Berkshire Hathaway set the salary for its new Chief Executive Officer, Greg Abel, at $25 million. Abel officially took over the CEO role on January 1, 2026.
The $25 million figure substantially exceeds the $100,000 annual salary maintained by predecessor Warren Buffett for decades.
The new compensation aligns with Abel’s recent earnings as Vice Chairman of non-insurance operations. In 2024, Abel and Vice Chairman Ajit Jain (who oversees insurance businesses) each received $21 million. This adjustment reflects a shift in the executive compensation structure following the leadership transition.