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  "documentTitle": "BlackRock (BLK)",
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  "authorName": "Giuseppe Bivona & Marco Taricco",
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      "text": "Legions of lawyers hired by BlackRock’s BoD, paid with shareholders’ money, will not be able to convince anyone that, from a substantive perspective, Director Ms. Wagner does not have a material relationship with BlackRock’s senior executives, hence is not independent.",
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      "text": "Legions of lawyers hired by BlackRock's BoD, paid with shareholders' money, will not be able to convince anyone that, from a substantive perspective, Director Ms. Wagner does not have a material relationship with BlackRock's senior executives, hence is not independent.",
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      "text": "Director Ms. Wagner has a long-standing professional relationship ranging from 13 to 36 years with fifteen members of BlackRock’s Global Executive Committee (out of twenty-four, i.e. 63% of total) as those fifteen senior managers were colleagues of Director Ms. Wagner before she retired in 2012",
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      "text": "Director Ms. Wagner has a 36 year professional relationship with Director Mr. Fink (Chair/CEO) and Director Mr. Kapito (President), as the three of them co-founded BlackRock with others in 1988, when Ms. Wagner was at the age of 26",
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      "text": "According to SEC filing dated 22 February 2024(1), Director Ms. Wagner owns a nominal of 427,877 of BlackRock common stock with a value of approx. USD 348 million, presumably granted to her by BlackRock as compensation",
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      "text": "Director Ms. Wagner worked at BlackRock from 1988 to 2012 and at time of retirement (12 June 2012) she was appointed Director",
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      "text": "During her career, Director Ms. Wagner held the positions of Chief Operating Officer and Head of Corporate Strategy. Director Ms. Wagner, who was also a member of BlackRock’s Global Executive Committee, retired in 2012 as Vice Chairman - a role she held since 2006.",
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      "text": "Under NYSE rules Director Ms. Wagner does not qualify as 'independent' as she has a material relationship with BlackRock (i.e. its management)",
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      "text": "1. SEC Form 4, 26 February 2024: http://pdf.secdatabase.com/400/0001127602-24-006973.pdf",
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