OMAHA, Nebraska AP – Warren Buffett brought home less pay than Berkshire Hathaway’s chief financial officer again last year, but the company is paying more to protect the billionaire these days.
Buffett, chairman and chief executive of the Omaha, Nebraska-based company, received $519,490 total compensation in 2009, an increase of 6 percent, according the proxy statement mailed to shareholders this week. The reason Buffett’s compensation grew is Berkshire spent $28,781 more on his security.