People Moves
BlackRock Bolsters Board Of Directors
New York-listed BlackRock
has added Fabrizio Freda and Jessica Einhorn to its board of
directors, effective immediately and as of October respectively.
Freda is president
and chief executive of the Estée Lauder companies, and Einhorn
has previously worked
at the World Bank for 20 years, concluding her time there as
managing director.
Laurence Fink,
BlackRock chairman and CEO, said in a statement that Freda will
bring “valuable insights on running
a large company with diverse worldwide operations and powerful
consumer
brands”. Meanwhile, Einhorn will add to the board’s experience
with her
expertise in international finance, economic development and
public policy,
Fink said.
Einhorn’s
former roles also include positions at the US Treasury, the US
State Department
and the International Development Cooperation Agency of the US.
She has also
been a director of Time Warner, and also serves as a
director of the Peterson
Institute for International Economics and the National Bureau of
Economic Research.
At the end of June, BlackRock's assets under management totalled $3.56 trillion.
