Warren Buffett Expects Todd Combs to Run Geico Unit Only Temporarily
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Warren Buffett doesn’t expect Todd Combs, one of his two key investing deputies, to be at auto insurer Geico long.
Buffett’s Berkshire Hathaway Inc. tapped Combs in December to become chief executive officer of its Geico unit. He replaced Bill Roberts, who became vice chairman and said he plans to leave the company by the end of 2020. Combs, 49, is the insurer’s third CEO in the past several years.