BlackRock Board of Directors: A Who's Who of Corporate Leadership

BlackRock, Inc. is the world's largest asset manager, with $10 trillion in assets under management as of June 2023. The company was founded in 1988 by Larry Fink, who remains the chairman and chief executive officer. BlackRock's board of directors is composed of 13 members, including Fink.

Members of the Board of Directors

Responsibilities of the Board of Directors

The board of directors is responsible for overseeing the management of BlackRock and ensuring that the company is run in the best interests of its shareholders. The board's specific responsibilities include:

• Setting the company's strategic direction
• Approving the company's annual budget
• Overseeing the company's financial performance
• Hiring and firing the company's CEO
• Ensuring that the company complies with all applicable laws and regulations

The Importance of the Board of Directors

The board of directors plays a vital role in the success of BlackRock. The board's members are experienced business leaders who bring a wealth of knowledge and expertise to the company. The board's oversight helps to ensure that BlackRock is managed in a sound and responsible manner.

Challenges Facing the Board of Directors

The board of directors of BlackRock faces a number of challenges, including:

• The increasing complexity of the global financial markets
• The need to balance the interests of different stakeholders
• The need to comply with a growing number of laws and regulations

Despite these challenges, the board of directors remains committed to serving the best interests of BlackRock and its shareholders.