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Buffett's Pay Rises; Berkshire Urges Rejection Of Shareholder Proposals

FYI: Warren Buffett's compensation for running Berkshire Hathaway Inc (BRKa.N) edged up 4.0 percent last year to $487,881 reflecting the higher cost of keeping the world's second-richest person safe.

Buffett's pay was disclosed in a Friday regulatory filing, in which Berkshire also recommended the rejection of three shareholder proposals at its May 6 annual meeting, including that it disclose its political contributions twice a year.

Berkshire said Buffett's salary in 2016 was $100,000, the same amount he has received for more than a quarter century, while the cost of providing him with home and personal security services rose to $387,881 last year from $370,244.
Regards,
Ted
http://www.reuters.com/article/us-berkshire-buffett-pay-idUSKBN16O2SW
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