logo
  

BlackRock Names Martin Small CFO Succeeding Gary Shedlin, Effective 2023

BlackRock, Inc. (BLK) announced Monday the appointment of Martin Small as Chief Financial Officer, succeeding Gary Shedlin, effective in 2023.

Shedlin will transition his CFO responsibilities following the company's 2022 financial reporting processes, which is anticipated to be on or about March 1, 2023. He will then take on a new role as Vice Chairman working directly with key strategic clients of the firm.

Shedlin joined BlackRock in 2013 after serving as a long-time strategic advisor to the firm during his 25-year career as an investment banker.

Small, currently Head of BlackRock's U.S. Wealth Advisory business, will work with Shedlin in the interim to assure a smooth transition.

Small has been the head of the U.S. Wealth Advisory business for the past four years. He previously served as head of iShares in the U.S. and Canada and in leadership roles for BlackRock's Financial Markets Advisory unit. Small joined BlackRock in 2006 in its Legal & Compliance team.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ride-hailing and delivery platform Uber Technologies, Inc. reported Wednesday weak profit in its fourth quarter, while adjusted EBITDA surged from last year with strong revenue growth above market view. Gross bookings increased and the company projects higher gross bookings in the first quarter. Nelson Chai, CFO, said the company significantly exceeded profitability outlook in 2022, ... Societe Generale Group reported Wednesday a weak profit in its fourth quarter, despite higher net banking income. Further, the French Financial services major proposed a dividend and around 440 million euros share buyback program. The company also confirmed fiscal 2025 financial targets. City of Industry, California-based Titans Global Inc. is recalling certain JSJ branded cakes citing potential to contain undeclared eggs, a known allergen, the U.S. Food and Drug Administration said. The recall involves its 95g packages of JSJ Chocolate Cake, JSJ ZSR Cake, and JSJ DMC Leaf Cake food treats.
Follow RTT