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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Baybrooke ✶  😊 😞
Number: of 19824 
Subject: Re: Hopes, for Greg’s first letter?
Date: 02/28/26 2:04 PM
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no sort of "we thank Todd for his service, both in investing decisions and turning around Geico, and hope we'll be able to do business in the future".
Great point on Todd not being mentioned or thanked.

Todd's departure was nicely publicly acknowledged by Warren in the December press release. It's okay if Greg didn't do it again in the annual letter. Below implies he left in good standing and by extension doing business in the future is an option.

As 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. Warren 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.”

https://www.berkshirehathaway.com/news/dec0825.pdf
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