BlackRock CEO retirement age: Fink to step down in 2023

Larry Fink, BlackRock's longtime CEO, will retire in 2023, the company announced on Thursday. Fink, 69, has led BlackRock since its founding in 1988. He will be succeeded by Rob Kapito, the firm's president and chief operating officer, who Fink.

Fink's retirement is a major event in the financial world. BlackRock is the world's largest asset manager, with over $10 trillion in assets under management. Under Fink's leadership, BlackRock has become a dominant force in the asset management industry.

Fink is a highly respected figure in the financial world. He is known for his innovative and forward-thinking approach to the asset management industry. He has also been a strong advocate for sustainability and corporate social responsibility.

Fink's retirement is a reminder that even the most successful people eventually have to step down. It is also a reminder that change is a constant in the world of finance. BlackRock will undoubtedly face challenges in the years to come, but it is well-positioned to continue to succeed under Fink's successor, Rob Kapito.

• Fink's retirement is a major event in the financial world.
• BlackRock is the world's largest asset manager, with over $10 trillion in assets under management.
• Fink is a highly respected figure in the financial world.
• Fink's retirement is a reminder that even the most successful people eventually have to step down.
• It is also a reminder that change is a constant in the world of finance.