By Jessica Toonkel
NEW YORK, June 22 (Reuters) – Robert Capaldi, who served as
senior client strategist for BlackRock Inc Chairman and
Chief Executive Laurence Fink, left the firm on June 1, a source
familiar with the move said on Friday.
His position will not be filled, according to the source who
declined to be identified because the person is not allowed to
talk to the press about personnel matters.
Capaldi headed BlackRock’s U.S. and Canadian institutional
business until November 2010. He joined BlackRock in 1997 from
RogersCasey, where he was director of fixed income research,
according to a BlackRock biography found online.
A company spokeswoman declined to comment.
Capaldi is one of a number of executives to leave BlackRock
over the past few weeks. Two weeks ago, the New York-based asset
manager said Robert Doll, chief equity strategist at the firm,
will retire at the end of the month.
On Wednesday, the firm said BlackRock founding partner Susan
Wagner was retiring as vice chairman.
And on Thursday, it said portfolio manager Daniel Rice was
leaving, citing the appearance of a potential conflict of
interest involving his family business and holdings in the
firm’s energy mutual funds, which he co-managed.
