Berkshire Hathaway increased CEO-designate Greg Abel's pay to $20 million in 2023 amid record operating profit.
Berkshire Hathaway raised CEO-designate Greg Abel's pay to $20 million in 2023, as the conglomerate reported a record operating profit. Abel, who oversees Berkshire's non-insurance operations, received a $16 million salary and a $3 million bonus in 2022. Berkshire also recommended rejection of six shareholder proposals, including those related to greenhouse gas reduction, diversity, and Chinese government activities.
March 15, 2024
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