Berkshire Hathaway Raises Vice Chairman Greg Abel's Pay to $20M

Friday, 15 March 2024, 20:48

Berkshire Hathaway Inc. announced a pay raise for Vice Chairman Greg Abel, the anticipated successor to Warren Buffett. The conglomerate achieved a record operating profit, reflecting positive growth and stability under Abel's future leadership. The increased compensation demonstrates confidence in Abel's capabilities and transition into the CEO role in 2023.
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Berkshire Hathaway Raises Vice Chairman Greg Abel's Pay to $20M

Berkshire Hathaway Raises Pay for Greg Abel

Berkshire Hathaway Inc. disclosed the increment in the compensation of Vice Chairman Greg Abel, slated to take over as the chief executive officer from Warren Buffett in 2023. The move came as the conglomerate marked a record operating profit, illustrating strong performance and stability under Abel's impending leadership.


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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