Berkshire Hathaway names Charles C. Chang CFO, succeeding Marc Hamburg on June 1, 2026
Berkshire Hathaway said Charles C. Chang will succeed Marc D. Hamburg as chief financial officer on June 1, 2026, with an annual cash salary of $8 million. The filing also covers a May 2, 2026 annual meeting, where shareholders approved executive pay and rejected a shareholder proposal on workforce oversight, and a May 3, 2026 bylaw update; the 8-K itself does not report first-quarter earnings figures.
Key points
- Charles C. Chang succeeds Marc D. Hamburg as CFO on June 1, 2026, at an annual cash salary of $8 million.
- Berkshire estimates the cost of Hamburg's NetJets flight benefit at about $490,000 per year, for up to 30 flight hours a year through May 31, 2037.
- Advisory say-on-pay vote: 403,351 for and 30,251 against at the May 2, 2026 annual meeting.
- Shareholder proposal on workforce and human-capital oversight: 65,023 for and 367,387 against, so it did not pass.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.