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  "documentTitle": "BlackRock (BLK)",
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  "authorName": "Giuseppe Bivona and Marco Taricco",
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  "notes": "Includes a specific reference to 'Caesar's wife' idiom regarding the necessity of being beyond suspicion in governance roles.",
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      "text": "The Lead Independent Director, especially in a dual Chairman and CEO role, should be like 'Caesar's wife' - beyond suspicion.",
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      "text": "Bluebell Capital Partners had repeatedly asked to BlackRock’s Board to replace the Lead Independent Director. This timing suggests a questionable decision, seemingly aimed at dissuading Bluebell Capital Partners from presenting a motion to separate the Chairman and CEO roles.",
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      "text": "On November 7, 2023, Mr. Gerber announced the decision not to seek re-election. Then on March 28, 2024 BlackRock announced that Mr. Gerber will seek re-election at the next AGM and, if elected, he will remain Lead Independent Director for one additional year",
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      "text": "The Lead Independent Director, especially in a dual Chairman and CEO role, should be like ‘Caesar's wife’(1) - beyond suspicion. The current Lead Independent Director, Mr. Gerber, with 24 years on the Board, highlights BlackRock's lack of commitment to a true and effective independent oversight",
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      "text": "The decision to confirm Mr. Gerber in his role of Lead Independent Director, underscores the Board's lack of independent oversight, emphasizing the need to separate the roles of Chairman and CEO.",
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      "text": "With 24 years of tenure, Mr. Gerber cannot possibly be considered “independent” beyond any doubt. BlackRock’s standard of governance has been damaged by this choice",
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      "text": "1. As per Svetonio “De vita Caesarum”: https://en.wiktionary.org/wiki/Caesar%27s_wife_must_be_above_suspicion.",
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      "text": "Extract from BlackRock 2024 Proxy Filing showing Murry S. Gerber, Age 71, Director since 2000.",
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      "text": "Lack of independence of the Lead Independent Director",
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