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BlackRock Executive Ousted for Failing to Disclose Personal Relationship
“A contender for the top job at BlackRock Inc. was ousted from the money-management giant for failing to disclose a relationship with an employee who reported to him, the latest high-profile instance of executive misconduct at a major U.S. company. Mark Wiseman rose from Canada's public-pension world to become a protégé to BlackRock chief Laurence Fink. The firm on Thursday said in an internal memo that he was departing the company for violating policies. Mr. Wiseman is the second high-ranking BlackRock executive to leave the firm in recent months due to breach of company policy.”
