OMAHA, Neb. (AP) — None of Berkshire Hathaway's top executivesreceived big raises last year, and the chief financial officerearned nearly twice as much as his more famous boss, WarrenBuffett.

But that's exactly as Buffett wishes, and is typical for thecompany's compensation plan.

The chairman and chief executive of the Omaha, Neb.-basedcompany has for more than 25 years insisted that his salary remainat $100,000, and the 1 percent increase in his $524,946 totalcompensation came from his security costs.

Berkshire's CFO Marc Hamburg compensation grew 6 percent to$924,750 in 2010.

Buffett favors simple compensation arrangements with incentivestied to things that executives can control.

Many items The Associated Press routinely includes in itsexecutive compensation calculations don't exist at Berkshire,including bonuses, performance-related bonuses, above-marketreturns on deferred compensation and the estimated value of stockoptions and awards granted during the year.

The proxy Berkshire filed Friday also revealed a shareholderproposal that would require the company to establish goals forreducing greenhouse gas emissions at the utilities it owns throughits MidAmerican Energy subsidiary.

The board, which owns enough Berkshire stock to control 38percent of the voting power, opposes the proposal.

“Establishing such reduction goals at this time as additionalEPA regulation of greenhouse gases are being developed would becontrary to the responsibilities of our rate-regulated utilitiesand to our customers whose utility bills could be dramaticallyaffected,” Berkshire's board said in the proxy statement.

Shareholder Emily Coward, who owns 62 Class A shares, said shebelieves Berkshire would be wise to act now instead of waiting forregulations.

“Most independent economists and scientists conclude that thecost of reducing greenhouse gas emissions now, is far lower thanthe costs of mitigating greenhouse gas-caused damage later,” Cowardsaid in the filing. “In this regard, we believe that long-termBerkshire shareholders are best served by present action.”

No one answered a number listed for Coward on Fridaymorning.

Berkshire officials did not immediately respond to a messageseeking comment.

The biggest piece of Buffett's compensation is the amount thecompany spent on personal and home security for him. Those securitycosts increased slightly to $349,946 in 2010 from $344,490 theprevious year.

Berkshire's board said in the proxy that part of why Buffett'ssecurity expenses appear large is that the company doesn't maintaina security force at its 21-person headquarters in Omaha, so thecharges are considered a perk.

Berkshire's profits grew significantly in 2010 thanks to theacquisition of Burlington Northern Santa Fe railroad, betterresults at Berkshire's other subsidiaries and a $1.9 billion papergain on investments and derivatives. The company said last monththat its 2010 net income jumped 61 percent to $12.97 billion onrevenue of $136.2 billion.

In just the fourth quarter, Berkshire's net income grew 43percent to $4.38 billion on revenue of $36.2 billion.

Buffett again received $75,000 in director's fees from theWashington Post Co., which Berkshire discloses because it holds asignificant stake in the company. But Buffett announced in Januarythat he plans to leave the Washington Post's board when his termexpires in May, so that director pay will be eliminated.

Berkshire Vice Chairman Charlie Munger's compensation remainedunchanged in 2010. Munger, who runs Berkshire's Wesco Financialunit, received only a $100,000 salary — the same as Buffett's.Berkshire is in the process of acquiring the 19.9 percent of Wescoshares it doesn't already own to make the Pasadena, Calif., companya wholly owned subsidiary.

Both Buffett and Munger reimbursed Berkshire again last year tocover any personal costs, such as postage or calls the company mayhave paid for. Buffett paid the company $50,000, and Mungerreimbursed Berkshire $5,500.

Berkshire owns roughly 80 subsidiaries, including clothing,furniture, jewelry and corporate jet firms, but its insurance andutility businesses typically account for more than half of thecompany's net income. It also has major investments in suchcompanies as Coca-Cola Co. and Wells Fargo & Co.