Letter to shareholders
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Our fiduciary responsibility has been our core principle since our founding 29 years ago. It is this sense of responsibility to our clients that motivates our Board, Global Executive Committee and all of our employees each and every day. Whether we are analyzing stocks, writing code or processing trades, every person at BlackRock has an impact on our clients.

Our fiduciary responsibility is the reason we’ve developed such strong global partnerships over the years. It is the reason our clients look to us for thought leadership and advice. It is the reason our clients trust us with their futures.

We move forward by constantly asking ourselves, “What more can we do for our clients?”

And that is why BlackRock is trusted to manage more money than any other investment firm in the world.

Read the Letter to Shareholders

Global Executive Committee

  • Laurence D. Fink

    Laurence D. Fink

    Chairman and Chief Executive Officer

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    Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock, Inc. He also leads the firm’s Global Executive Committee. Mr. Fink and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment management, risk management and advisory services for institutional and retail clients. Today, the firm is trusted to manage more money than any other investment firm in the world. Mr. Fink was named one of the "World’s Most Respected Leaders" by FortuneFortune in 2016, "CEO of the Decade" by Financial News in 2011, and one of the "World's Best CEO's" by Barron's for 10 consecutive years.

    Prior to founding BlackRock in 1988, Mr. Fink was a member of the Management Committee and a Managing Director of The First Boston Corporation. During his tenure at First Boston, Mr. Fink was co-head of the Taxable Fixed Income Division, which was responsible for trading and distribution of all government, mortgage and corporate securities.

    Chairman of the NYU Langone Medical Center Board of Trustees. Mr. Fink also serves on the Boards of The Museum of Modern Art (MoMA), the Council on Foreign Relations and Robin Hood, the poverty-fighting charitable organization. He is also an Executive Committee member of The Partnership for New York City, the economic development organization.

    Mr. Fink earned an M.B.A. degree with a concentration in real estate from the University of California at Los Angeles (UCLA) in 1976 and a B.A. degree in political science from UCLA in 1974.

  • Robert S. Kapito

    Robert S. Kapito


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    Rob Kapito is President and a Director of BlackRock, a member of BlackRock’s Global Executive Committee and Chairman of the Global Operating Committee. He is responsible for day-to-day oversight of all BlackRock’s key operating units including Investment Strategies, Client Businesses, Technology & Operations, and Risk & Quantitative Analysis. Mr. Kapito is also a Director of iShares Inc.

    Prior to assuming his current responsibilities in 2007, Mr. Kapito served as Head of BlackRock’s Portfolio Management Group. In this role, he was responsible for overseeing all portfolio management within BlackRock, including the Fixed Income, Equity, Liquidity, and Alternative Investment Groups. Prior to founding BlackRock in 1988, Mr. Kapito was a Vice President in the Mortgage Products Group at The First Boston Corporation.

    Mr. Kapito serves as a member of the Board of Trustees of the University of Pennsylvania and the Harvard Business School Board of Dean’s Advisors. He is also President of the Board of Directors for the Hope & Heroes Children’s Cancer Fund. Mr. Kapito is the recipient of the 2009 Joseph Wharton Leadership Award, the Marine Corps-Law Enforcement Foundation’s 2010 Semper Fidelis Award and is a frequent public speaker on best practices in investment management.

    Mr. Kapito earned a BS degree in economics from the Wharton School of the University of Pennsylvania in 1979, and an MBA degree from Harvard Business School in 1983.

  • David J. Blumer

    David J. Blumer

    Head of Europe, Middle East & Africa

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    David Blumer is Head of EMEA for BlackRock and is a member of the Global Executive Committee.

    Prior to joining BlackRock in 2013, Mr. Blumer was Chief Investment Officer and a member of the Executive Committee at Swiss Reinsurance Co. Ltd. Additionally, he assumed the role of Chairman of Swiss Re’s Admin Re Division, and was a member of the board at Brevan Howard. Preceding his employment with Swiss Re, Mr. Blumer was Chief Executive Officer of Credit Suisse Asset Management and a member of the Executive Board.

    During his 15-year career at Credit Suisse, Mr. Blumer held various positions in private banking and asset management in Zurich, London and New York. In 2004, Credit Suisse appointed Mr. Blumer Head of Trading and Sales, and two years later appointed him Head of Asset Management. Mr. Blumer was also a member of the board of SIX Swiss Exchange and, until recently, on the board of RobecoSAM.

    Mr. Blumer earned a degree in economics from the University of Zurich.

  • Geraldine Buckingham

    Geraldine Buckingham

    Global Head of Corporate Strategy

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    Geraldine Buckingham, Senior Managing Director, is Global Head of Corporate Strategy at BlackRock and a member of the firm’s Global Executive Committee. She is responsible for helping BlackRock develop and implement long-term goals and respond to the competitive financial services landscape. She previously served as Head of Americas Corporate Strategy.

    Prior to joining BlackRock in 2014, Dr. Buckingham was a partner with McKinsey & Company's financial services practice based in New York. She worked primarily with large global asset managers with additional experience in wealth management and private equity, as well as functional expertise in strategy and organization.

    Dr. Buckingham received the Rhodes scholarship to study at Oxford University, where she earned a Master of Philosophy degree in Comparative Social Policy. She earned her Bachelor of Medicine and Bachelor of Surgery (MBBS) degrees from Monash University.

  • Frank Cooper III

    Frank Cooper III

    Chief Marketing Officer

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    Frank Cooper III, Senior Managing Director, is the Global Chief Marketing Officer of BlackRock. He is a member of the Global Executive Committee and Global Operating Committee.

    As Global CMO, Mr. Cooper is responsible for shaping BlackRock’s global brand and marketing strategy for institutional and retail clients, including overseeing all digital, branding, research and insights functions at the firm.

    Mr. Cooper previously served as Chief Marketing and Creative Officer at BuzzFeed, the leading social content publisher. Prior to this, he served as Chief Marketing Officer of Global Consumer Engagement for PepsiCo's Global Beverage Group. Mr. Cooper started his career as an entertainment lawyer and later served as a senior executive in the entertainment industry at Warner Bros and Polygram among others.

    Mr. Cooper has been acknowledged by Fast Company magazine as one of the "100 Most Creative People in Business,” was a four-time recipient of Billboard magazine’s "Power 100” and recipient of AdColor’s coveted “Legend” award.

    Mr. Cooper earned a J.D. from Harvard Law School, where he served as the Supreme Court Editor of The Harvard Law Review, and a B.S. degree in business administration from the University of California at Berkeley.

  • Robert W. Fairbairn

    Robert W. Fairbairn

    Senior Managing Director

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    Robert Fairbairn, Senior Managing Director, oversees the Strategic Partner Program responsible for the firm's largest client relationships and the Strategic Product Management Group responsible for the firm's overall product strategy and product suite. Mr. Fairbairn is a member of the Global Executive Committee, Global Operating Committee and co-chairs the Human Capital Committee. He also serves as a board member for the BlackRock Equity-Bond mutual fund family.

    From 2012 to 2016, Mr. Fairbairn served as global head of the Retail and iShares businesses. Prior to that, he served as head of the Global Client Group and Chairman of BlackRock’s International Businesses. Mr. Fairbairn's service with the firm dates back to 1993, including his years with Mercury Asset Management (Mercury) and Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was Senior Vice President and head of the EMEA Pacific region and member of the MLIM Executive Committee, with responsibility for all of MLIM's non-US businesses. He joined Mercury in 1993 and, following the acquisition by Merrill Lynch, became head of the EMEA Sales Division in 1999 and Chief Operating Officer of the EMEA Pacific region in 2001. From 1990 to 1993, he was with Lazard Investors' business development team. Prior to that, he spent five years with GT Management as an investment manager.

    Mr. Fairbairn earned BA degrees in history, economics, and Russian studies from Durham University in 1987.

  • Robert L. Goldstein

    Robert L. Goldstein

    Chief Operating Officer and Global Head of BlackRock Solutions

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    Rob Goldstein is BlackRock’s Chief Operating Officer and Global Head of BlackRock Solutions. He is a member of the Global Executive Committee and the Global Operating Committee.

    As COO, Mr. Goldstein helps oversee the day-to-day global business of the firm and ensure that the organization, including its investments, client, risk and technology functions, have the necessary connectivity, coordination and operating processes.

    Prior to his appointment as COO in 2014, Mr. Goldstein had been the head of the firm’s Institutional Client Business where he played a key role in developing and providing innovative products and services to institutional investors around the world.

    He began his career in 1994 as an analyst in BlackRock’s Portfolio Analytics Group. Mr. Goldstein worked as a risk advisor to mortgage and insurance clients and led the development of the infrastructure and processes used to model and analyze client portfolios. He was instrumental in building the client service, business development and implementation capabilities of Blackrock’s portfolio and risk management platform.

    Mr. Goldstein was twice-named to Fortune's “40 Under 40” list and was selected for Institutional Investor’s "Tech 50" as one of the top technology entrepreneurs in financial services. He co-authored "Nonagency Residential Mortgage-Backed Securities" in the eighth edition of The Handbook of Fixed Income Securities and is a frequent speaker at industry conferences and meetings.

    He serves as a member of the Board of Trustees of the Battery Conservancy. Mr. Goldstein earned a BS degree, magna cum laude, in economics from Binghamton University in 1994.

  • Bennett W. Golub, PhD

    Bennett W. Golub, PhD

    Chief Risk Officer

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    Ben Golub is a member of the Global Executive Committee and co-head of the Risk & Quantitative Analysis Group of BlackRock. Dr. Golub has served as Chief Risk Officer since 2009. Dr. Golub is responsible for the investment, counterparty, technology and operational risk of BlackRock. Dr. Golub is also the chair of BlackRock’s Enterprise Risk Management Committee.

    Previously at BlackRock, Dr. Golub was co-head and founder of BlackRock Solutions, BlackRock's risk advisory business beginning in 1995. Dr. Golub also served as the acting CEO of Trepp, LLC. a former BlackRock affiliate that pioneered the creation and distribution of data and models for collateralized commercial-backed securities beginning in 1996.

    In 1988, Dr. Golub was one of the eight founding partners of Blackstone Financial Management LP, which evolved into BlackRock. Prior to the founding of BlackRock, Dr. Golub was a Vice President at The First Boston Corporation beginning in 1985 where he established the Financial Engineering Group. During his tenure, the group structured over $25 billion of bonds, including many innovative collateralized mortgage obligations and asset-backed securities.

    Dr. Golub co-authored Risk Management: Approaches for Fixed Income Markets (J. Wiley & Sons, Inc., 2000), which also has Japanese and Chinese editions. He has authored or co-authored many articles, including "Reflections on Buy-Side Risk Management After (or Between) the Storms" (The Journal of Portfolio Management), "Risk Management Lessons Worth Remembering from the Credit Crisis of 2007-2009" (The Journal of Portfolio Management), "Composite Portfolios Present Challenges" (Pension and Investments Magazine), "Mark-to-Market Methodology, Mortgage Servicing Rights, and Hedging Effectiveness" (The Handbook of Mortgage-Backed Securities, 6th Edition), "Approaches for Measuring the Duration of Mortgage-Related Securities" (The Handbook of Mortgage-Backed Securities, 6th Edition), "Measuring Yield Curve Risk Using Principal Components Analysis and Value At Risk" (Journal of Portfolio Management), "New Benchmarks for Debt Instruments: No Room for Nostalgia in Fixed Income" (Risk Magazine), and "Asset Allocation and Risk Management for Sovereign Wealth Funds" (Sovereign Wealth Management).

    Risk Magazine honored Dr. Golub in 2016 with its Lifetime Achievement award in recognition of the many contributions he made to promoting effective risk management. The magazine previously had honored Dr. Golub and his colleague Charles Hallac with its Asset Management Risk Manager of the Year award in 2001. He is a member of the Board of the Global Association of Risk Professionals and the North American Executive Board of the MIT Sloan School of Management. He is also a member of the Financial Services & Risk Management Subcommittee of the Financial Research Advisory Committee of the U.S. Treasury’s Office of Financial Research.

    Dr. Golub earned a SB degree and an SM degree in Management in 1978 and 1982 respectively, and a PhD degree in Applied Economics and Finance in 1984, all from the MIT Sloan School of Management.

  • Philipp Hildebrand

    Philipp Hildebrand

    Vice Chairman

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    Philipp Hildebrand, Vice Chairman, is a member of the firm’s Global Executive Committee. He leads and oversees the activities of the BlackRock Investment Institute, which connects BlackRock’s portfolio managers to one another, generates investment insights, and disseminates them to clients.

    Mr. Hildebrand joined BlackRock in October 2012 and previously served as chairman of the firm’s Multi-Asset Strategies business. Before coming to BlackRock, he served as Chairman of the Governing Board of the Swiss National Bank (SNB) until January 2012. In that capacity, he was also a Director of the Bank for International Settlements (BIS), the Swiss Governor of the International Monetary Fund (IMF) and a member of the Financial Stability Board (FSB), of which the Leaders of the G20 appointed him Vice Chairman, in November 2011.

    Previously, Mr. Hildebrand served as Chief Investment Officer of a Swiss private bank and as a partner of Moore Capital Management in London. Between 2006 and 2009, he served as a member of the Strategic Committee of the French Debt Management Office

    Mr. Hildebrand is a member of the Group of Thirty and an Honorary Fellow of Lincoln College, Oxford, and he sits on the International Advisory Board of Oxford University’s Blavatnik School of Government.

    Mr. Hildebrand earned a BA from the University of Toronto, an MA from the Graduate Institute of International Studies in Geneva, and a DPhil from the University of Oxford.

  • J. Richard Kushel

    J. Richard Kushel

    Global Head of Multi-Asset Strategies

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    Rich Kushel is the Global Head of Multi-Asset Strategies for BlackRock and a member of the firm’s Global Executive Committee.

    Mr. Kushel is responsible for the firm’s multi-asset products, its asset allocation and model-portfolio capabilities, factor strategies, target-date funds and impact investing. Before taking on this role in 2016, he was Chief Product Officer for BlackRock and led Strategic Product Management, the BlackRock Investment Institute and the BlackRock Investment Stewardship teams.

    Mr. Kushel has also served as head of BlackRock’s Portfolio Management Group where he had responsibility for the management of the firm’s portfolio teams across all asset classes, market sectors and styles. While based in London previously, he was Chairman of BlackRock’s International businesses and responsible for the regional management of businesses and operations outside the US and Canada. Prior to that, Mr. Kushel held several positions within the firm, including heading BlackRock’s International Institutional business and heading BlackRock’s Alternatives efforts and Wealth Management groups. Prior to joining BlackRock in 1991, he was an associate in the Financial Institutions Group at Prudential Securities.

    Mr. Kushel currently serves as the Vice Chairman of the Council on Asset and Investment Management of the Institute for International Finance and previously served as a board member of the UK Investment Management Association. Mr. Kushel earned a BS degree in industrial engineering from Stanford University in 1988.

  • Mark S. McCombe

    Mark S. McCombe

    Head of the Americas and Global Head of BlackRock Alternative Investors

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    Mark McCombe, Senior Managing Director, is Head of the Americas region and Global Head of BlackRock Alternative Investors. Mr. McCombe is responsible for driving the growth of BlackRock’s businesses in the Americas and its alternatives platform globally. He is a member of BlackRock’s Global Executive Committee and chairs the Americas Executive Committee. He previously served as the Global Head of BlackRock’s Institutional Client Business and as Chairman of BlackRock’s Asia Pacific region.

    Mr. McCombe has had an international career in finance spanning more than 20 years. Before joining BlackRock, he served as Chief Executive Officer in Hong Kong for HSBC. He was also a Non-Executive Director of Hang Seng Bank Ltd. and Chairman of HSBC Global Asset Management (HK) Ltd. Prior to that, he was based in London where he was Chief Executive of HSBC Global Asset Management.

    Mr. McCombe has served on a number of finance industry bodies during his career. He was a member of the Risk Management Committee of the Hong Kong Exchanges and Clearing Limited, a member of the Banking Advisory Committee for the Hong Kong Monetary Authority, a committee member of the Hong Kong Association of Banks, and a council member of the Financial Services Development Council (FSDC), an advisory body established by the Hong Kong Special Administrative Region.

    Mr. McCombe earned an MA degree from Aberdeen University and attended Wharton Business School, where he completed the Advanced Management Program. He was recognised in the Queen's New Year Honours List in 2006 with an OBE.

  • Christopher J. Meade

    Christopher J. Meade

    Chief Legal Officer

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    Christopher J. Meade is the General Counsel and Chief Legal Officer of BlackRock. A member of the Global Executive Committee, he leads the Legal & Compliance group.

    Before joining BlackRock, Mr. Meade was the General Counsel of the U.S. Department of the Treasury. At Treasury, he provided legal and policy counseling to the Treasury Secretary and other senior Treasury officials on a wide range of issues, relating to domestic finance, international economic affairs, terrorism finance, financial crimes enforcement, and tax policy. He was also the head of the Treasury Legal Division, a separate bureau within Treasury that includes all legal counsel of the Treasury Department. Mr. Meade received the Alexander Hamilton Award, the Treasury Department’s highest honor.

    Before joining Treasury, Mr. Meade was a partner with the law firm of Wilmer Cutler Pickering Hale and Dorr, where he was a member of the Litigation and Securities Departments, as well as the Appellate and Supreme Court Litigation Group. While at WilmerHale, he argued four cases before the U.S. Supreme Court. Earlier in his career, Mr. Meade served as a law clerk to Justice John Paul Stevens on the U.S. Supreme Court and Judge Harry T. Edwards of the U.S. Court of Appeals for the D.C. Circuit

    Mr. Meade is a member of the Board of NYU Law School and the Partnership for Children’s Rights. He received his A.B. from Princeton University, magna cum laude, and his J.D. from NYU Law School, magna cum laude, where he was the Editor-and-Chief of the Law Review.

  • Barbara G. Novick

    Barbara G. Novick

    Vice Chairman

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    Barbara G. Novick, Vice Chairman, is a member of BlackRock's Global Executive Committee and the Enterprise Risk Management Committee and chairs the firm’s Public Policy Steering Committee.

    From the inception of the firm in 1988 to 2008, Ms. Novick headed the Global Client Group and oversaw global business development, marketing and client service across equity, fixed income, liquidity, alternative investment and real estate products for institutional and individual investors and their intermediaries. In her current role, Ms. Novick heads the firm's efforts globally on Government Relations and Public Policy. In addition, she serves as a board member to the BlackRock Equity-Liquidity and BlackRock Closed End fund families, and is a member of the Executive Committee of the Board of Governors of the Investment Company Institute.

    Prior to founding BlackRock in 1988, Ms. Novick was a Vice President in the Mortgage Products Group at The First Boston Corporation where she headed the Portfolio Products Team. Before joining First Boston in 1985, Ms. Novick was with Morgan Stanley.

    Ms. Novick has authored numerous articles on asset management and public policy issues. Ms. Novick is a member of CFA Institute's Future of Finance Advisory Council. She currently serves as a Trustee of Cornell University and the HCM Foundation. Ms. Novick previously served on the boards of Robert Toigo Foundation (2007-2010), UJA-Federation (2009-2015) and Westchester Day School (2000-2005), served as both Treasurer and Trustee of Westchester Jewish Center (1994-2012) and coached in the Westchester Youth Soccer League (1999-2015). Ms. Novick earned a BA degree, cum laude, in economics from Cornell University in 1981.

  • Richard Prager

    Richard Prager

    Head of Trading, Liquidity and Investments Platform

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    Richie Prager is Head of Trading, Liquidity and Investments Platform for BlackRock. A Senior Managing Director, he is a member of the firm’s Global Executive Committee.

    Mr. Prager leads the firm’s global trading, liquidity and securities lending teams and plays a central leadership role in managing BlackRock’s global investment platform in partnership with firm President Rob Kapito. He is a key driver of BlackRock’s product strategy functions and is responsible for implementing efficient business management practices to enhance the firm’s investment capabilities.

    Before being appointed to his current role in 2016, Mr. Prager held a number of senior leadership positions within the firm, most recently as Global Head of Trading, Liquidity and Securities Lending where he spearheaded key initiatives to enhance risk management practices and improve investment performance. Previously, as part of the Financial Markets Advisory Group within BlackRock Solutions, he advised clients on capital markets exposures and business strategy.

    Before joining BlackRock in 2009, Mr. Prager worked for Bankof America in several senior management roles, including Global Head of Rates, Currencies and Commodities. He also held regional leadership roles in Latin America and Asia, and served as the Enterprise Risk Manager. Previous experience includes leadership roles at General Re Financial Securities Internationale Nederlanden Groep and Westpac Banking Corporation. He began his career at Noonan Astley & Pierce as a foreign exchange broker.

    Mr. Prager earned a B.S. Degree in Zoology from Duke University in 1981.

  • Linda G. Robinson

    Linda G. Robinson

    Vice Chairman

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    Linda Robinson is Vice Chairman, member of BlackRock’s Global Executive Committee and co-chair of the firm’s Global Brand Council. Ms. Robinson served on the BlackRock Board of Directors from 2004 to 2011.

    From 2011 to 2016, Ms. Robinson served as the Global Head of Marketing and Communications, where she played a central role in building BlackRock’s brand, spurring innovation to help drive BlackRock’s business, and assembling a world-class marketing and communications team.

    Prior to joining BlackRock in June 2011, Ms. Robinson served as Chairman of Robinson Lerer & Montgomery (RLM), a strategic communications firm that she co-founded in 1986. During her 25 years with RLM, she provided insight and counsel to CEOs, senior leaders and boards from hundreds of companies on crucial business challenges ranging from strategic positioning to brand development, corporate reputation, crisis management, public policy and media relations, among other issues.

    Earlier Ms. Robinson served as Senior Vice President of Corporate Affairs at Warner Cable Communications from 1983 to 1986. She was part of the management turnaround team that brought the company to a position of profitability and growth, and played a leading role in creating and executing communications and government affairs strategies for the company and its operating divisions.

    From 1981 to 1983, Ms. Robinson was Director of Public Affairs for the Department of Transportation, where she was chief public spokesperson and led communications through the air traffic controllers strike during President Reagan’s first term. She began her career as Deputy Press Secretary on the 1980 Reagan-Bush Presidential campaign and subsequently served as the Director of Public Relations for the Republican National Committee.

    Ms. Robinson received a BA from the University of Southern California, where she graduated summa cum laude and Phi Beta Kappa.

    Ms. Robinson is a trustee of NYU Langone Medical Center and the Chapin School. She also is a member of the board for US Squash, a nonprofit organization which serves as the only national governing body and membership organization for the sport in the United States and StreetSquash, a non-profit organization that promotes athletic and academic excellence and opportunities for children and families in Harlem and Newark.

  • Gary S. Shedlin

    Gary S. Shedlin

    Chief Financial Officer

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    Gary Shedlin is BlackRock's Chief Financial Officer and a member of BlackRock's Global Executive Committee.

    Prior to joining BlackRock in 2013, Mr. Shedlin was at Morgan Stanley where he was a Vice Chairman, Investment Banking, and a Managing Director in the Financial Institutions Group. During his investment banking career, he focused on providing strategic advice to a broad array of banks, finance, asset management and brokerage clients. Prior to joining Morgan Stanley, Mr. Shedlin was Chairman of Citi’s Financial Institutions Group and a Managing Director and Co-Head of the Financial Institutions Group at Lazard.

    Mr. Shedlin received a BA in Economics, summa cum laude, from Colgate University, where he was elected to Phi Beta Kappa, and his MBA from Harvard Business School.

  • Jeffrey A. Smith, PhD

    Jeffrey A. Smith, PhD

    Global Head of Human Resources

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    Jeff Smith is BlackRock’s global head of Human Resources and a member of the Global Executive Committee.

    In this capacity, Mr. Smith supports and advises the business, and the Board of Directors, on all aspects of its investment in people and culture and the management of organizational change. He oversees recruiting; compensation; employee benefits and policies; professional, management and leadership development; executive succession planning; and HR operations, technology and services. He also advises the business on the development of corporate diversity and philanthropy  strategies.

    Mr. Smith’s service with the firm dates back to 2006, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI he was Global Head of Human Resources. Prior to joining BGI, Mr. Smith was Vice President of People Development at Time Warner. Previously, he was a Senior Consultant at Personnel Decisions International, specializing in executive assessment, leadership development and executive coaching.

    Mr. Smith earned a BS degree in psychology from the University of Connecticut in 1992 and received a PhD in industrial-organizational psychology from Virginia Polytechnic Institute in 1997.

  • Derek N. Stein

    Derek N. Stein

    Global Head of Business Operations & Technology

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    Derek Stein is global head of BlackRock’s Business Operations & Technology group. This group is responsible for the firm’s worldwide operations across all asset classes and geographies. The operational functions are aligned with clients, products, fund structures and our third party provider networks. He also serves as a member of BlackRock’s Global Executive Committee and is president and CEO of BlackRock Institutional Trust Company.

    Mr. Stein’s service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI Mr. Stein served as Chief Information Officer, responsible for all aspects of BGI’s operations and technology services. Before joining BGI, Mr. Stein was an executive vice president at Knight Capital, which he joined in 2001, overseeing operations, services, technology, strategy and risk management. In addition, he led Knight’s Electronic Services business. Prior to that, Mr. Stein spent 10 years with Merrill Lynch & Co. where he was a senior director responsible for the management and coordination of Merrill Lynch’s institutional global services organization across fixed income and equities, infrastructure investments and e-commerce operations.

    Earlier, he spent several years as a senior manager with Ernst and Young’s capital markets and banking management consulting practice. Before moving to the U.S. from South Africa, Mr. Stein managed a long/short equity fund and was a practicing Chartered Accountant and CPA.

    Mr. Stein earned a BA degree in computer science in 1982 and an MS degree in finance in 1984, both from the University of Witwatersrand in South Africa.

  • Ryan Stork

    Ryan Stork

    Head of Asia Pacific

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    Ryan Stork is chairman and head of Asia Pacific for BlackRock, based in Hong Kong. In this role he is responsible for a wide-ranging portfolio in markets across the region that includes greater China, Japan, Australia, Singapore, India and South Korea. He is a member of BlackRock's Global Executive Committee.

    In his previous role as Head of the Aladdin® client business, Mr. Stork drove rapid expansion of the business globally and broadened the platform’s international mix of clients. His role encompassed client relationships and business development as well as implementation and delivery of Aladdin services and its third-party investment-accounting business.

    Prior to taking over the Aladdin business, Mr. Stork was deputy head of BlackRock's Europe, Middle East and Africa institutional business from 2005 to 2008. Based in London, he spearheaded business development and client service across the region. From 1999 to 2005, Mr. Stork worked within the institutional business leading client service efforts for BlackRock's Financial Institutions Group.

    Before joining BlackRock in 1999, Mr. Stork was a portfolio manager at life insurance holding company PennCorp Financial Group, where he had oversight over asset allocation and external asset managers. He began his career in investments at Conning Asset Management.

    Mr. Stork is a Chartered Financial Analyst and a member of the New York Society of Financial Analysts. He graduated from the University of Massachusetts, Amherst, with a BA degree in finance.

  • Mark K. Wiedman

    Mark K. Wiedman

    Global Head of ETF and Index Investments

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    Mark Wiedman, Senior Managing Director, is Global Head of iShares and Index Investments, and a member of BlackRock’s Global Executive Committee.

    Mr. Wiedman joined BlackRock in 2004 to help start what became the Financial Markets Advisory Group. This group advises financial institutions and central banks on capital markets exposures. Mr. Wiedman then led Corporate Strategy for BlackRock, before moving to iShares in 2011.

    Before BlackRock, he was senior advisor for the Under Secretary for Domestic Finance at the US Treasury, and a management consultant at McKinsey. He has taught law at Renmin University in Beijing, and lectured on finance at Princeton, Stanford, and Yale.

    Mr. Wiedman led BlackRock’s 2008 sponsorship of Penny Mac, a U.S. mortgage lender and servicer, and continues to serve on that company’s board (NYSE: PFSI). Mr. Wiedman earned an AB degree, Phi Beta Kappa, magna cum laude, in Social Studies from Harvard College in 1992, and a JD degree from Yale Law School in 1996.

  • Mark D. Wiseman

    Mark D. Wiseman

    Global Head of Active Equities and Chairman of BlackRock Alternative Investors

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    Mark is Global Head of Active Equities for BlackRock and Chairman of BlackRock Alternative Investors. A Senior Managing Director, he also serves as Chairman of the firm’s Global Investment Committee and on its Global Executive Committee.

    Mark joined BlackRock in 2016 from the Canada Pension Plan Investment Board (CPPIB) where he served as its President and CEO since 2012. Before becoming CEO, Mark was Executive Vice-President, Investments, for CPPIB and was responsible for managing all of the organization’s investment activities. He joined CPPIB in June 2005 as Senior Vice-President, Private Investments.

    Prior to joining CPPIB, Mark was responsible for the private equity fund and co-investment program at the Ontario Teachers’ Pension Plan. He has worked as an officer with Harrowston Inc., a publicly traded Canadian merchant bank, and as a lawyer with Sullivan & Cromwell, where he practiced in New York and Paris. He also served as a law clerk to Madam Justice Beverley McLachlin at the Supreme Court of Canada.

    Born in Niagara Falls, Ontario, Mark earned a bachelor’s degree from Queen’s University as well as a law degree and an MBA from the University of Toronto. He also was a Fulbright Scholar at Yale University, where he obtained a Master of Laws degree. Mark is a regular lecturer at the Harvard Business School and an adjunct professor at Tsinghua University.

    Mark is a member of the Advisory Council on Economic Growth, which advises the Canadian Finance Minister on economic policies to achieve long-term, sustainable growth. He is also the Chairman of the Focusing Capital on the Long Term initiative, which he co-founded. Mark serves on the boards of several non-profit organizations, including Sinai Health Services in Toronto, the Capital Markets Institute and the Dean’s Advisory Board at the Rotman School of Management, University of Toronto. Mark is a certified member of the Canadian Institute of Corporate Directors.