Greg Abel

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Greg Abel
Born
Gregory Edward Abel

1961/1962 (age 57–58)[1]
Edmonton, Alberta, Canada
NationalityCanadian
EducationUniversity of Alberta
OccupationBusinessman
TitleChairman and CEO, Berkshire Hathaway Energy
Board member ofBerkshire Hathaway

Gregory Edward Abel (born 1961/62) is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and vice chairman of non-insurance operations of Berkshire Hathaway since January 2018.

Early life and education[edit]

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[edit]

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, 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.[3]

Abel also serves as vice chairman of Edison Electric Institute, and as 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 also served on the board of trustees at Duke University and at Drake University.[4][5]

References[edit]

  1. ^ a b "Executive Profile: Gregory Edward Abel". Bloomberg LP. Retrieved 10 January 2018.
  2. ^ a b c d "Warren Buffett's Canadian lieutenant eyes Alberta expansion". Retrieved 10 January 2018 – via The Globe and Mail.
  3. ^ 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.
  4. ^ Das, Anupreeta (28 February 2015). "Greg Abel: an Astute Deal Maker Who Shuns the Spotlight". WSJ. Retrieved 31 March 2019.
  5. ^ Jordan, Steve (11 January 2018). "New Berkshire Vice Chairman Gregory Abel called 'truly innovative' with 'great ideas'". Omaha World Herald. Retrieved 31 March 2019.