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Home / Business and Economy / Buffett's Heir Apparent Loses Key Aide

Buffett's Heir Apparent Loses Key Aide

8 Dec

•

Summary

  • Todd Combs departs Berkshire Hathaway for JPMorgan Chase.
  • Combs previously served as investment officer and GEICO CEO.
  • Greg Abel is set to succeed Warren Buffett as CEO in 2026.
Buffett's Heir Apparent Loses Key Aide

Berkshire Hathaway is undergoing significant structural adjustments as its legendary CEO, Warren Buffett, gears up for his retirement at the close of 2025. A notable change includes the departure of Todd Combs, who has been instrumental as an investment officer and the chief executive of GEICO.

Combs is moving to JPMorgan Chase to assume a new position, a move that comes as he already maintains a seat on the bank's board of directors. This transition marks a shift for one of Berkshire's key figures.

The announcements coincide with the final preparations for Greg Abel to assume the role of CEO for the vast conglomerate. Abel is scheduled to take the helm in 2026, succeeding Buffett's long-standing leadership.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Greg Abel is slated to become the new CEO of Berkshire Hathaway in 2026.
Key personnel changes are occurring, including the departure of investment officer Todd Combs.
Todd Combs is moving to JPMorgan Chase to take on a new role.

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