BlackRock, Mark Wiedman

BlackRock Promotes Senior Executives Amid Wiedman’s Departure
BlackRock Inc. is elevating several senior executives to expand its business in the Americas and with key institutional clients, following the announced departure of Mark Wiedman, once seen as a potential successor to Chief Executive Officer Larry Fink.
BlackRock CEO Succession Outlook Shifts Amid Exits, Buying Spree
Mark Wiedman, one of BlackRock Inc.’s most senior executives and a potential successor to Chief Executive Officer Larry Fink, is leaving the world’s largest asset manager in a shuffle of its top ranks of leadership.
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is departing the firm, said two sources familiar with the matter.
BlackRock Executive Seen as Leading CEO Contender to Leave Firm
Mark Wiedman was most recently head of BlackRock’s global client business
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.
BlackRock veteran Mark Wiedman said to leave asset manager
Mark Wiedman, head of BlackRock's (NYSE:BLK) global client business and potential successor to CEO Larry Fink, is leaving the asset manager after two decades to pursue other opportunities, according to a media report dated Tuesday.
ESG Opponents Get Novel Win in American Airlines 401(k) Suit
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...
BlackRock may exit woke business climate group Net Zero Alliance as backlash over ESG investing widens
Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...
BlackRock Withdraws From Climate Coalition, Backpedaling Again on ESG
BlackRock is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a ...
IJR2d
DAVID BLACKMON: ESG Is Collapsing And Net Zero Is Going With It
As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations ...
American Airlines ESG investing strategy violated federal law, judge rules
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...
Benefits Pro4d
BlackRock quits Net Zero climate group, after ongoing pushback against ESG investing
The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero ...
Exclusive: Investor climate group suspends activities after BlackRock exit
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...
JD Supra2d
Federal Court Rules ESG-Guided Investing of 401(k) Plan Is a Breach of Fiduciary Duty
Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act solely in ...
BlackRock drops out of progressive ‘Net Zero’ initiative as pressure grows to ditch ‘woke’ groups
Fink and other top executives had evangelized on the need to use the company’s investing might to force corporations to ...
The Financial Times5d
American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
Simply sign up to the ESG investing myFT Digest -- delivered directly to your inbox. A US federal court has ruled that ...
BlackRock quits climate group as Wall Street lowers environmental profile
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the ...
BlackRock expected to post booming earnings — as Larry Fink’s firm shifts from woke investing of past
Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...