Larry Fink has a new chief of staff, an under-the-radar position that's become a powerful post at BlackRock
This may be especially true if you worked directly with Larry Fink, the firm's chief executive and among the most powerful people on Wall Street. Fink's chief of staff, a two-year job BlackRock created in 2015, has minted new and increasingly visible leaders. And he just appointed a new executive to the post.
"We move leaders between the firm's businesses consistently to foster the new perspectives and deeper connections that enhance our ability to serve clients better and grow the firm," Fink said in the memo, adding that his chief of staff position was designed so that promising employees can work with"key leaders on strategic priorities for two years before applying that experience in an important new leadership role elsewhere in the firm.
"On any given day, I could be meeting a policy-maker or a world leader with our CEO; I could be meeting with a client or deeply entrenched in an internal project; I could be collaborating with my colleagues in communications or investment governance," Sarah Melvin, a BlackRock executive and Fink's first chief of staff, said in anFink's past chiefs of staff have gone on to other influential roles.
Schaffer's new role that she will take on is in the process of being confirmed, a BlackRock spokesperson said. Alford, her successor, has been leading the foundation and endowment team in the Western US for the firm's institutional client business. He will move from San Francisco to New York, where Fink and BlackRock are based.The chief of staff role has taken off across corporations and beyond the position's roots in government and military operations.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stop chasing the rally in tech stocks because the Fed won't pivot: BlackRockStop chasing the rally in tech stocks because high interest rates and weak earnings are coming to bite, says a top BlackRock iShares strategist
Weiterlesen »
U2 Announces ‘Achtung Baby’ Concerts at New Las Vegas Venue — Without Drummer Larry Mullen Jr.U2 announced a series of concerts in Las Vegas this fall celebrating their 1991 album “Achtung Baby” in a cryptic 15-second ad aired during the Super Bowl on Sunday — although drummer Larry Mullen …
Weiterlesen »
The Larry Himmel Neighborhood Foundation will pay for you to get married on Valentine's Day -SAN DIEGO (KUSI) – The Larry Himmel Neighborhood Foundation has partnered up with the San Diego County Assessor, Jordan Marks, to help you tie the knot! The Larry Himmel Neighborhood Foundation has a $5,000 fundraising goal, which they will use to help newlywed couples for Valentine’s Day. Jordan Marks has been helping Miles Himmel, founder of the Larry Himmel Neighborhood...
Weiterlesen »
LARRY KUDLOW: Biden's economic vision is an unlimited welfare stateFOX Business host Larry Kudlow calls out President Biden's agenda and alleged economic vision for an unlimited welfare state on Monday's 'Kudlow'
Weiterlesen »
Philly mayoral candidates are proposing ways to ‘circumvent’ DA Larry KrasnerDiverting cases to federal prosecutors would require buy-in from the U.S. Department of Justice, which is far from certain.
Weiterlesen »
U2 to Launch Las Vegas' MSG Sphere With 'Achtung Baby' ShowsBono, the Edge and Adam Clayton (but not Larry Mullen Jr., who’s recovering from surgery) to open Sin City’s massive new globe-shaped venue this fall
Weiterlesen »