Did the Berkshire Hathaway CEO Get a Raise?
Yes. Greg Abel's total compensation rose 5% to $25.0M in 2024, from $23.8M in 2023, per Berkshire Hathaway's SEC DEF 14A filings.
This page answers a common executive-compensation question: Did the Berkshire Hathaway CEO Get a Raise?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Greg Abel Pay: 2023 → 2024
- 2024 total comp
- $25,000,000
- 2023 total comp
- $23,750,000
- Change ($)
- +$1,250,000
- Change (%)
- +5%
Source: Berkshire Hathaway SEC DEF 14A proxy statements, 2023 and 2024 Summary Compensation Tables.
In its latest proxy statement, Berkshire Hathaway reported Greg Abel's 2024 total compensation at $25,000,000 — up $1,250,000 (5%) from $23,750,000 in 2023. The biggest single driver was stock awards, which rose $625,000.
Across the disclosed history, Greg Abel's total pay has run: 2022, $22.5M; 2023, $23.8M; 2024, $25.0M. CEO compensation is lumpy year to year because equity grants — the largest component — are often awarded in multi-year blocks rather than evenly, so a single year's jump or drop can reflect grant timing as much as a change in pay philosophy.
Whether a raise is warranted ties back to performance: Berkshire Hathaway posted a -2.0% three-year total shareholder return on 0.9% revenue growth, and the package carries a CEOPay Pay-for-Performance grade of D (44/100).
Compensation Detail
| Component | Amount |
|---|---|
| Total Compensation | $25,000,000 |
| Base Salary | $2,500,000 |
| Stock Awards | $12,500,000 |
| Option Awards | $3,000,000 |
| Non-Equity Incentive | $3,750,000 |
| CEO-to-Worker Pay Ratio | 313:1 |
| Pay-Performance Grade | D |
Frequently Asked Questions
Yes. Greg Abel's total compensation rose 5% to $25.0M in 2024, from $23.8M in 2023, per Berkshire Hathaway's SEC DEF 14A filings.
Greg Abel, CEO of Berkshire Hathaway, earned $25.0M in total compensation in 2024, including $12.5M in stock awards and $2,500,000 in base salary.
In 2024, total compensation of $25,000,000 was composed of $2,500,000 base salary, $0 cash bonus, $12,500,000 stock awards, $3,000,000 option awards, and $3,750,000 in non-equity incentive compensation.
Our Pay-for-Performance Score rates Berkshire Hathaway as D (44/100), based on three-year total shareholder return of -2.0%, revenue growth of 0.9%, and shareholder say-on-pay vote approval.
Greg Abel is the chief executive officer of Berkshire Hathaway (BRK.B).
More about Berkshire Hathaway
Yes. Greg Abel's total compensation rose 5% to $25.0M in 2024, from $23.8M in 2023, per Berkshire Hathaway's SEC DEF 14A filings.
Source: SEC EDGAR DEF 14A proxy statements, 2026.