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BlackRock Plans to Add Three Executives as Independent Directors

Following the shareholder meeting, BlackRock will have a total of 18 members on its board, including five women.

By Sabrina Willmer

(Bloomberg) --BlackRock Inc., the world’s largest asset manager, is adding three executives to its board as independent directors.

The firm elected Margaret Johnson, executive vice president of business development at Microsoft Corp., Mark Wilson, chief executive of Aviva Plc, and William Ford, chief executive of General Atlantic. Following the shareholder meeting, BlackRock will have a total of 18 members on its board, including five women.

Two BlackRock directors, Abdlatif Al-Hamad and James Grosfeld, will not stand for re-election, according to a statement issued Thursday.

 
To contact the reporter on this story: Sabrina Willmer in Boston at [email protected] To contact the editors responsible for this story: Margaret Collins at [email protected] Alan Mirabella, Josh Friedman

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