Is the Top Job at BlackRock About to Open Up?
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Monday, October 29, 2007

Is the Top Job at BlackRock About to Open Up?

Is Larry Fink moving to Merrill? With Stan O'Neal reportedly out as Merrill Lynch CEO, Fink's name has cropped up among the possible successors to O'Neal, who was reportedly negotiating the terms of his departure yesterday afternoon. A report in Monday's Wall Street Journal labeled Fink, whose firm is 49 percent owned by Merrill, "a top contender" to succeed O'Neal. Fink is said to be close to Merrill co-president Greg Fleming, who is himself a possible candidate for the job. There could be a power-sharing arrangement between Fink and Fleming, the report stated. Other names that have emerged to succeed O'Neal in the C-suite include NYSE Euronext CEO John Thain and Bob McCann, who runs Merrill's brokerage unit.

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