BlackRock Executive Mark Wiedman Resigns, Shaking Up Leadership Succession

Wiedman, long considered a leading candidate to succeed CEO Larry Fink, is leaving the firm after two decades of service.

Mark Wiedman, a senior BlackRock executive and potential successor to CEO Larry Fink, is departing the company to pursue external opportunities.
Wiedman has been with BlackRock for over 20 years, playing a key role in the growth of its ETF business and private markets expansion.
His departure follows a year of major acquisitions by BlackRock, including HPS Investment Partners and Global Infrastructure Partners, as the firm strengthens its private credit and infrastructure portfolios.
Larry Fink, BlackRock's 72-year-old CEO, has yet to name a clear successor, with other candidates including COO Rob Goldstein and CFO Martin Small.
This marks the second high-profile executive exit in recent years, after Salim Ramji, another potential successor, left for Vanguard in 2024.