Susan L. Wagner, a founding partner of BlackRock, is retiring as a Vice Chairman of BlackRock and has been elected to BlackRock’s Board of Directors. She will retire at the end of this month and take her seat on the Board at the October meeting.

She also will continue to serve as a Director of DSP BlackRock Investment Managers, the firm’s joint venture in India.

In a statement, Laurence D. Fink, chairman and chief executive officer of BlackRock, said Wagner has “spearheaded every critical corporate transaction in our history and played a pivotal role in the genesis of many of the businesses that have become central to our success”.

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