Tag Archives: Successor

Omaha, Nebraska: When Warren Buffett announced at his annual shareholder meeting Saturday that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel, who has long been one of his top lieutenants. For the past …

Palestinian President Mahmoud Abbas named close confidant Hussein al-Sheikh as his deputy and likely successor on Saturday, the Palestine Liberation Organisation said, a step widely seen as needed to assuage international doubts over Palestinian leadership. Abbas, 89, has headed the Palestine Liberation Organisation (PLO) and the Palestinian Authority (PA) since …

Ottawa: Mark Carney, the new leader of Canada’s ruling Liberal Party, who is set to become the next Canadian Prime Minister, wants to “rebuild” the strained ties with India, which deteriorated under his predecessor Justin Trudeau. The 59-year-old former Central banker also wants to diversify Ottawa’s trade relationship with New …