Martin Small will succeed BlackRock’s current CFO Gary S. Shedlin next year. Credit: Christopher Gower Unsplash.

American asset management giant BlackRock has appointed Martin Small as its new chief financial officer (CFO).

Small, who joined BlackRock’s legal and compliance team in 2006, will succeed the company’s current CFO Gary Shedlin next year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

He is currently serving as the head of the company’s US Wealth Advisory business.

Small assumed the current role at the company four years back. Earlier, he was the head of BlackRock’s iShares business in the US and Canada. He also led BlackRock’s Financial Markets Advisory arm.

To ensure a smooth transition, Shedlin will transfer his responsibilities to Small once the company ends its financial reporting processes for this year.

BlackRock plans to complete the reporting by March next year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Following the transition of roles, Shedlin will assume his new position of vice chairman and will work with the firm’s major strategic clients.

Shedlin has been associated with BlackRock since 2013 after serving as an outside strategic advisor to the firm.

BlackRock chairman and CEO Laurence Fink said: “Gary has been involved with – and a friend of – BlackRock for many years: first as our outside financial advisor and for the past decade as our CFO.

“As an investment banker, he played a key role in our most transformational transactions. And as CFO, Gary has helped lead BlackRock through a crucial decade of the firm’s history.”

Fink added: “As Martin steps into this new role as CFO, BlackRock and our shareholders will benefit from his broad understanding of the firm, sharp intellect and years of experience working with our clients in charting the path forward.”