Berkshire pays CEO Abel 22 million and resumes buybacks

Berkshire Hathaway awarded CEO Greg Abel 22 million dollars for 2025 and resumed stock buybacks. The firm also proposed advisory votes on executive pay.

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BERKSHIRE HATHAWAY INC-CL A has disclosed that it awarded Chief Executive Greg Abel $22 million in compensation for 2025 as he prepared to take over the top role from Warren Buffett. The disclosure, made in a proxy statement for the company's May 2 annual meeting in Omaha, Nebraska, also confirmed that the conglomerate has resumed its stock buyback program after a hiatus of nearly two years, spending more than $200 million recently.

The Berkshire Hathaway logo is displayed on a screen at the New York Stock Exchange in New York City, May 10, 2023. REUTERS/Brendan McDermid
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