Laurence D. Fink

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Laurence D. Fink is the Chairman & Chief Executive Officer of BlackRock Financial Management Inc. Popularly known as Larry, he started his career at First Boston upon graduating from the University of California Los Angeles. Larry earned an MBA at the UCLA Anderson Graduate School of Management (then known simply as the UCLA Graduate School of Management) in 1976. After moving on to heading First Boston's Bond Department, Larry was instrumental in the creation and evolution of the mortgage-backed security market in the United States.

In 1989, Larry and some friends went out on their own to start BlackRock, an investment management firm that today manages in excess of $400 billion. In the past, he has been in the news for being considered the top candidate to replace departing Morgan Stanley CEO, Philip Purcell. These talks fell through, however, and shortly thereafter a deal was unveiled in which Merrill Lynch would merge its money management business under BlackRock, resulting in a firm managing nearly $1 trillion in assets.

Larry Fink also serves on the Board of Trustees of New York University.

Nickname: LD

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