BlackRock, the world's largest money manager, is reorganizing its senior management, shifting at least 10 senior executives into new or different roles, according to an internal memo seen by Reuters ... more 
BlackRock, the world's largest money manager, is reorganizing its senior management, shifting at least 10 senior executives into new or different roles, according to an internal memo seen by Reuters on Sunday. Both Larry Fink, chief executive and chairman of BlackRock, which has more than $4 trillion in assets under management, and Rob Kapito, president, will stay in their roles. Charlie Hallac, who while not a founding member of BlackRock but was the company's first employee in 1988, will become co-president. BlackRock is scheduled to report its first quarter financial results on April 17. less 
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Sun, Apr 6, 2014 7:40 PM EDT