Berkshire CEO Greg Abel Commits Salary To Buying Company Stock

Berkshire CEO Greg Abel Commits Salary To Buying Company Stock Greg Abel said he plans to put all of his after-tax compensation into shares of Berkshire Hathaway for as long as he runs the company, according to Yahoo Finance/Bloomberg. He recently followed through by buying about $15.3 million of Berkshire stock, according to a regulatory filing. Abel said repeating the purchase each year after the company reports results could total “hundreds of millions” of dollars over time. ...

By Tyler Durden