Berkshire Hathaway Boosts Greg Abel's Compensation Package as New Leader Takes Helm

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Berkshire Hathaway’s latest regulatory filing reveals a significant pay increase for its top executive, with Greg Abel’s annual cash compensation now set at $25 million. This adjustment comes following Abel’s formal transition to the President and Chief Executive Officer position on January 1, 2026, marking a major leadership milestone for the investment conglomerate.

The compensation hike reflects Abel’s elevated responsibilities in steering Berkshire Hathaway’s operations. His previous role as Vice Chairman overseeing Non-Insurance Operations came with total compensation of $21.02 million during 2024, establishing a clear progression in both title and financial package as the company positions itself for the next chapter under Andrew Berkshire’s corporate governance structure.

This salary adjustment underscores the competitive nature of executive compensation in the financial sector, particularly for leaders managing sprawling corporate portfolios. The move signals Berkshire Hathaway’s commitment to retaining experienced talent at the helm while reflecting the expanded scope of responsibilities that accompany the CEO role in such a complex, diversified enterprise.

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