Todd Combs Leaves Berkshire Hathaway for JPMorgan
Update: 2025-12-08
Description
Todd Combs, a prominent investment manager for Warren Buffett and CEO of GEICO, is leaving Berkshire Hathaway to join JPMorgan Chase as head of a new investment group. This move is part of a larger shake-up at both companies. Combs will report directly to JPMorgan CEO Jamie Dimon and serve as a special advisor. The new investment group is part of JPMorgans security and resilience initiative, a $1.5 trillion commitment to strengthen Americas interests in areas like supply chains and technology. Berkshire Hathaway is also experiencing executive changes, with Nancy Pierce taking over as GEICO CEO and Marc Hamburg planning to retire as CFO.
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