Core Insights - Greg Abel's salary of $25 million is significantly higher than the median total pay for CEOs of large companies, indicating a competitive compensation structure within the industry [1] Compensation Analysis - The total pay for Greg Abel includes a base salary that is well above the median for big-company chiefs, highlighting the trend of high executive compensation in the corporate sector [1] - Despite Abel's substantial salary, many top CEOs receive even higher compensation through stock and options awards, reflecting the varying compensation strategies employed by different companies [1]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Berkshire Hathaway Inc. Chief Executive Officer Greg Abel will earn an annual cash salary of $25 million, the firm said in a filing Tuesday, far eclipsing the $100,000 that his predecessor Warren Buffett earned for decades in the role. At the $1 trillion conglomerate’s annual meeting in May, Buffett, 95, revealed that he would cede the CEO role to Abel starting in January. Buffett is still serving as chairman of the company, whose holdings span insurance companies, utilities, railroads and a stock portfol ...