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Whither BlackRocks Larry Fink, now hes been passed over for the job as Merrill CEO?

April 26, 2017blackrock CEO Job Merrill

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Whither BlackRocks Larry Fink, now hes been passed over for the job as Merrill CEO?

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The status quo ante will probably hold for the time being. Fink reportedly feels “sandbagged” by Merrill, which owns 49% of his company. So if he’s offered a job by, say, Citigroup, he’ll take it. But his unvested stock and options tie him closely to BlackRock, where he is right now.