General World News

A top BlackRock exec was fired after having a relationship with a subordinate

Mark Wiseman

  • One of BlackRock’s top execs, who was touted to take the top job from CEO Larry Fink, was fired for failing to disclose a consensual relationship with a fellow employee.
  • The Wall Street Journal reported Wiseman, head of active equities and chair of alternatives, was fired for failing to comply with company policy.
  • “I engaged in a consensual relationship with one of our colleagues without reporting it,” Wiseman said in a firm memo Thursday, seen by the Journal. “I regret my mistake and I accept responsibility for my actions,” he added.
  • Wiseman’s firing is the second high-profile termination this year for read more >>>

    Source:: BusinessInsider.Com