Berkshire reshuffles top ranks as Greg Abel prepares to succeed Warren Buffett

Berkshire Hathaway is undergoing a significant management overhaul as Greg Abel prepares to succeed Warren Buffett as CEO. Key investment manager Todd Combs is departing for JPMorgan Chase, while Marc Hamburg, the veteran finance chief, will retire in 2027, with Charles Chang set to take over. These changes signal a new era for Berkshire’s leadership and investment strategy.