BlackRock said its Chief Equity Strategist Bob Doll has decided to retire from the firm at the end of the month, but will stay on as an advisor to the firm through the end of 2012.
Doll said internally that he’s decided that now is the right time for him to shift priorities and move to the next chapter of his life – including devoting more time to his family, faith and philanthropic interests.
“Everyone at BlackRock is grateful for the contributions he’s made over the years and wish him the very best,” a BlackRock spokeswoman said.
Chris Leavy, BlackRock’s Chief Investment Officer of Fundamental Equities for the Americas, will assume portfolio management of BlackRock’s Large Cap Series portfolios along with Peter Stournaras, who has co-managed the Series since 2010.
- BlackRock’s Chief Equity Strategist: S&P Going to 1550 (wallstreetpit.com)
- Barclays to sell $6.1-billion BlackRock stake (theglobeandmail.com)
- Barclays to sell $6 billion BlackRock stake (news.yahoo.com)
- BlackRock’s Michelle Edkins behind wave of shareholder revolts (telegraph.co.uk)
- BOB DOLL: Don’t Get Confused, This Is STILL A Bull Market (businessinsider.com)