Abel starts Berkshire leadership reshuffle as he prepares to succeed Buffett

• Incoming Berkshire Hathaway CEO Greg Abel is initiating a leadership reshuffle following recent senior departures.
• Todd Combs, an investment manager, and Marc Hamburg, CFO, are leaving Berkshire Hathaway.
• Combs will join JPMorgan as a special advisor to CEO Jamie Dimon, helping to invest $10 billion.
• Abel has promoted NetJets CEO Adam Johnson to oversee Berkshire's consumer, service, and retail businesses.
• Abel will be responsible for stock-picking, acquisitions, capital deployment, and overseeing operations.

Why It Matters: New CEO Greg Abel's leadership changes signal Berkshire Hathaway's future direction.