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BlackRock Vice Chairman Barbara Novick to step down: WSJ

Fargo, ND, USA / The Mighty 790 KFGO | KFGO
Thomson Reuters
Feb 26, 2020 | 6:20 AM

(Reuters) – BlackRock Inc Vice Chairman Barbara Novick will step down from her day-to-day duties at the asset manager, the Wall Street Journal reported on Wednesday, citing an internal memo.

Novick, 59, will help pick her successors and become a senior adviser at the firm, according to the report https://www.wsj.com/articles/blackrock-power-broker-barbara-novick-is-stepping-down-11582718402?mod=searchresults&page=1&pos=2.

BlackRock did not immediately respond to Reuters’ request for comment.

(Reporting by Abhishek Manikandan in Bengaluru; Editing by Anil D’Silva)
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