Berkshire promotes potential Buffett successors Jain and Abel

Gregory E. Abel, left, and Ajit Jain. Warren Buffett's Berkshire Hathaway Inc. is adding Gregory E. Abel and Ajit Jain to its board as speculation grows about Buffett's successor as chief executive officer. Photographer: Daniel Acker/Bloomberg

Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, cementing their status as the most likely successors to Warren Buffett to run the conglomerate.

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