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Berkshire Hathaway has significantly increased the annual salary of its new CEO, Greg Abel, to $25 million, effective from January 1, 2026, when he succeeded Warren Buffett 1
Berkshire Hathaway has announced a substantial increase in the annual compensation for its new CEO, Greg Abel, to $25 million per year, effective from January 1, 2026 1
The information about the salary increase was revealed in a filing made by Berkshire Hathaway with the U.S. Securities and Exchange Commission (SEC) on Tuesday local time 2
Greg Abel, aged 63, has taken the reins as CEO after having played a crucial role in the company's operations as vice chairman. His compensation package reflects his new responsibilities and the significant role he will play in shaping Berkshire Hathaway's future.
CEO Succession
Executive Compensation Adjustment