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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 […]

Who Is Gregory Abel, Warren Buffett’s Successor?

admin May 4, 2025 0 Comments

Investors had speculated in recent years that Warren E. Buffett might eventually retire. But the 94-year-old billionaire still surprised many on Saturday, when he announced that he planned to step down as chief executive of Berkshire Hathaway after nearly six decades. Less surprising is who he said he intended to succeed him as the leader […]