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BlackRock CEO Fink trains successors, with no imminent plan to retire

BlackRock CEO Larry Fink has been preparing five potential successors for his role, according to the Wall Street Journal. Fink and President Robert Kapito have been training the candidates for "The Great Race" to choose a successor, which Fink has described as his "No. 1 priority". The contenders are Mark Wiedman, Rob Goldstein, Martin Small, Rachel Lord, and Salim Ramji. Fink did not give a specific timeline for his retirement, but stated that he would prefer not to be at BlackRock in his late 70s.

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