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Berkshire Hathaway hikes salary of CEO Greg Abel, Warren Buffett’s successor, to $25M

admin January 7, 2026 0 Comments

Berkshire Hathaway said Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades. Abel, 63, became chief executive on Jan. 1, after spending eight years as vice chairman overseeing Berkshire’s non-insurance businesses. His compensation was set by […]

Buffett to sit with board members at 2026 Berkshire meeting, won’t appear on stage: report

admin May 19, 2025 0 Comments

Berkshire Hathaway founder and Chairman Warren Buffett is going to forego his usual stage appearance at the 2026 company shareholders’ meeting, the Omaha World-Herald reported on Sunday. Buffett instead will be seated alongside the company’s board of directors while his successor and current vice chairman and incoming CEO Greg Abel answers questions, the report said. Warren Buffett in 2023. REUTERS At Buffett’s […]