Workflow
Executive Compensation
icon
Search documents
Greg Abel's salary as Berkshire CEO is way more than Warren Buffett! Here's how much cash he's getting paid in 2026
MINT· 2026-01-11 02:51
Core Insights - Berkshire Hathaway is increasing the salary of its new CEO, Greg Abel, to $25 million annually, marking a 19% increase from his previous compensation [1][2] - This new salary significantly surpasses the $100,000 that Warren Buffett earned during his tenure as CEO [1] - Abel's compensation reflects a broader trend in executive pay, contrasting with Buffett's historically low salary [4] Salary Details - Greg Abel's new salary as CEO is a 19% increase from his previous salary of $21 million in 2024 [2] - In 2023, Abel received a salary of $20 million, and in 2022, he earned $16 million plus a $3 million bonus [3] - Berkshire's Vice Chairman Ajit Jain received the same compensation as Abel from 2022 to 2024, with future compensations for both not yet disclosed [3] Background on Greg Abel - Greg Abel became CEO of Berkshire Hathaway on January 1, succeeding Warren Buffett, who led the company for over 60 years [5] - Abel joined Berkshire in 1999 through the acquisition of MidAmerican Energy and has held various leadership roles, including CEO of Berkshire Hathaway Energy and Vice Chairman overseeing non-insurance businesses [6] - Abel owns approximately $171 million in Berkshire stock and sold a 1% stake in Berkshire Hathaway Energy for $870 million in 2022 [6] Industry Context - The increase in Abel's salary highlights a shift in compensation structures within traditional companies, especially when compared to the substantial incentive packages seen in the tech industry, such as Elon Musk's $1 trillion package approved by Tesla shareholders [4] - The disparity in executive compensation illustrates changing norms in how companies reward their leaders [6]
Jamf (NasdaqGS:JAMF) 2026 Extraordinary General Meeting Transcript
2026-01-08 16:02
Summary of Jamf Holding Corp. Special Meeting of Stockholders Company Overview - **Company**: Jamf Holding Corp. (NasdaqGS: JAMF) - **Meeting Date**: January 8, 2026 - **Meeting Type**: Virtual Special Meeting of Stockholders Key Proposals Discussed 1. **Merger Proposal**: - Proposal to adopt and approve the agreement and plan of merger dated October 28, 2025, involving Jamf, Jawbreaker Parent, Inc., and Jawbreaker Merger Sub, Inc. [8] - Approval requires a majority vote from the holders of outstanding shares of Jamf Common Stock entitled to vote [10]. 2. **Compensation Proposal**: - Proposal to approve, on a non-binding advisory basis, the compensation related to the merger for Jamf's named executive officers [8]. - Approval also requires a majority vote from the shares present or represented by proxy [11]. 3. **Adjournment Proposal**: - Proposal to approve one or more adjournments of the meeting if necessary to solicit additional proxies [9]. - This proposal was deemed unnecessary as the first two proposals were approved [13]. Voting Results - A quorum was established with more than half of the 134,076,214 shares of Jamf Common Stock present in person or by proxy [6]. - Each of the proposals received the requisite number of votes for approval [12]. - The results will be reported on Form 8-K to be filed with the SEC [13]. Additional Information - The meeting was conducted to facilitate stockholder attendance and participation through a live audio webcast [2]. - Stockholders were provided with a certified list of those entitled to vote, which was available for inspection during the meeting [5]. - The meeting concluded with expressions of appreciation to stockholders and the management team for their support and efforts [14][15].
Jamie Dimon rejects Jeff Bezos’ playbook and hoards his JPMorgan shares. He’ll see $770 million in gains for 2025
Yahoo Finance· 2026-01-07 08:23
Last year was a roller coaster ride, but a market rebound has pushed mega banks’ stock growth nearly 30% and record compensation and bonuses are likely to follow. Leading the charge is JPMorgan Chase CEO and chairman Jamie Dimon, one of the last sitting Wall Street leaders to have navigated the 2008 financial crisis, the subsequent passage of the Dodd-Frank reform act, and now the AI boom. Dimon has spent the past 20 years atop JPMorgan and is know for rarely cashing in his stock. With that bent, he amass ...
Berkshire Hathaway CEO Abel's Salary Set at $25 Million, Topping Buffett
WSJ· 2026-01-06 22:59
Greg Abel will be paid $25 million annually, a substantial increase from the pay of his predecessor Warren Buffett, who took an annual salary of $100,000 for more than 40 years. ...
X @The Economist
The Economist· 2025-11-15 21:00
Obscene as Elon Musk’s 13-figure package looks today, tomorrow it may be table stakes https://t.co/wMAhkIxG72 ...
Squawk Pod: Elon Musk’s trillion dollar pay plan & obesity drug pricing - 11/07/25 | Audio Only
CNBC Television· 2025-11-07 18:17
The White House has struck a deal with two more drugmakers: Eli Lilly and Novo Nordisk. Centers for Medicare and Medicaid Services administrator Dr. Mehmet Oz discusses the administration’s plan to make GLP-1s more affordable for Americans. Tesla shareholders voted to approve Elon Musk’s $1 trillion pay package, as long as he reaches their lofty goals for the company. Musk biographer Walter Isaacson discusses the plan of milestones and Musk’s history of exceeding investor expectations. Plus, U.S. airlines a ...
X @Tesla Owners Silicon Valley
NEWS: "Tesla Shareholders Deliver a Trillion-Dollar Win for Elon Musk at 2025 Annual Meeting"In a move that underscores Elon Musk's unrivaled influence over Tesla's future, shareholders at the company's annual meeting on November 6 overwhelmingly approved a landmark compensation package for the CEO that could ultimately be worth nearly $1 trillion. The vote, held at Tesla's Austin headquarters, capped off a lively session filled with product teases, robot dances, and Musk's signature blend of futurism and s ...
'My Manager's Monthly Salary Is $92,000 More Than Mine,' Says An Executive Assistant. 'I Can't Understand What He Does To Earn That Much'
Yahoo Finance· 2025-10-30 17:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A recent Reddit post from an executive assistant at a large tech company sparked a heated debate after they revealed that their boss, the vice president of business development, earns roughly 22 times their monthly pay. “My manager’s monthly salary is $92,000 more than mine,” the assistant wrote. “To this day, I can’t understand what he does to earn that much.” According to the assistant, he strolls in at ...
How Tesla's board changed its tack in pushing for Musk's latest $1 trillion pay package
Business Insider· 2025-10-28 09:30
Core Viewpoint - Tesla's recent communication to investors emphasizes the urgency of approving Elon Musk's $1 trillion compensation plan, framing it as essential for retaining his leadership and ensuring the company's growth potential [1][11]. Group 1: Compensation Plan Evolution - The board's initial 10-year compensation plan for Musk, valued at approximately $55 billion, was approved in 2018 but later rejected by a Delaware judge in 2024 [3]. - Following the rejection, Tesla attempted to reaffirm the plan, citing fairness and the need to honor commitments made to Musk [9]. - The 2025 proposal has shifted focus from fairness to the necessity of retaining Musk's vision and leadership, highlighting the potential loss of value for Tesla without him [11]. Group 2: Investor Communication Strategy - Tesla's chair, Robyn Denholm, has articulated that failing to provide Musk with adequate compensation could result in losing his "time, talent, and vision," which have been crucial for shareholder returns [2]. - The company has actively sought shareholder approval for the compensation package, employing advertisements and countdowns on its website to generate support [15]. - Despite opposition from institutional investors and proxy firms, Tesla's messaging has increasingly emphasized the alignment of Musk's compensation with shareholder interests and performance targets [14]. Group 3: Structural Changes in Compensation - The latest proposal allows Musk to vote with earned shares before they vest, enhancing his voting power compared to the previous stock options [12][13]. - Significant pay-for-performance measures are included in the new plan, aiming to address concerns regarding the size of the compensation by linking it to specific performance milestones [14]. - The board's independence and ability to monitor management remain points of contention, with ongoing skepticism about the governance structure [16][17].
Tesla Board Chair Robyn Denholm Criticizes Proxy Advisors' 'One-Size-Fits-All' Approach To Elon Musk's $1 Trillion Pay Package - Tesla (NASDAQ:TSLA)
Benzinga· 2025-10-22 10:07
Core Viewpoint - Tesla's Board Chair, Robyn Denholm, defends CEO Elon Musk's controversial compensation package against proxy advisory firms ISS and Glass Lewis, arguing that their evaluations are overly simplistic and do not account for Tesla's unique challenges [1][2]. Group 1: Defense of Compensation Package - Denholm criticizes ISS and Glass Lewis for their "one-size-fits-all" approach, stating that they are "fundamentally unable" to evaluate Tesla accurately [2]. - She emphasizes that Musk will receive no compensation unless shareholders achieve exceptional investment returns, and he could gain additional voting rights by meeting ambitious market capitalization and operational goals [3]. - Denholm asserts that Musk must lead Tesla to $400 billion in Adjusted EBITDA, which requires a growth of approximately 26 times the current figure, countering claims that the milestones are too easy [4]. Group 2: Investor Appeal - Denholm urges investors to disregard the advice of ISS and Glass Lewis and to support the Board's recommendations, framing the decision as a choice between innovation and traditional automotive practices [5]. - Experts have mixed opinions on the compensation package; while some, like Ross Gerber, criticize it as "insanity," others, including Cathie Wood, defend it and predict it will pass at the shareholder meeting [6][7]. Group 3: Company Performance Metrics - Tesla is noted for strong performance in Momentum, Quality, and Growth metrics, although it is rated poorly on Value [8].