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Business
fromFortune
1 week ago

How Warren Buffett's Geico fell behind Progressive in the auto-insurance race | Fortune

Warren Buffett underinvested in technology across Berkshire Hathaway's operating subsidiaries, harming long-term business value and allowing technologically savvy rivals to gain advantage.
Business
fromBusiness Insider
4 weeks ago

Read Todd Combs' goodbye letter to Geico employees after he quit Berkshire Hathaway to join JPMorgan

Geico's CEO is leaving to join JPMorgan as head of its $10B Strategic Investment Group and to advise JPMorgan CEO Jamie Dimon.
Business
fromBusiness Insider
1 month ago

Meet the new leaders who'll be stepping up at Greg Abel's Berkshire Hathaway

Berkshire Hathaway promoted Nancy Pierce to Geico CEO and named new leaders as part of a management reshuffle before Greg Abel becomes CEO in January.
Business
fromBusiness Insider
1 month ago

A longtime Warren Buffett deputy is leaving to join JPMorgan

Todd Combs, CEO of Geico and one of Buffett's investment managers, is leaving Berkshire Hathaway to lead JPMorgan's $10 billion Strategic Investment Group.
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