NEW YORK--(BUSINESS WIRE)--
BlackRock, Inc. (NYSE: BLK) today announced that Charles H. “Chuck”
Robbins, Chief Executive Officer of Cisco Systems, Inc. (“Cisco”), has
been nominated to join BlackRock’s Board of Directors. Mr. Robbins will
be included as a nominee in BlackRock’s 2017 proxy statement and if
elected by shareholders, he will join the Board as an independent
director following the company’s Annual Meeting on May 25.
“Throughout his career, Chuck has helped global corporations navigate a
world being reshaped by technological advancement,” said Laurence D.
Fink, BlackRock Chairman and CEO. “At BlackRock, technology is rapidly
transforming how we invest, measure risk, distribute our products, and
run our operations. Embracing and driving that transformation has been a
key differentiator for BlackRock since our founding and remains core to
our future success.
“We have consciously developed our Board with an eye towards the future.
Since 2012, we’ve added five independent directors who bring fresh
perspectives and diverse skills and experiences to help shape the
company’s long-term growth strategy. Chuck brings a deep understanding
of technology’s promise to our Board at a crucial time for BlackRock.”
Chuck Robbins
Mr. Robbins serves as the Chief Executive Officer of Cisco and a member
of its board of directors. Prior to assuming this role in July 2015, he
was Senior Vice President of Cisco’s Worldwide Field Operations and led
its Worldwide Sales and Partner Organization where he helped drive and
execute many of Cisco’s investment areas and strategy shifts. He serves
as Chairman of the U.S.-Japan Business Council, Chair of the IT
Governors Steering Committee for the World Economic Forum and is a
Member of the International Business Council for the World Economic
Forum and The Business Roundtable.
About BlackRock
BlackRock is a global leader in investment management, risk management
and advisory services for institutional and retail clients. At December
31, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients
around the world 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®. As of December 31, 2016, the firm had
approximately 13,000 employees in more than 30 countries and a major
presence in 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
| Twitter: @blackrock_news
| Blog: www.blackrockblog.com
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ADDITIONAL INFORMATION AND WHERE TO FIND IT
BlackRock, Inc. (the “Company”), its directors and certain of its
executive officers and employees may be deemed to be participants in the
solicitation of proxies from shareholders in connection with the
Company’s 2017 Annual Meeting of Shareholders (the “2017 Annual
Meeting”). The Company plans to file a proxy statement with the
Securities and Exchange Commission (the “SEC”) in connection with the
solicitation of proxies for the 2017 Annual Meeting (the “2017 Proxy
Statement”). Additional information regarding the identity of these
potential participants and their direct or indirect interests, by
security holdings or otherwise, will be set forth in the 2017 Proxy
Statement and other materials to be filed with the SEC in connection
with the 2017 Annual Meeting. This information can also be found in the
Company’s definitive proxy statement for its 2016 Annual Meeting of
Stockholders (the “2016 Proxy Statement”), filed with the SEC on April
15, 2016, or the Annual Report on Form 10-K for the year ended December
31, 2016, filed with the SEC on February 28, 2017 (the “Form 10-K”). To
the extent holdings of the Company’s securities have changed since the
amounts printed in the 2016 Proxy Statement, such changes have been or
will be reflected on Statements of Change in Ownership on Form 4 filed
with the SEC.
SHAREHOLDERS ARE URGED TO READ THE 2017 PROXY STATEMENT (INCLUDING
ANY AMENDMENTS OR SUPPLEMENTS THERETO), 2016 PROXY STATEMENT, FORM 10-K
AND ANY OTHER RELEVANT DOCUMENTS THAT THE COMPANY HAS FILED OR WILL FILE
WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION.
Shareholders will be able to obtain, free of charge, copies of the 2017
Proxy Statement (when filed), 2016 Proxy Statement, Form 10-K and any
other documents filed or to be filed by the Company with the SEC in
connection with the 2017 Annual Meeting at the SEC’s website (http://www.sec.gov)
or at the Company’s website (http://www.blackrock.com)
or by writing to the Company’s Secretary at BlackRock, Inc., 55 East
52nd Street, New York, New York 10055.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170405006136/en/
BlackRock, Inc.
Investor Relations
Tom Wojcik,
212-810-8127
Tom.Wojcik@BlackRock.com
or
Media
Relations
Ed Sweeney, 646-856-4968
Ed.Sweeney@BlackRock.com
Source: BlackRock, Inc.