive, even as many acknowledged his notable absence.

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