Buffett’s Berkshire says Abel, Jain each make $18 million

Berkshire Hathaway shareholders wander by a movie show monitor at the firm’s annually assembly in Omaha May possibly probably 4, 2013. REUTERS/Rick Wilking/File Image

(Reuters) – Berkshire Hathaway Inc on Friday said its most latest vice chairmen, Greg Abel and Ajit Jain, experienced been just about just about every awarded about $eighteen million previous yr, in the incredibly to start with extensive look at the expend of the males regarded as the big candidates to prosper Warren Buffett as the conglomerate’s main govt.

Abel, 56, and Jain, sixty 7, who grew to grow to be vice chairmen in January 2018, each obtained $16 million in income in addition $two million in reward, in accordance to a publishing with the U.S. Securities and Trade Fee. The reward was awarded at Buffett’s discretion, in accordance to the publishing.

Reporting by Jonathan Stempel in New York Maximizing by Chris Reese

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