Ajit Jain

Money Moves

Continuing in insurance role; on stage with Abel at 2026 meeting

Greg Abel's first major move as Berkshire Hathaway's chief executive came May 31: a $8.5 billion agreement to buy homebuilder Taylor Morrison. The deal consolidates Berkshire's site-built housing operations into a single national platform, adding Taylor Morrison's 350 communities across 12 states.

Updated Jun 1

Money Moves

Overseeing insurance businesses during leadership transition at GEICO and Berkshire

Berkshire Hathaway is executing a leadership transition as Warren Buffett hands the CEO role to Greg Abel on January 1, 2026. The transition includes a CFO succession plan, a new in-house general counsel, and a new GEICO CEO. JPMorgan Chase is launching a $1.5 trillion, decade-long Security and Resiliency Initiative (SRI) to finance and invest in U.S. critical industries.

Updated May 10