Warren Buffett, Berkshire Hathaway
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Incoming Berkshire Hathaway CEO Greg Abel is assembling his team to help him lead the conglomerate Warren Buffett built starting in January after a couple of key departures.
Wall Street got a taste of that turnover on Monday, with Berkshire’s BRK.B BRK.A announcement that Todd Combs, the Geico chief executive and one of Buffett’s key stock pickers, was leaving for JPMorgan Chase JPM. Longtime CFO Marc Hamburg is also departing and will step down on June 1, 2026.
A top lieutenant is departing for a role at JPMorgan Chase as Greg Abel takes over as CEO, and CFO Marc Hamburg will step down from his role in June.