Investing.com – Mark Weidman, a top executive at BlackRock Inc. (NYSE:) and a potential successor to CEO Larry Fink, has decided to leave the world’s largest asset manager, Bloomberg reported Tuesday.
Weidman, who has been with the firm for 20 years and currently leads its global client business, is looking to explore opportunities outside of BlackRock, the report said, citing people familiar with the situation.
The report said that BlackRock is expected to promote several executives in response to this departure, and these changes are expected to take place as early as this week.
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