From Yahoo Finance: 2025-06-12 13:22:00

BlackRock CEO Larry Fink reassures investors he is not leaving the company soon. Succession plans are in question as potential successors exit. BlackRock is shifting towards private markets with over $28 billion in acquisitions last year.

Fink aims to grow BlackRock’s revenue to over $35 billion by 2030. Stock slightly down but up 29% in the past year. Analysts emphasize the importance of clear succession plans given the firm’s strategic shifts. Fink believes ambitious goals are achievable.

Investors closely watch BlackRock’s execution of new acquisitions. Fink and President Rob Kapito prioritize developing the next generation of leaders. The firm aims to double its operating income and market capitalization. Succession plans under scrutiny amid recent high-profile exits.

Read more: ‘I’m not planning to leave BlackRock anytime soon’