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Ted Weschler

Ted Weschler

Investment Manager, Berkshire Hathaway

Appears in 1 story

Notable Quotes

Coverage notes that Combs and Weschler were “once expected to take over the company’s equity portfolio,” but Buffett later said Abel could handle it. ([reuters.com](https://www.reuters.com/business/finance/jpmorgan-names-berkshires-todd-combs-lead-new-investment-initiative-2025-12-08/))

Stories

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

Money Moves

Remaining investment manager as Combs departs; future remit under Abel unclear

Berkshire Hathaway is executing a leadership transition as Warren Buffett hands the CEO role to Greg Abel on January 1, 2026. The transition includes a CFO succession plan, a new in-house general counsel, and a new GEICO CEO. JPMorgan Chase is launching a $1.5 trillion, decade-long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries.

Updated 6 days ago