Berkshire Hathaway Announces Leadership Appointments: New CEO at GEICO

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  "company": {
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    "domain": "berkshirehathaway.com"
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  "data": {
    "url": "https://www.carriermanagement.com/news/2025/12/08/282126.htm",
    "title": "Berkshire Hathaway Announces Leadership Appointments: New CEO at GEICO",
    "contact": "Michael O'Sullivan",
    "excerpt": "Berkshire Hathaway announces leadership appointments: new CEO at GEICO.\n\nBerkshire Hathaway announced that Nancy L. Pierce has been appointed Chief Executive Officer of GEICO, effective immediately. Pierce currently serves as Chief Operating Officer of GEICO and, since joining the company in 1986, has held leadership roles across claims, underwriting, product management and regional operations.\n\n\"Nancy knows the business inside and out. She's practical, decisive and focused on results. I have full confidence in her ability to move GEICO forward,\" said Ajit Jain, Vice Chairman - Insurance Operations, in a statement.\n\nAs part of this transition, Todd A. Combs will conclude his tenure at Berkshire Hathaway and join JPMorgan Chase & Co., where he has served as a director of its board since 2016.\n\nWarren E. Buffett, Berkshire's Chairman, added: \"Todd A. Combs, CEO of GEICO since 2020, has resigned to accept an interesting and important job at JPMorgan, which they describe in a press release that will be available very soon on their website. Todd made many great hires at GEICO and broadened its horizons. JPMorgan, as usually is the case, has made a good decision.\"\n\nBerkshire Hathaway also announced that Marc D. Hamburg, Senior Vice President and Chief Financial Officer, will retire from the company on June 1, 2027, after 40 years of service.\n\n\"Marc has been indispensable to...",
    "summary": "Berkshire Hathaway hired Michael O'Sullivan as general counsel on Jul 1st '17.",
    "category": "hires",
    "found_at": "2025-12-08T14:35:54Z",
    "planning": false,
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    "published_at": "2025-12-08T14:35:54Z",
    "effective_date": "2017-07-01",
    "article_sentence": "O'Sullivan joins Berkshire Hathaway from Snap Inc., where he has served as general counsel since 2017."
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