Buffett gives exec lift while his compensate stays same

OMAHA, Neb. (AP) – Warren Buffett’s sum remuneration declined 14 percent final year to $423,923 as Berkshire Hathaway spent reduction on his security, though his income remained unvaried during $100,000.

Buffett’s income for heading Berkshire as authority and arch executive hasn’t altered in some-more than 25 years. The $323,923 for confidence was a usually other component of Buffett’s 2012 remuneration since a billionaire foregoes standard executive perks.

Buffett again paid Berkshire $50,000 to repay a Omaha-based association for any personal costs.

The substitute matter Berkshire mailed to shareholders this week also showed that Chief Financial Officer Marc Hamburg is paid significantly some-more than

Article source: http://www.wxow.com/story/21644375/buffett-gives-exec-raise-while-his-pay-stays-same

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