Berkshire's Abel Gets $17.5 Million After Incentive Plan Expires - Bloomberg

Berkshire's Abel Gets $17.5 Million After Incentive Plan Expires

  • Package includes $15 million bonus, salary of $1 million
  • Buffett says energy unit benefits from diverse earnings stream
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Greg Abel, who leads the energy business at Warren Buffett’s Berkshire Hathaway Inc., received $17.5 million in pay last year.

That package included a $15 million bonus on top of Abel’s $1 million salary and other compensation, Berkshire Hathaway Energy Co. said in a regulatory filing Monday.