NEW YORK--(BUSINESS WIRE)--
BlackRock, Inc. (NYSE:BLK) today announced that Cheryl D. Mills, former
Counselor and Chief of Staff to Secretary of State Hillary Clinton, has
been elected to the Company’s Board of Directors. Ms. Mills, who left
the U.S. Department of State in February 2013, will join the Board on
November 20th as an independent director.
Laurence D. Fink, BlackRock Chairman and CEO, said, “For nearly two
decades, Cheryl has been an extraordinary advisor to the highest levels
of government. She brings unique insight in public policy, international
diplomacy and economic development that will add further dimension and
breadth to our already well-regarded Board of Directors. Throughout her
career, she has held important positions in business and has proven her
capabilities in a rapidly expanding and changing marketplace. She will
make an exceptional addition to our Board.”
While at the U.S. Department of State, Ms. Mills was a counselor and
advisor on major foreign policy challenges and operational priorities.
As a vocal public advocate for relief and development efforts in Haiti,
she structured and led a significant public-private partnership that
resulted in the development of one of the largest industrial parks in
the Caribbean.
Previously, Ms. Mills was with New York University from 2002 to 2009
where she was Senior Vice President for Administration and Operations
and as General Counsel. During her tenure, Ms. Mills convened strategic
partners and negotiated the structure, framework, terms and conditions
for the University’s campus in the United Arab Emirates – one of the
first full degree-granting American campuses abroad. She also served as
Secretary of the University’s Board of Trustees. From 1999 to 2001, Ms.
Mills was Senior Vice President for Corporate Policy and Public
Programming at Oxygen Media, where she oversaw public policy,
communications and philanthropic and community initiatives, as well as
Oxygen’s legal and political programming.
Prior to joining Oxygen, Ms. Mills was Deputy Counsel to President
Clinton and served as a key advisor. She was the White House Associate
Counsel and served as an Associate at the Washington D.C. law firm of
Hogan & Hartson.
During her professional career, Ms. Mills has served on several
corporate boards, including: Cendant Corporation, a consumer real estate
and travel conglomerate, from 2000 to 2006; and Orion Power, an
independent electric power generating company, from 2000 to 2002. She
has also served on the boards of various nonprofits, including the
National Partnership for Women and Families, the Leadership Conference
for Civil Rights Education Fund, the Jackie Robinson Foundation, the
Center for American Progress, SeeForever Foundation and the William J.
Clinton Presidential Library Foundation (not-for-profit).
With the addition of Ms. Mills, BlackRock’s Board of Directors will
expand to 19 members, including 13 independent directors.
About BlackRock
BlackRock is a leader in investment management, risk management and
advisory services for institutional and retail clients worldwide. At
June 30, 2013, BlackRock’s AUM was $3.857 trillion. BlackRock helps
clients meet their goals and overcome challenges with a range of
products that include separate accounts, mutual funds, iShares®
(exchange-traded funds), and other pooled investment vehicles. BlackRock
also offers risk management, advisory and enterprise investment system
services to a broad base of institutional investors through BlackRock
Solutions®. Headquartered in New York City, as of June 30, 2013, the
firm had approximately 10,700 employees in 30 countries and a major
presence in key global markets, including North and South America,
Europe, Asia, Australia and the Middle East and Africa. For additional
information, please visit the Company's website at www.blackrock.com

BlackRock, Inc.
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212-810-5596
brian.beades@blackrock.com
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tom.wojcik@blackrock.com
Source: BlackRock, Inc.