A potential heir to the top job at BlackRock Inc. has been ousted from the money-management giant for failing to disclose a relationship with a colleague. Mark Wiseman rose from Canada’s public-pension world to become a protégé to BlackRock’s chief executive, Laurence Fink. He was terminated for violating company policy. BlackRock requires employees to disclose any relationships—whether they are with direct subordinates or with other colleagues—to the company.

Source: Wall Street Journal December 05, 2019 14:03 UTC