Sept 13 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.