Berkshire Increases Salary for Future CEO Greg Abel to $20 Million

Friday, 15 March 2024, 20:37

Berkshire Hathaway has announced a significant increase in salary for Greg Abel, the designated successor to Warren Buffett, now set at $20 million. This move highlights the company's commitment to rewarding talent and ensuring a smooth transition of leadership. The decision emphasizes confidence in Abel's ability to steer the conglomerate in the post-Buffett era.
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Berkshire Increases Salary for Future CEO Greg Abel to $20 Million

Berkshire Hathaway Raises Pay for Successor

Berkshire Hathaway has decided to increase the salary of Greg Abel, the successor selected to follow in the footsteps of Warren Buffett. This raise brings Abel's annual compensation to an impressive $20 million annually. This decision reflects the company's strategy to incentivize top talent and secure competent leadership for the future.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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