A top BlackRock exec was fired after having a relationship with a subordinate

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A top BlackRock exec was fired after having a relationship with a subordinate
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'I engaged in a consensual relationship with one of our colleagues,' said Mark Wiseman, who had been touted as a potential successor to CEO Larry Fink.

One of BlackRock's top execs, who was touted to take the top job from CEO Larry Fink, was fired for failing to disclose a consensual relationship with a fellow employee. The Wall Street Journal reported Wiseman, head of active equities and chair of alternatives, was fired for failing to comply with company policy. "I engaged in a consensual relationship with one of our colleagues without reporting it," Wiseman said in a firm memo Thursday, seen by the Journal.

One of BlackRock's top execs, who was touted to take the top job from CEO Larry Fink, was fired for failing to disclose a consensual relationship with a fellow employee. The Wall Street Journal reported Wiseman, head of active equities and chair of alternatives, was fired for failing to comply with company policy. "I engaged in a consensual relationship with one of our colleagues without reporting it," Wiseman said in a firm memo Thursday, seen by the Journal.

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