Key Highlights
- Greg Abel, who spent eight years in the role of vice chairman overseeing Berkshire's non-insurance businesses, became the new Berkshire Hathaway CEO on 1 January.
- Abel’s new salary as CEO would be a 19% increase from his $21 million salary in 2024, according to a regulatory filing.
- In all, he made a little more with other compensation.
- According to Reuters, Abel got paid a $20 million salary in 2023, and a $16 million salary plus a $3 million bonus in 2022.
- Buffett had set his compensation during this period.
