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Marc D. Hamburg

Marc D. Hamburg

Senior Vice President and Chief Financial Officer, Berkshire Hathaway

Appears in 1 story

Stories

Berkshire’s post–Buffett shake–up meets JPMorgan’s $1.5 trillion security bet

Money Moves

CFO through June 1, 2027, with succession to Charles Chang beginning June 1, 2026

Berkshire Hathaway is executing its most consequential leadership transition in six decades as Warren Buffett prepares to hand the CEO role to Greg Abel on January 1, 2026, backed by a broader reshuffle that maps out CFO succession, installs the conglomerate’s first in‑house general counsel, and names a new CEO at GEICO. At the same time, JPMorgan Chase is launching a $1.5 trillion, decade‑long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries, and has recruited Berkshire investment manager and GEICO CEO Todd Combs to lead its strategic investment group at the heart of that effort.

Updated Dec 11, 2025