Berkshire’s Abel to Receive 19% Salary Bump in First Year as CEO

Berkshire Hathaway Inc. Chief Executive Officer Greg Abel will earn an annual cash salary of $25 million, the firm said in a filing Tuesday, far eclipsing the $100,000 that his...

By Amanda Cantrell · Bloomberg Markets

Berkshire Hathaway Inc. Chief Executive Officer Greg Abel will earn an annual cash salary of $25 million, the firm said in a filing Tuesday, far eclipsing the $100,000 that his predecessor Warren Buffett earned for decades in the role.