1. Blackrock CEO Larry Fink Explains Why he Won't Pick an 'Heir Apparent' to take Over his Job

    Blackrock CEO Larry Fink Explains Why he Won't Pick an 'Heir Apparent' to take Over his Job

    As the CEO and chairman of BlackRock, an investment manager with $5.1 trillion in assets under management, Larry Fink is one of the most influential people in finance.

    At 64, he plans on retiring at some point in the next 10 years, but as he told Bloomberg Markets in a recent interview, he hasn't picked out a successor from among his leadership team. In a way, the choice to not pick a successor early is his succession plan...

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