Mark Wiedman, a prominent executive at BlackRock who was previously seen as a potential candidate to succeed CEO Larry Fink, is set to depart from the firm, according to various media outlets referencing sources knowledgeable about the situation.
At 54, Wiedman—head of global client business and a two-decade veteran of BlackRock—has decided to explore opportunities beyond the company, as per the reports.
Additionally, it is anticipated that BlackRock will elevate several executives to new positions by the close of the week.
