Berkshire Hathaway's new CEO has a much higher salary than Warren Buffett did

Greg Abel will make $25 million in cash in his new role.

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• Berkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role.
• Abel's pay is a significant increase from Warren Buffett's famous $100,000 salary.
• Abel is expected to maintain Berkshire Hathaway's investment philosophy.

Berkshire Hathaway is paying its new CEO, Greg Abel, $25 million each year, a big bump from Warren Buffett's pay.

The company disclosed...