Berkshire’s Abel Pledges to Follow Buffett’s ‘Framework’

Berkshire Hathaway’s new ​CEO, Greg Abel​, took office Jan. 1​. - Dan Brouillette/Bloomberg News Berkshire Hathaway’s new chief executive laid out a vision for the conglomerate that signaled he would stick with what worked for his predecessor, Warren Buffett. “Berkshire’s culture and values form the basis of our operating framework, which shapes the strategy we pursue and the choices we make as we build Berkshire,” Greg Abel wrote in his first letter to shareholders. “As CEO, the framework governs how I ...