Berkshire Hathaway overhauls insurance leadership, Nancy Pierce named GEICO CEO

Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has named Nancy L. Pierce as Chief Executive Officer (CEO) of GEICO, effective immediately.She currently serves as Chief Operating Officer of GEICO and, since joining the company in 1986, has held leadership roles across claims, underwriting, product management and regional operations.Ajit Jain, Vice Chairman – Insurance Operations, commented, “Nancy knows the business inside and out. She’s practical, decisive and focused on result ...