A new product chief is taking over in a key BlackRock
] unit following the retirement of a company veteran.
| Daniel Basile|
Director, Head of Defined Contribution Product Management & Implementation
has been promoted to director and head of defined contribution product management, reporting directly to U.S. and Canada DC chief Anne Ackerley
, our sister publication 401kWire reports
. Basile's predecessor and former boss, San Francisco-based Bob Gain
, retired from BlackRock last month.
could not reach Gain for comment for this story. Basile referred inquiries to a company spokesperson, who declined to comment.
Basile's promotion and Gain's retirement were not the only big changes
in BlackRock's DC leadership in recent months.
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