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The billionaire left the world guessing on Saturday by reiterating that the Omaha, Neb.-based companys board has the right person for the job without identifying the executive in the document.
The billionaire left the world guessing on Saturday by reiterating that the Omaha, Neb.-based companys board has the right person for the job without identifying the executive in the document.
Greg Abel, the chairman and CEO of Berkshire Hathaways energy unit, saw his pay more than double last year to $27.6 million, driven by a cash payout under an incentive plan established six years ago.
The combative former chief executive officer of American International Group led the insurer, once the worlds largest, to repay a $182.3 billion taxpayer bailout.
State Farm Mutual Automobile Insurance Co., the largest U.S. property-casualty insurer, said 2014 profit fell 19 percent as the underwriting loss widened on car coverage.
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