BlackRock, Inc. (BLK) announced that Susan Wagner is retiring from her position as Vice Chairman of the company and has been elected to BlackRock's Board of Directors. Wagner was a Founding Partner of BlackRock.
The company said that she will retire at the end of this month and take her seat on the Board at the October meeting. She will also continue to serve as a Director of DSP BlackRock Investment Managers, the firm's joint venture in India.
In addition to serving as a Vice Chairman of BlackRock, Wagner serves as a member of BlackRock's Global Executive Committee and Global Operating Committee. She previously served as BlackRock's Chief Operating Officer or COO and Head of Corporate Strategy, and led BlackRock's international client and alternative investments businesses, the company stated.
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