BlackRock's Big Shakeup: New Leaders, New Strategies
Update: 2025-09-16
Description
BlackRock's leadership is undergoing a massive shakeup! CEO Larry Fink just expanded the global executive committee with 20 new leaders, including Sarah Melvin and Mike Pyle, signaling potential bold strategic shifts for the world's largest asset manager. With Vice Chairman Mark McCombe retiring in 2026 and a new focus on corporate relationships in the Americas, BlackRock is clearly prepping for change as it seeks revenue beyond low-fee index funds and navigates a tough market, including a new $80 billion deal with Citigroup.
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