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Berkshire Hathaway Inc. announced a handful of leadership changes including the retirement of its longtime chief financial officer, as the $1 trillion conglomerate prepares for the retirement of Warren Buffett.
Marc Hamburg will end his 40-year tenure at the firm in 2027 and hand over his role as chief financial officer next year to Charles Chang, according to a statement Monday. Separately, Nancy Pierce will become CEO of Geico, filling a spot held by Todd Combs, a Berkshire investment manager who is leaving to take a job at JPMorgan Chase & Co. Bloomberg’s Matthew Palazola joins to discuss with Paul Sweeney and Scarlet Fu (Source: Bloomberg)
Marc Hamburg will end his 40-year tenure at the firm in 2027 and hand over his role as chief financial officer next year to Charles Chang, according to a statement Monday. Separately, Nancy Pierce will become CEO of Geico, filling a spot held by Todd Combs, a Berkshire investment manager who is leaving to take a job at JPMorgan Chase & Co. Bloomberg’s Matthew Palazola joins to discuss with Paul Sweeney and Scarlet Fu (Source: Bloomberg)
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