People: BlackRock Inc (BLK)

BLK on New York Consolidated

290.95USD
17 May 2013
Price Change (% chg)

$5.54 (+1.94%)
Prev Close
$285.41
Open
$287.10
Day's High
$291.21
Day's Low
$286.70
Volume
567,006
Avg. Vol
736,823
52-wk High
$291.21
52-wk Low
$160.25

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Summary

Name Age Since Current Position

Laurence Fink

59 1998 Chairman of the Board, Chief Executive Officer

Robert Kapito

55 2007 Vice Chairman of the Board, President

Kendrick Wilson

65 2010 Vice Chairman

Gary Shedlin

49 2013 Chief Financial Officer, Senior Managing Director

Charles Hallac

47 2010 Chief Operating Officer, Senior Managing Director

Bennett Golub

54 2009 Chief Risk Officer, Senior Managing Director

Matthew Mallow

2012 General Counsel, Senior Managing Director

N. James Charrington

59 2010 Senior Managing Director, Chairman, Europe, Middle East and Africa

Robert Fairbairn

46 2010 Senior Managing Director, Head - Global Client Group

J. Richard Kushel

45 2010 Senior Managing Director, Head - Portfolio Management Group

Mark McCombe

45 2012 Senior Managing Director, Chairman, Asia Pacific

Ann Petach

51 2013 Senior Managing Director - Client Solutions Business of BlackRock Solutions

Linda Robinson

2011 Senior Managing Director, Global Head - Marketing and Communications

Jeffrey Smith

41 2010 Senior Managing Director, Head - Human Resources

Thomas O'Brien

75 2010 Lead Independent Director

William Demchak

50 2003 Director

Thomas Montag

56 2011 Director

James Rohr

64 1999 Director

Susan Wagner

49 2012 Director

Abdlatif Yousef Al-Hamad

74 2009 Independent Director

Mathis Cabiallavetta

68 2007 Independent Director

Dennis Dammerman

2005 Independent Director

Jessica Einhorn

65 2012 Independent Director

Fabrizio Freda

55 2012 Independent Director

Murry Gerber

60 2000 Independent Director

James Grosfeld

75 1999 Independent Director

David Komansky

2003 Independent Director

Deryck Maughan

65 2006 Independent Director

Ivan Seidenberg

65 2011 Independent Director

Marco Antonio Slim Domit

44 2011 Independent Director

John Varley

56 2011 Independent Director

Biographies

Name Description

Laurence Fink

Mr. Laurence D. Fink is Chairman of the Board, Chief Executive Officer of BlackRock Inc., since 1998. He has been Chairman and Chief Executive Officer of BlackRock’s predecessor entities since 1988. Mr. Fink also leads BlackRock’s Global Executive Committee and is a trustee of one of BlackRock’s open-end fund complexes.

Robert Kapito

Mr. Robert S. Kapito is Vice Chairman of the Board, President of BlackRock Inc. He is Director since 2006, has been President of BlackRock since 2007, and prior to 2007 had served as Vice Chairman of BlackRock and Head of its Portfolio Management Group since its formation in 1998 and BlackRock’s predecessor entities since 1988.

Kendrick Wilson

Mr. Kendrick R. Wilson, III, is Vice Chairman of Blackrock Inc., since 2010. Mr. Wilson is also a member of the Global Executive Committee of BlackRock. Mr. Wilson is the Chairman of BlackRock Alternative Investors and Chairs the Human Capital Committee of BlackRock. Prior to joining BlackRock in 2010, Mr. Wilson served as an advisor in the U.S. Department of Treasury from 2008 to 2009. Previously, Mr. Wilson was Vice Chairman of Investment Banking at Goldman Sachs & Co., where he also served as a member of the Executive Office and Chairman of the Financial Institutions Group. Prior to joining Goldman Sachs in 1998, Mr. Wilson was a Vice Chairman, member of the Executive Committee and Head of Investment Banking at Lazard Freres & Co. LLC.

Gary Shedlin

Mr. Gary S. Shedlin has been appointed as Chief Financial Officer, Senior Managing Director of BlackRock, Inc., effective as of May 9, 2013. Mr. Shedlin has advised companies in the financial services sector for more than 25 years and joins the Company from Morgan Stanley, where he is Vice Chairman, Investment Banking and a Managing Director in the Financial Institutions Group. Prior to joining Morgan Stanley in June 2010, Mr. Shedlin worked at Citigroup from October 2004 to June 2010, where he most recently served as Chairman of the Financial Institutions Group. Mr. Shedlin also worked at Lazard from 1990 to 2004, where he served as Managing Director and Co-Head of the Financial Institutions Group prior to joining Citigroup.

Charles Hallac

Mr. Charles S. Hallac is Chief Operating Officer, Senior Managing Director of BlackRock Inc., since 2010. Mr. Hallac is also a member of the Global Executive Committee of BlackRock. Previously, Mr. Hallac was a Managing Director and Head of BlackRock Solutions. Mr. Hallac has been with BlackRock or its predecessor entities since 1988.

Bennett Golub

Dr. Bennett W. Golub, Ph.D., is Chief Risk Officer, Senior Managing Director of Blackrock Inc., since 2009. Dr. Golub is also a member of the Global Executive Committee, and is the co-chair of the Corporate Risk Management and New Products Operating Committees of BlackRock. Since 2004, Dr. Golub has served as the co-head of the Risk & Quantitative Analysis Group of BlackRock. Dr. Golub has been with BlackRock or its predecessor entities since 1988.

Matthew Mallow

Mr. Matthew J. Mallow has been appointed as General Counsel, Senior Managing Director of BlackRock Inc., since January 2012. Mr. Mallow is also a member of the Global Executive Committee of BlackRock. Prior to being named General Counsel, Mr. Mallow served as a senior advisor to BlackRock’s Legal and Compliance Department since June 2010. Previously, Mr. Mallow was a partner at Skadden, Arps, Slate, Meagher & Flom LLP from 1982 to 2010 where he served as the head of the Corporate Finance Department.

N. James Charrington

Mr. N. James Charrington is Senior Managing Director, Chairman, Europe, Middle East and Africa of Blackrock Inc., since 2010. Mr. Charrington is also a member of the Global Executive Committee of BlackRock. Prior to moving to his current role in 2010, Mr. Charrington was the head of BlackRock’s International Retail platform. Prior to joining BlackRock in 2006, Mr. Charrington was the head of retail platform for the EMEA region of Merrill Lynch Investment Managers (“MLIM”), and prior to that with Mercury Asset Management (“MAM”). Prior to joining MAM in 1993, Mr. Charrington was head of investment sales for Save & Prosper.

Robert Fairbairn

Mr. Robert W. Fairbairn is Senior Managing Director, Head - Global Client Group of Blackrock Inc. He has been Head of the Global Client Group of BlackRock since 2009. Mr. Fairbairn is also a member of the Global Executive Committee of BlackRock. Mr. Fairbairn was Vice Chairman and Chairman of EMEA and Australia of BlackRock from 2006 to 2009. Prior to joining BlackRock in 2006, Mr. Fairbairn was Senior Vice President of Merrill Lynch from January 2006 to October 2006 and Head of MLIM’s EMEA Pacific region from May 2005 to October 2006. Mr. Fairbairn was appointed Head of MLIM’s EMEA Sales Division in 1999 and appointed Chief Operating Officer of MLIM’s EMEA Pacific region in 2001. Prior to joining MLIM, Mr. Fairbairn worked for the Asset Management Divisions of Lazard and GT Management.

J. Richard Kushel

Mr. J. Richard Kushel is Senior Managing Director, Head - Portfolio Management Group of BlackRock Inc., since 2010. Mr. Kushel is also a member of the Global Executive Committee of BlackRock. Previously, Mr. Kushel was Chairman of BlackRock’s International platform. Prior to that, Mr. Kushel headed BlackRock’s International Institutional platform and BlackRock’s Alternatives and Wealth Management Groups. Prior to joining BlackRock in 1991, Mr. Kushel was an associate in the Financial Institutions Group at Prudential Securities.

Mark McCombe

Mr. Mark Seumas McCombe, OBE, is Senior Managing Director, Chairman, Asia Pacific of BlackRock Inc., since 2012. Mr. McCombe is also a member of the Global Executive Committee of BlackRock. Before joining BlackRock, Mr. McCombe served as Chief Executive Officer in Hong Kong for The Hong Kong and Shanghai Banking Corporation Limited from 2010 to 2011. He was also a Group General Manager of HSBC plc, Non-Executive Director of Hang Seng Bank Ltd., and a Chairman of HSBC Global Asset Management (HK) Ltd. Prior to 2010, Mr. McCombe was based in London where he was Chief Executive of HSBC Global Asset Management from 2007 to 2010, responsible for all of HSBC’s fund management businesses, including the real estate and private equity businesses. Before that, Mr. McCombe was Chief Executive Officer of HSBC Private Bank (UK) Ltd. from 2005 to 2007. Between 1990 and 2005, Mr. McCombe lived and worked in France, Turkey, the United States, Japan and the Middle East, in a variety of roles in financial services.

Ann Petach

Ms. Ann Marie Petach has been appointed as Senior Managing Director - Client Solutions Business of BlackRock Solutions of BlackRock Inc., with effect from May 9, 2013. She served as Chief Financial Officer, Senior Managing Director of the Company. She had been Chief Financial Officer of BlackRock since 2008. Ms. Petach is also a member of the Global Executive Committee of BlackRock. Ms. Petach was a Managing Director and Head of Business Finance at BlackRock from 2007 to 2008. Prior to joining BlackRock, Ms. Petach was Vice President and Treasurer at the Ford Motor Company from 2004 to 2007. Ms. Petach began her career in 1984 at Ford, where her responsibilities included pension asset management, actuarial studies, banking, risk management and funding for Ford and Ford Credit.

Linda Robinson

Ms. Linda Gosden Robinson has been appointed as Senior Managing Director and Global Head - Marketing and Communications of BlackRock Inc., since May 2011. Ms. Robinson was a member of BlackRock’s Board of Directors from 2004 to 2011. Ms. Robinson was the Chairman of Robinson Lerer & Montgomery, LLC, a strategic communications consulting firm from 1996 to 2011. Ms. Robinson was Chief Executive Officer of Robinson Lerer & Montgomery from 1996 until 2002. In 2000, Robinson Lerer & Montgomery was acquired by Young & Rubicam Inc. (“Y&R”), and in that same year, Y&R was acquired by WPP Group plc. Prior to 1996, Ms. Robinson was the Chairman of the Board and Chief Executive Officer of Robinson Lerer Sawyer Miller Group or its predecessors. Ms. Robinson was also a director of Revlon, Inc. from 1996 to 2008.

Jeffrey Smith

Dr. Jeffrey A. Smith, Ph.D., is Senior Managing Director, Head - Human Resources of Blackrock Inc. He has been Head of Human Resources of BlackRock since 2009. Dr. Smith is also a member of the Global Executive Committee of BlackRock. Prior to joining BlackRock in 2009, Dr. Smith was the global head of human resources of BGI since 2007. Prior to joining BGI, Dr. Smith was Vice President of People Development at Time Warner. Previously, Dr. Smith was a senior consultant at Personnel Decisions International.

Thomas O'Brien

Mr. Thomas H. O'Brien is Lead Independent Director of BlackRock Inc. He has been Director since 1999, retired as Chief Executive Officer of PNC in 2000, after 15 years in that position and retired as Chairman of PNC in 2001, after 13 years in that position. Mr. O’Brien served as a director of Verizon Communications, Inc. from 1987 to 2011.

William Demchak

Mr. William S. Demchak is Director of BlackRock Inc., since February 2003. He is Senior Vice Chairman and is responsible for all of PNC’s businesses, including Corporate and Institutional Banking, the Asset Management Group and Retail Banking. Before joining PNC in 2002, Mr. Demchak served as the Global Head of Structured Finance and Credit Portfolio for J.P. Morgan Chase & Co. from 1997 to 2002.

Thomas Montag

Mr. Thomas K. Montag is Director of BlackRock Inc., since 2011. He has been Co-Chief Operating Officer of Bank of America since 2011. Previously, he was President of Global Banking & Markets for Bank of America since 2009. Prior to joining Bank of America, he was Executive Vice President and Head of Global Sales & Trading of Merrill Lynch from 2008 until its merger with Bank of America. Prior to joining Merrill Lynch, Mr. Montag was the Co-Head of the Global Securities Business and a member of the Management Committee and Equities/FICC Executive Committee of Goldman Sachs.

James Rohr

Mr. James E. Rohr is Director of BlackRock Inc., since 1999. He has served as Chairman and Chief Executive Officer of PNC and PNC Bank since 2001, and as Chief Executive Officer since 2000. Mr. Rohr is also a director of a number of other PNC subsidiaries, Allegheny Technologies Incorporated and EQT Corporation.

Susan Wagner

Ms. Susan L. Wagner has been appointed as Director of Blackrock Inc., effective October 3, 2012. She is no longer Vice Chairman of Blackrock Inc., effective June 30, 2012. Ms. Wagner has been included in Fortune magazine's annual ranking of the "50 Most Powerful Women in Business" for the past three years, has been named as one of the "Top 50 Women to Watch" by the Financial Times, and has been ranked twice on the "50 Most Powerful Women in New York" list by Crain's New York Business. Among numerous other roles at BlackRock, Ms. Wagner has been the Global Executive Sponsor of BlackRock's Women's Initiative Network (WIN), which has been integral to engaging and fostering the full potential of BlackRock women. She holds a BA degree in English and economics from Wellesley College, and an MBA degree in finance from the University of Chicago. Ms. Wagner is a member of the Board of Trustees of Wellesley College and the Hackley School.

Abdlatif Yousef Al-Hamad

Mr. Abdlatif Yousef Al-Hamad is Independent Director of BlackRock Inc., since February 2009. He has served as Director General and Chairman of the Board of Directors of the Arab Fund for Economic and Social Development since 1985. Mr. Al-Hamad was the Minister of Finance and Minister of Planning of Kuwait from 1981 to 1983. Prior to that, Mr. Al-Hamad served as Director General of the Kuwait Fund for Arab Economic Development from 1963 to 1981. He is a member of the Board of the Kuwait Investment Authority. Mr. Al-Hamad chaired the Development Committee Task Force on Multilateral Development Banks and has served on the International Advisory Boards of Morgan Stanley, Marsh & McLennan Companies, Inc., American International Group, Inc. and the National Bank of Kuwait.

Mathis Cabiallavetta

Mr. Mathis Cabiallavetta is Independent Director of BlackRock Inc., since September 2007. He has served as a member of the Board of Directors of Swiss Reinsurance Company since 2008 and the Vice Chairman of the Board since 2009. Mr. Cabiallavetta retired as Vice Chairman, Office of the Chief Executive Officer of Marsh & McLennan Companies, Inc. and as Chairman of Marsh & McLennan Companies International in 2008. Prior to joining Marsh & McLennan in 1999, Mr. Cabiallavetta was Chairman of the Board of Directors of Union Bank of Switzerland (UBS A.G.). Mr. Cabiallavetta is also a member of the Board of Directors of Philip Morris International Inc.

Dennis Dammerman

Mr. Dennis D. Dammerman is Independent Director of BlackRock Inc., since November 2005. He retired in 2005 as Vice Chairman of the Board and Executive Officer of General Electric Company and as director, Chairman and Chief Executive Officer of GE Capital Services, positions he had held since 1998. Mr. Dammerman had also been a director of General Electric Company since 1994. Prior to that, Mr. Dammerman held various executive positions with General Electric Company and GE Capital Corporation after first joining General Electric Company in 1967. Mr. Dammerman also served as Chairman of the Board of Directors of Capmark Financial Group Inc. from 2008 to 2011 and as a member from 2006 to 2011, and as a director of American International Group, Inc. from 2008 to 2010, of Genworth Financial from 2004 to 2005, of Swiss Reinsurance Company from 2006 to 2007 and of Discover Financial Services from 2007 to 2009.

Jessica Einhorn

Ms. Jessica P. Einhorn has been appointed as Independent Director of BlackRock, Inc., effective July 26, 2012. She served as Dean at the Paul H. Nitze School of Advanced International Studies (SAIS) at The Johns Hopkins University from 2002 until June of 2012. She spent nearly twenty years at the World Bank, concluding as Managing Director in 1998. Between 1998 and 1999, she was a Visiting Fellow at the International Monetary Fund. Prior to becoming Dean, she was a consultant at Clark & Weinstock, a strategic consulting firm. Prior to joining the World Bank in 1978 she held positions at the U.S. Treasury, the U.S. State Department and the International Development Cooperation Agency of the United States. Ms. Einhorn has been a director of Time Warner, Inc. since 2005 and also serves as a director of the Peterson Institute for International Economics and the National Bureau of Economic Research. Ms. Einhorn served as a director of Pitney Bowes, Inc. from 1999 to 2005. As of July 2012, she is resident at The Rock Creek Group in Washington, DC, where she is a longstanding member of the Rock Creek Group Advisory Board.

Fabrizio Freda

Mr. Fabrizio Freda has been appointed as Independent Director of BlackRock, Inc., effective October, 2012. Fabrizio Freda has served as President and Chief Executive Officer of The Estee Lauder Companies Inc. since July 2009, and is also a member of its Board of Directors. Mr. Freda previously served as The Estee Lauder's President and Chief Operating Officer from 2008 to July 2009. Mr. Freda is credited with creating and driving the strategy that has led the Company to achieve a number of financial record highs. Prior to joining The Estee Lauder Companies Inc., Mr. Freda held various senior positions at Procter & Gamble Company over the span of 20 years. From 1986 to 1988, Mr. Freda directed marketing and strategic planning for Gucci SpA.

Murry Gerber

Mr. Murry S. Gerber is Independent Director of BlackRock Inc., since 2000. He served as Executive Chairman of EQT Corporation, an integrated energy company, from 2010 until May 2011 and as Chairman and Chief Executive Officer of EQT Corporation from 2007 to 2010, as Chairman, Chief Executive Officer and President of EQT Corporation from 2000 to 2007 and as Chief Executive Officer and President of EQT Corporation from 1998 to 2000. Mr. Gerber is also a member of the Board of Directors of Halliburton Company.

James Grosfeld

Mr. James Grosfeld is Independent Director of BlackRock Inc., since 1999. He is a private investor, was formerly Chairman of the Board and Chief Executive Officer of Pulte Homes, Inc., a home builder and mortgage banking and financing company, from 1974 to 1990. Mr. Grosfeld is also a director of Lexington Realty Trust.

David Komansky

Mr. David H. Komansky is Independent Director of BlackRock Inc., since April 2003. He retired as Chairman of the Board of Merrill Lynch in 2003. Mr. Komansky became Chairman of the Board of Merrill Lynch in 1997, served as a director and Chief Executive Officer of Merrill Lynch from 1996 to 2002 and as a director, President and Chief Operating Officer of Merrill Lynch from 1995 to 1996. Previously, Mr. Komansky served as a director of Burt’s Bees, Inc. from 2004 to 2007 and as a director of WPP Group plc from 2003 to 2009.

Deryck Maughan

Sir Deryck Charles Maughan is Independent Director of BlackRock Inc., since September 2006. He has been a Partner and Head of the Financial Institutions Group of Kohlberg Kravis Roberts (“KKR”) since 2009 and a Managing Director since 2005. He was Chairman of KKR Asia from 2005 to 2009. Prior to joining KKR, Sir Deryck served as Vice Chairman of Citigroup from 1998 to 2004, as Chairman and Chief Executive Officer of Salomon Brothers from 1992 to 1997 and as Chairman and Chief Executive Officer of Salomon Brothers Asia from 1986 to 1991. He also was Vice Chairman of the NYSE from 1996 to 2000 and Chairman of the US-Japan Business Council from 2002 to 2004. Prior to joining Salomon Brothers in 1983, Sir Deryck worked at Goldman Sachs. He served in H.M. Treasury (UK Economics and Finance Ministry) from 1969 to 1979. He is also a director of GlaxoSmithKline and Reuters.

Ivan Seidenberg

Mr. Ivan G. Seidenberg is Independent Director of BlackRock, Inc., since January 20, 2011. Mr. Seidenberg has led Verizon since its inception in 2000, transforming the company into a premier global network company by building a nationwide wireless network, deploying high-speed fiber broadband direct to homes, and expanding its global Internet backbone network around the world. Before becoming Verizon's CEO, Mr. Seidenberg was chairman and CEO of its predecessor companies, NYNEX and Bell Atlantic. In a period of massive industry transformation, he built Verizon by combining Bell Atlantic and NYNEX, GTE and MCI; and created Verizon Wireless by merging Bell Atlantic Mobile, GTE Wireless and portions of Vodafone AirTouch. Since 2009, Mr. Seidenberg has chaired the Business Roundtable, an influential association of CEOs of U.S. companies. In June 2010, President Barack Obama appointed him to the President's Export Council, which advises the President on how to promote U.S. exports, jobs and growth. In 2007 President George W. Bush named him to the National Security Telecommunications Advisory Committee, which provides counsel on communications issues related to national security. He is a member of the New York Academy of Sciences' President's Council and serves on the board of trustees of the New York-Presbyterian Hospital, The New York Hall of Science, Pace University and the Paley Center for Media. He is a former chairman of the board for the U.S. Telecom Association and has been active in many other civic and educational organizations. Mr. Seidenberg earned a bachelor's degree in mathematics from Lehman College, part of the City University of New York, and a master's degree in business administration and marketing from Pace University.

Marco Antonio Slim Domit

Mr. Marco Antonio Slim Domit has been appointed as Independent Director of BlackRock, Inc., effective September 26, 2011. He has been Chairman of the Board of Directors and Chief Executive Officer of Grupo Financiero Inbursa since 1997, is also President of The Carlos Slim Health Institute, Vice-Chairman of the Board of Impulsora del Desarrollo y el Empleo en América Latina (IDEAL), an infrastructure company, and also board member of Teléfonos de México and Grupo Carso, among others.

John Varley

Mr. John Silvester Varley is Independent Director of BlackRock Inc., since October 1, 2011. He is director since December 2009. He retired as the Chief Executive of Barclays in 2010, a position he held since 2004. Mr. Varley also served as the Finance Director of Barclays from 2000 until the end of 2003. Mr. Varley joined the Barclays Executive Committee in 1996 and was appointed to the Boards of Directors of Barclays and Barclays Bank in 1998, positions he held until retiring in December 2010. From 1998 to 2000, Mr. Varley was the Chief Executive of Retail Financial Services and from 1995 to 1998 was the Chairman of the Asset Management Division. Mr. Varley also serves as a director of AstraZeneca PLC and Rio Tinto.
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