Greg Abel Salary at Berkshire Hathaway
Greg Abel salary was disclosed in a Jan. 6 SEC filing showing $25 million annual cash pay, prompting investors to reassess Berkshire Hathaway positioning.
KEY TAKEAWAYS
- SEC filing dated Jan. 6, 2026 disclosed Greg Abel's annual cash salary as $25 million.
- His cash pay rose from $21 million in 2024 to $25 million under the CEO arrangement.
- Buffett remained chairman with a 36.4% Class A stake, highlighting governance optics for investors.
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Greg Abel’s salary drew attention after he became Berkshire Hathaway’s chief executive on January 1, 2026, with the company disclosing his new compensation in a regulatory filing.
Compensation and Filing
A U.S. Securities and Exchange Commission filing dated January 6, 2026, revealed Abel’s annual cash salary as $25 million. The filing did not mention bonuses or stock awards. This marks an increase from his 2024 compensation of $21 million when he was vice chairman overseeing Berkshire’s non-insurance operations.
Succession and Governance
Abel, 62, has led Berkshire’s non-insurance businesses since 2018 and serves as chair of Berkshire Hathaway Energy. He succeeded Warren Buffett, 95, who retired as CEO after more than 55 years but remains chairman.
Buffett’s salary had been $100,000 annually for decades without bonuses or stock grants. He recommended Abel’s compensation to the board and continues as the largest individual shareholder, holding 36.4% of Class A shares according to a June 2025 filing. This shift in CEO pay marks a notable change in Berkshire’s compensation approach and alters how investors may assess management incentives alongside Buffett’s ongoing ownership and oversight.
The succession was finalized in 2025 when Buffett announced at the annual shareholder meeting that he would step down as CEO at year-end and the board named Abel his successor. Buffett praised Abel in a Thanksgiving 2025 shareholder letter and officially stepped down on December 31, 2025.
