BlackRock names London-based executive as new stewardship chief [Reuters (UK)]
BlackRock, Inc. (BLK)
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Source: Reuters
BlackRock names London-based executive as new stewardship chief - Reuters 2 Min Read BOSTON (Reuters) - BlackRock Inc ( BLK.N ) on Thursday said it named London-based financial executive Sandy Boss as its new head of investment stewardship, bringing a more international structure to the top asset manager’s voting on topics like climate change and social issues. Boss, an American, will remain in London and take over duties previously held by the company’s vice-chair Barbara Novick, who is stepping back from her day-to-day roles, according to a memo from the firm’s Chief Executive Larry Fink provided by a spokesman. Boss is currently member of a risk committee for the Bank of England and a director of two public companies, according to BlackRock and to her LinkedIn profile. Under Novick, BlackRock - with roughly $7 trillion in assets under management - largely took a behind-the-scenes approach in its dealings with the large companies in its portfolios. But under pressure from activist
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