BlackRock invests in new CFO: Ann Marie Petach
BlackRock has announced that Ann Marie Petach was named Chief Financial Officer and a member of the Company’s Executive Committee.Ann Marie joined BlackRock last year as global head of Business Finance. Prior to joining BlackRock, Ms. Petach was Vice President and Treasurer of Ford Motor
Company. Ms. Petach earned a BA degree in business and Spanish from
Muhlenberg College in 1982 and an MBA degree from Carnegie Mellon University in 1984.
BlackRock is one of the world’s largest publicly traded investment management firms. At March 31, 2008, BlackRock’s AUM was $1.364 trillion. The firm manages assets on behalf of institutions and individuals worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, a growing number of institutional investors use BlackRock Solutions® investment system, risk management and financial advisory services. Headquartered in New York City, as of March 31, 2008, the firm has approximately 5,600 employees in 19 countries and a major presence in key global markets, including the U.S., Europe, Asia, Australia and the Middle East.