State filings from Berkshire Hathaway have revealed the salaries of some of Berkshire Hathaway's senior staff in 2011.
According to Bloomberg, Berkshire handed a $17.4m payout to Thomas P. Nerney, CEO of its United States Liability Insurance Group, in 2011, while Geico Corporation CEO Tony Nicely received $12.4m and Ajit Jain, head of the National Indemnity Company, received $9.3m. That equates to an 11% decrease for Nerney, a 7.7% rise for Geico and a 6.1% increase for Jain. Buffett's own base salary remained at $100,000, though his holding in Berkshire is valued at over $40bn and his overall compensation includes almost $350,000 worth of "personal and home security". The company's statements show...
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