The former chief of Barclays Global Investors
is leaving BlackRock
's Sree Vidya Bhaktavatsalam reports
that Blake Grossman
, who served as vice chairman and head of scientific investments at BlackRock, is leaving the asset management giant. (He has since dropped the scientific investments roles.) Grossman's departure comes a year after BlackRock closed on its acquisition of BGI.
Bloomberg cites a memo in which BlackRock CEO Larry Fink
claims Grossman is leaving to "explore new opportunities." Yet don't expect Grossman to rush to his next job, whatever it might be.
"I'm not in a great hurry to figure out what's next," Grossman told Bloomberg. "I would like to step back and take a little time to determine what to do over the next few years."
Neil Anderson, Managing Editor
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