BlackRock’s Larry Fink Starts Biggest Organization Overhaul in Years
- Asset manager shifting more responsibility to regional leaders
- Global alternatives business also in focus under Edwin Conway
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After building a financial powerhouse over three decades, BlackRock Inc. Chief Executive Larry Fink is charting a path for growth beyond the U.S.
Fink announced a massive overhaul of the firm’s leadership in a memo Tuesday, shifting more responsibility to region-specific leaders as well as installing new management in its alternatives investment division and reorganizing staff.