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May 3, 2021 · Salary.com pinned his compensation at $19 million annually in 2019 and 2020. In his vice-chairman role at Berkshire Hathaway, Abel doesn’t receive stock options as part of his compensation. His...
- Kathryn Underwood
May 3, 2021 · While his salary at Berkshire Hathaway can vary from year to year, Abel made a base salary of $16 million in both 2019 and 2020, along with annual bonuses of $3 million each of those years,...
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Born June 1, 1962, and raised in Edmonton, Canada, Gregory Abel graduated from the University of Alberta in 1984 with a commerce degree. He became an accountant and, after a stint with Big Four accounting firm PwC (PricewaterhouseCoopers), joined a small electricity company, CalEnergy, in 1992. He rose to become president of the business in 1998, w...
That ability continued at Berkshire. BHE has accounted for/been involved in some of Berkshire's largest acquisitions, including PacifiCorp in 2005, Nevada utility NV Energy in 2013, and Dominion Energy’s pipeline business in 2020. Abel also nurtured Home Services, a small real estate brokerage that came with the purchase of another company; it's no...
Greg Abel will face challenges when he steps into the big role. An increasingly activist group of Berkshire shareholders is agitating for the company to spend more of its considerable cash reserves, to reduce its carbon footprint, and to promote diversity. All this, along with the fact that he's not Warren Buffett. But then, he won't be inheriting ...
- Troy Segal
May 3, 2021 · Berkshire repurchased $126 million worth of shares from Scott on March 5, 2020, according to its latest proxy statement, valuing BHE at $53.4 billion. That makes Abel’s stake worth an...
- Hank Tucker
Apr 28, 2022 · In 2020 and 2021, Greg Abel made $19 million. More: Des Moines resident tapped as future Berkshire Hathaway CEO is a 'grounded,' 'brilliant,' friends say. He leads a division that includes...
May 3, 2021 · Warren Buffett has named Greg Abel as his heir apparent at Berkshire Hathaway. Abel has long been suspected as the next in line to lead the $630 billion conglomerate. Abel is the vice chairman for ...
May 4, 2021 · Abel was on a base salary of $16million in 2019 and 2020 - which was considerably boosted with annual bonuses of $3million in each of those years, according to Berkshire’s financial filings.
