UPDATE 1-PNC Chairman Rohr to leave BlackRock board-filing
Sept 13 (Reuters) - PNC Financial Services Group Inc Executive Chairman James Rohr will not be seeking re-election to the board of New York-based asset manager BlackRock next year, the company said in a regulatory filing on Friday.
PNC, BlackRock's largest shareholder, owned a 21 percent stake in the company at the end of June. BlackRock spokesman Brian Beades declined to comment on the filing.
Rohr, 64, who plans to step down as chairman of PNC next year and also leave the bank's board, was elected to General Electric Co's board of directors on Friday.
Shares of BlackRock, the world's largest money manager, closed up 0.9 percent at $264.63 on the New York Stock Exchange.
- Target holiday cyber breach hits 40 million payment cards
- Housing, jobs data weaken, but overall economic picture still upbeat
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion
- Special Report: Why Ukraine spurned the EU and embraced Russia