Warren Buffett says Greg Abel is his likely successor as Berkshire Hathaway CEO

Billionaire Warren Buffett told CNBC that his likely successor as Berkshire Hathaway's CEO will be Greg Abel. Abel, 59, serves as vice chairman of the conglomerate's non-insurance operations. Buffett made the confirmation following remarks by vice chairman Charlie Munger during the company's annual meeting Saturday. See more stories on Insider's...