BlackRock elevates executive behind fast-growing ETF unit: memo

BlackRock Inc is giving the executive behind the company’s key iShares brand a job overseeing strategy, marketing and international businesses as the world’s largest asset manager grooms possible successors to Chief Executive Larry Fink. Mark Wiedman, who has led the company’s fast-growing index investing unit, will take the title head of international and of corporate strategy, Fink said in a memo seen by Reuters on Wednesday. Wiedman will be reporting to F

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Source:: Reuters – Business News