BlackRock Announces Appointment of Pamela Daley to Board of Directors
NEW YORK -- January 15, 2014
BlackRock, Inc. (NYSE:BLK) elected Pamela Daley, former Senior Vice President
of Corporate Business Development at the General Electric Company, to the
Company’s Board of Directors. Ms. Daley, who retired from GE on January 1st,
joined the Board on January 15th.
Laurence D. Fink, BlackRock Chairman and CEO, said, “I am delighted to welcome
Pam to our Board of Directors. With an exceptional career in business, she
brings tremendous experience, unique insight, and leadership that will make
her an invaluable addition. We are excited to have her join.”
While at GE, Ms. Daley was a Special Advisor to the Chairman from April 2013
to January 1, 2014. Prior to this role, Ms. Daley served as Senior Vice
President of Corporate Business Development from 2004 to 2013 and as Senior
Counsel for Transactions from 1991 to 2004. As Senior Vice President, Ms.
Daley was responsible for GE’s mergers, acquisitions, and divestiture
activities worldwide. Ms. Daley joined GE in 1989 as Tax Counsel.
Previously, Ms. Daley was a Partner of Morgan, Lewis & Bockius, where she
specialized in domestic and cross-border tax-oriented financings and
commercial transactions. She also served as Director of Genworth Financial
Inc. from 2004 until May 2006.
During her professional career, Ms. Daley has served on a variety of boards,
including the University of Pennsylvania, the University of Pennsylvania Law
School, the World Wildlife Fund, and the Julliard School. Ms. Daley is also a
board member of BG Group, an international gas and oil company.
With the addition of Ms. Daley, BlackRock’s Board of Directors has expanded to
20 members, including 14 independent directors.
BlackRock is a leader in investment management, risk management and advisory
services for institutional and retail clients worldwide. At September 30,
2013, BlackRock’s AUM was $4.096 trillion. BlackRock helps clients meet their
goals and overcome challenges with a range of products that include separate
accounts, mutual funds, iShares® (exchange-traded funds), and other pooled
investment vehicles. BlackRock also offers risk management, advisory and
enterprise investment system services to a broad base of institutional
investors through BlackRock Solutions®. Headquartered in New York City, as of
September 30, 2013, the firm had approximately 11,200 employees in 30
countries and a major presence in key global markets, including North and
South America, Europe, Asia, Australia and the Middle East and Africa. For
additional information, please visit the Company's website at
Brian Beades, 212-810-5596
Tom Wojcik, 212-810-8127
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