The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Schlosstein Walks From BlackRock Not Rated 3.2 Email Routing List Email & Route  Print Print
Thursday, September 06, 2007

Schlosstein Walks From BlackRock

Reported by Erin Kello

Ralph Schlosstein, president, director and co-founder of BlackRock, has notified the board of his intent to step down to pursue other entrepreneurial interests.

Schlosstein will remain with BlackRock as an advisor until early 2008, helping to ensure an effective transition. The board of directors at the firm have already selected Schlosstein's replacement, voting to appoint Robert Kapito as president, effective immediately.

Kapito is currently a director and vice Chairman of BlackRock and Head of Portfolio Management. In his new role as President, he will be responsible for day-to-day oversight of key operating units, including the Account Management and Portfolio Management Groups, Real Estate and BlackRock Solutions. He will report to BlackRock Chairman and CEO Laurence D. Fink.

"Ralph has been a tremendous partner, and his leadership and financial expertise have been key drivers of BlackRock's success and global expansion," stated Mr. Fink. "He has touched every component of our business."  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use