Investing.com — Mark Wiedman, BlackRock Inc’s (NYSE: ) top executive and potential successor to CEO Larry Fink, has decided to leave the world’s largest asset management company, Bloomberg reported on Tuesday.
Wiedman, who has been with the firm for 20 years and currently heads the global client business, wants to explore opportunities outside of BlackRock, the report said, citing people familiar with the situation.
BlackRock is expected to promote several executives in response to this departure, and these changes are expected to happen as early as this week, the report said.
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