February 24, 2018 9:49 AM ET

Capital Markets

Company Overview of BlackRock, Inc.

Company Overview

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including ...

55 East 52nd Street

New York, NY 10055

United States

Founded in 1988

Phone:

212-810-5300

Key Executives for BlackRock, Inc.

Chairman and Chief Executive Officer
Age: 64
Total Annual Compensation: $8.9M
President & Director
Age: 61
Total Annual Compensation: $7.3M
Chief Financial Officer and Senior Managing Director
Age: 54
Total Annual Compensation: $2.9M
COO, Senior MD & Global Head of Blackrock Solutions
Age: 43
Total Annual Compensation: $3.4M
Global Head of Multi-Asset Strategies
Age: 50
Total Annual Compensation: $3.0M
Compensation as of Fiscal Year 2016.

BlackRock, Inc. Key Developments

BlackRock Closed-End Funds Announce Changes to Their Boards of Directors/Trustees

The BlackRock registered closed-end funds (each a ‘Fund’ and collectively, the ‘Funds’) announced that Ms. Barbara G. Novick will resign from her position on the Board of Directors/Trustees of each Fund, effective February 16, 2018. In addition, the Funds announced that the Board of each Fund has appointed Mr. Robert W. Fairbairn as an interested director/trustee, effective February 16, 2018, to fill the vacancy created by Ms. Novick's resignation. Mr. Fairbairn has agreed to serve as an interested director/trustee of each Fund effective February 16, 2018.

BlackRock Inc Appoints Kimberly Kim as Head of Financial Institutions Group, Asia Pacific, Effective from April 2018

BlackRock Inc. has appointed Kimberly Kim as its head of financial institutions group, Asia Pacific. In her new role, Kim will formulate and execute an integrated business strategy targeting the region's insurance companies at BlackRock Inc. The appointment will be effective from April 2018. Prior to this appointment, Kim worked for Deutsche Asset Management as Head of Global Client Group for Hong Kong and Regional Head of Insurance Coverage for APAC ex-Japan.

BlackRock, Inc. Presents at Asset Management Derivatives Forum 2018, Feb-07-2018 through Feb-09-2018

BlackRock, Inc. Presents at Asset Management Derivatives Forum 2018, Feb-07-2018 through Feb-09-2018. Venue: The Ritz-Carlton, Laguna Niguel, Dana Point, California, United States. Presentation Date & Speakers: Feb-07-2018, Joanne Medero, Managing Director & U.S. Head, Global Public Policy Group. Feb-08-2018, Ila Eckhoff, Managing Director, Mark Cox, Managing Director, Global Head Collateral and Clearing, U.S. Investment Operations, Sachiyo Sakemi, Managing Director. Feb-09-2018, Lou Rosato, Director.

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