Greg Abel, chairman and CEO of Berkshire Hathaway's energy unit. (AP Photo/Nati Harnik)

(Bloomberg) — Greg Abel, the chairman and chief executive officer of Berkshire Hathaway Inc.’s energy unit, saw his pay more than double last year to $27.6 million, driven by a cash payout under an incentive plan established six years ago.

The package included $1 million in salary, an $11.5 million bonus and an additional $12 million under the incentive program, according to a regulatory filing Monday from the unit of Omaha, Nebraska-based Berkshire. Abel’s pay in 2013 was $10.7 million. The incentive plan provides an award for meeting profit targets.

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