BlackRock’s Mark Wiedman departs, Bloomberg reports

Investing.com — Mark Wiedman, a top executive at BlackRock Inc (NYSE:)., and potential successor to CEO Larry Fink, has decided to leave the world’s biggest asset management company, Bloomberg reported on Tuesday.

Wiedman, who has been with the firm for 20 years and currently leads the global client business, is looking to explore opportunities beyond BlackRock, the report said, citing people familiar with the situation.

BlackRock is anticipated to promote several executives in response to this departure, with these changes expected to take place as early as this week, the report said.

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