Berkshire Hathaway Inc. (NYSE:BRK.B) unveiled a series of organizational changes as longtime chief executive Warren Buffett approaches his planned departure at the end of 2025.
One of the most notable updates is the upcoming exit of Todd Combs, who has been both an investment manager at Berkshire and the CEO of GEICO. Combs will depart to take on a new role at JPMorgan Chase, where he already sits on the company’s board.
These developments come as Berkshire continues preparing for its next chapter under Greg Abel, who is set to assume the CEO position in 2026 following Buffett’s transition.