BlackRock Inc. Chief Executive Officer Laurence D. Fink

BlackRock Inc. Chief Executive Officer Laurence D. Fink

Peter Foley/Bloomberg

BlackRock Inc. Chief Executive Officer Laurence D. Fink in August reorganized BlackRock’s senior leadership and product distribution, and in October created a series of lower-fee ETFs in a bid to reverse a decline in its U.S. market share.