Beth Ford and Kristin Peck have been appointed as independent directors by BlackRock. They come from Land O'Lakes and Zoetis, respectively. Jessica Einhorn has decided not to run for re-election to the company's board of directors at the 2022 Annual Meeting of Shareholders.

BlackRock, Inc. has appointed as independent directors Beth Ford, President and Chief Executive Officer of Land O'Lakes, Inc., and Kristin Peck, Chief Executive Officer of Zoetis Inc.

"Beth and Kristin are recognised leaders in their respective industries, and they bring a wide range of valuable perspectives and experiences that will help BlackRock and the Board navigate the future,"

said Laurence D. Fink, Chairman and CEO of BlackRock.

Key to that future is a mindset that embraces and accounts for our impact on all stakeholders - exactly what Beth champions through the Land O' Lakes cooperative framework, which cares deeply about the company's impact on all of its stakeholders, including shareholders, the agriculture community, and employees. Beth is also a well-known and influential voice on critical issues such as climate change, immigration, infrastructure, and trade, and we look forward to hearing from her.

Kristin is an exceptional executive who understands how to use technology and science to drive innovation, having spent years at Pfizer and now Zoetis. A similar, relentless focus on innovation and always evolving ahead of our clients' future needs is at the heart of BlackRock's success. Kristin's customer-focused approach and ability to transform Zoetis into a global leader in animal health and sustainability will make her an invaluable asset to the BlackRock board. We are delighted to have Beth and Kristin on our Board and look forward to their advice and counsel.

Jessica P. Einhorn, a member of the BlackRock board of directors since 2012, has decided not to run for re-election at the company's 2022 Annual Meeting of Shareholders.

"Jessica has distinguished herself on the BlackRock board." "She has made a significant contribution to the global expansion of BlackRock, and we are grateful for her service,"

said Mr. Fink.

BlackRock now has 18 Board members, including Ms. Ford and Ms. Peck, of which 16 are independent and seven are women. Over 40% of BlackRock's directors have joined the Board in the last five years, demonstrating the company's commitment to evolving and benefiting from new perspectives.

Source: BlackRock newsroom