Berkshire Hathaway Inc , run by billionaire Warren Buffett, on Friday urged shareholders to reject proposals that it avoid discussing hot-button social and political issues, and competing proposals that it disclose more about its climate change and diversity efforts.
Berkshire Hathaway CEO Warren Buffett rides on a golf cart through the exhibition hall as investors and guests arrive for the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 29, 2022.
It also said Buffett received $401,589 in compensation for 2022, up 8% from 2021, comprising his usual $100,000 salary plus personal and home security. In opposing the proposal, Berkshire said its decentralized structure lets those units operate with minimal involvement from Buffett and his top lieutenants, and it was "inconsistent with Berkshire's culture" to dictate what not to say.
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