Tag Archives: Larry
BlackRock CEO Larry Fink appointed as WEF interim co-chair
Global Finance Heavyweight Larry Fink Appointed WEF Interim Co-Chair
LONDON — Larry Fink, the Chairman and Chief Executive of BlackRock, the world’s largest asset manager, has been appointed as an interim co-chairman of the World Economic Forum (WEF). The appointment, announced on Friday, sees Fink take on the influential role alongside André Hoffmann, the vice chairman of Swiss healthcare giant Roche Holding.
The move comes at a pivotal and tumultuous time for the global economy, marked by geopolitical fragmentation and rising protectionism. Fink’s appointment is part of a broader governance overhaul for the WEF, which organises the high-profile annual meeting of global leaders in Davos. The leadership change follows a recent internal review that cleared the organisation’s founder, Klaus Schwab, of any material wrongdoing. Schwab had stepped down from his position as head of the WEF's board...
Larry Ellison’s massive net worth, Huawei’s new smartphone, and the WeWork founder’s crypto bust: Business news roundup
Business new tamfitronics Photo: Aubrey Gemignani/NASA (Getty Images), Richard Baker/In Pictures (Getty Images), Phillip Faraone (Getty Images), Kevin Frayer (Getty Images), Aubrey Gemignani/NASA (Getty Images), Kelly Sullivan for the WeWork Creator Awards (Getty Images), Chesnot (Getty Images), Michael M. Santiago (Getty Images), Image: Smith Collection/Gado / Contributor (Getty Images)Back where it belongs. Photo: Aubrey Gemignani/NASA (Getty Images)An Airbus A220 with a Pratt & Whitney PW1500G enginePhoto: Richard Baker/In Pictures (Getty Images)Oracle co-founder and chairman Larry Ellison at the Rebels With A Cause Gala 2019 on October 24, 2019 in Los Angeles, California.Photo: Phillip Faraone (Getty Images)The artificial intelligence boom has sent some shares and net worths soaring this year, including that of Oracle (ORCL) and its co-founder, Larry Ellison. Read MorePeople line up to buy or reserve a Mate 60 smartphone and other products outside...