C-suite

Scandals and frayed relations with much of Washington have dragged on the stock for more than three years.

The Iowa Public Employees’ Retirement System is yanking the $386 million it has invested after the billionaire made vulgar comments at an industry conference.

The country’s biggest RIA has already lost nearly $1 billion after its founder made inappropriate comments.

The decommissioning of redundant measures outweighed the creation of new benchmarks, according to a new report from the Index Industry Association.

Inspired by the founder’s unique vision, this journalist leaped to the business side.

The organization is focusing its efforts on diversity, technology and creative product development in 2020, says Jim Fitzpatrick, president and CEO of the group.

Bill Mahler had been chairman of the firm’s equity capital markets and equity asset management units. He was also on the executive committee.

“We need someone with a deep understanding of BlackRock, our business and, above all, our culture,” CEO Larry Fink wrote in a memo.

Among the honors this year by NICSA are awards for operational excellence, and advances in product development and technology.

For its annual NOVA awards, NICSA recognized asset managers and executives for operational excellence and product development.