Todd Combs

Todd Combs
Born Todd Anthony Combs
(1971-01-27) January 27, 1971
Sarasota, Florida, U.S.
Alma mater Florida State University
Columbia Business School

Todd Anthony Combs (born January 27, 1971) is an American hedge fund manager and businessman, who has been tapped as a potential successor of Warren Buffett as the chief investment officer of Berkshire Hathaway. He is a board member of JPMorgan Chase.

Early life and education

Todd Anthony Combs was born and raised in Sarasota, Florida. He is a 1993 graduate of Florida State University, with degrees in finance and multinational business operations. Combs later attended Columbia Business School in New York City, graduating in 2002.[1][2]

Professional career

Before going into the hedge-fund world, Combs worked for a time as a Florida bank regulator and also in the pricing department of Progressive Insurance.[1] In 2005, Combs launched a hedge fund called Castle Point Capital, based in Greenwich, Connecticut. He was Chief Executive Officer and Director of Castle Point from 2005 to 2010. During that time, the returns of Combs's firm were a cumulative 34%, according to an investor.[3] In October 2010, the Wall Street Journal reported that Buffett had tapped Combs to eventually replace him as the chief investment officer of Berkshire Hathaway.[1]

In September 2016, Combs joined the board of U.S. bank JPMorgan Chase.[4]

References

  1. 1 2 3 Susan Pulliam; Serena Ng (28 October 2010). "Buffett Flags a Successor". Wall Street Journal. Retrieved 27 October 2010.
  2. ↑ http://www.mbamission.com/blog/2010/10/27/mba-news-cbs-%E2%80%9902-grad-to-manage-berkshire%E2%80%99s-billions/
  3. ↑ Serena Ng; Susan Pulliam; Gregory Zuckerman (28 October 2010). "Buffett: Combs Is 'a 100% Fit'". Wall Street Journal. Retrieved 27 October 2010.
  4. ↑ CNBC (2016-09-20). "JPMorgan names Warren Buffett investment lieutenant to board". CNBC. Retrieved 2016-09-20.

Further reading

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