Berkshire Hathaway Announces Leadership Changes As Warren Buffett Prepares To Step Down - video Dailymotion

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2 days ago

Berkshire announced a major executive reshuffle as Buffett prepares to step aside, including Todd Combs leaving for JPMorgan, new leadership at Geico, and expanded roles for Greg Abel and Adam Johnson across Berkshire’s non-insurance units.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:03Berkshire Hathaway announced leadership changes as Buffett prepares to step aside at the end of

00:07this year, according to CNBC. Todd Combs resigned as investment officer and Geico CEO to join J.P.

00:13Morgan as head of its new security and resiliency initiative, where he will deploy $10 billion and

00:18advise CEO Jamie Dimon. Berkshire said Nancy Pierce will become Geico's CEO and Charles

00:24Chang will replace longtime CFO Mark Hamburg when he retires in June 2027. NetJet's CEO Adam Johnson

00:31will become president of Berkshire's consumer products, service, and retailing businesses,

00:35while Greg Abel will oversee the remaining non-insurance units.

00:39For all things money, visit Benzinga.com.

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