Berkshire Hathaway’s Abel Vows Firm Will Thrive Beyond Buffett

Berkshire Hathaway Inc. Chief Executive Officer Greg Abel vowed to keep Warren Buffett’s guiding principles intact and sought to reassure investors that the company would outlast the legendary executive.

Abel began his inaugural letter to shareholders, published on Saturday as part of the company’s annual report, with a tribute to Buffett, the billionaire investor who ran the company for more than six decades with a focus on seeking out value and investing over the long term.