UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 17, 2023
BLACKROCK, INC.
(Exact name of registrant as specified in its charter)
DELAWARE | 001-33099 | 32-0174431 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
50 Hudson Yards, New York, New York | 10001 | |||
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (212) 810-5300
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of exchange on which registered | ||
Common Stock, $.01 par value | BLK | New York Stock Exchange | ||
1.250% Notes due 2025 | BLK25 | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 17, 2023, the Board of Directors (the “Board”) of BlackRock, Inc. (the “Company”) elected Amin H. Nasser to serve as a director of the Board. Mr. Nasser is joining the Board as an independent director.
Mr. Nasser has served as the President and Chief Executive Officer of Saudi Arabian Oil Company (“Aramco”) since 2015. He also serves as a member of the Aramco Board of Directors. Mr. Nasser joined Aramco in 1982.
Neither Mr. Nasser, nor any of his immediate family members, is a party, directly or indirectly, to any related person transaction required to be reported pursuant to Item 404(a) of Regulation S-K. Mr. Nasser will be appointed to one or more Board committees following a review of the Board’s existing committee composition. Until then, he will rotate through each Board committee. Mr. Nasser will participate in the Company’s standard compensation program for non-employee directors.
The Company issued a press release on July 17, 2023 announcing the director election described above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 8.01 | Other Events. |
Bader M. Alsaad informed the Company of his desire not to stand for re-election to the Board at the Company’s 2024 Annual Meeting of Shareholders. Mr. Alsaad’s decision was not due to any disagreement with the Company, the Company’s management or the Board. Mr. Alsaad will serve out the remainder of his term, which will end at the Company’s 2024 Annual Meeting of Shareholders.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit | Description | |
99.1 | Press Release issued by the Company on July 17, 2023. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BlackRock, Inc. | ||||||
(Registrant) | ||||||
By: | /s/ R. Andrew Dickson III | |||||
Date: July 17, 2023 | R. Andrew Dickson III | |||||
Managing Director and Corporate Secretary |