Martin Small to Succeed Gary Shedlin as BlackRock CFO in 2023
03 Outubro 2022 - 9:00AM
Business Wire
BlackRock, Inc. (NYSE: BLK) announced today that Martin Small
will succeed Gary S. Shedlin as Chief Financial Officer in
2023.
Mr. Shedlin will transition his CFO responsibilities after the
firm completes its 2022 financial reporting processes, which is
anticipated to be on or about March 1, 2023, and will take on a new
role as Vice Chairman working directly with key strategic clients
of the firm. Mr. Small, Head of BlackRock’s U.S. Wealth Advisory
business, will work with Mr. Shedlin in the interim to assure a
smooth transition.
“Gary has been involved with – and a friend of – BlackRock for
many years: first as our outside financial advisor and for the past
decade as our CFO,” said Laurence D. Fink, BlackRock Chairman and
CEO. “As an investment banker, he played a key role in our most
transformational transactions. And as CFO, Gary has helped lead
BlackRock through a crucial decade of the firm’s history. We are
lucky that he will continue to play a vital role with the firm –
now working more closely with clients who can benefit from his deep
experience and strategic insight.”
Mr. Shedlin joined BlackRock in 2013 after serving as a
long-time strategic advisor to the firm during his 25-year career
as an investment banker advising companies in the financial
services industry.
Mr. Small brings deep knowledge of BlackRock to the CFO role. As
the head of the U.S. Wealth Advisory business the past four years,
he has vastly expanded BlackRock’s capabilities for wealth clients.
He previously served as head of iShares in the U.S. and Canada and
in leadership roles for BlackRock’s Financial Markets Advisory
unit. Mr. Small joined BlackRock in 2006 in its Legal &
Compliance team after serving as a capital markets investment
management and transactional associate for the law firm Davis
Polk.
“Martin has had a truly ‘One BlackRock’ career at the firm,
working across a diverse mix of teams that give him a broad and
deep knowledge of the firm and our people,” said Mr. Fink. “As
Martin steps into this new role as CFO, BlackRock and our
shareholders will benefit from his broad understanding of the firm,
sharp intellect and years of experience working with our clients in
charting the path forward.”
About BlackRock
BlackRock’s purpose is to help more and more people experience
financial well-being. As a fiduciary to investors and a leading
provider of financial technology, we help millions of people build
savings that serve them throughout their lives by making investing
easier and more affordable. For additional information on
BlackRock, please visit www.blackrock.com/corporate.
Forward-Looking Statements
This release, and other statements that BlackRock may make, may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act, with respect to
BlackRock’s future financial or business performance, strategies or
expectations.
BlackRock cautions that forward-looking statements are subject
to numerous assumptions, risks and uncertainties, which change over
time. Forward-looking statements speak only as of the date they are
made, and BlackRock assumes no duty to and does not undertake to
update forward-looking statements. Actual results could differ
materially from those anticipated in forward-looking statements and
future results could differ materially from historical
performance.
Factors that can cause results to differ, as well as additional
factors that can affect forward-looking statements, are discussed
in BlackRock’s Annual Report on Form 10-K and Quarterly Reports on
Form 10-Q, accessible on the SEC’s website at www.sec.gov and on
BlackRock’s website at www.blackrock.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221003005544/en/
Investor Relations Caroline Rodda 212-810-3442
caroline.rodda@blackrock.com
Media Relations Brian Beades 212-810-5596
brian.beades@blackrock.com
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