BlackRock Appoints Lemkau to Board as Rieder Holds 48% Fed Chair Odds

BLKBLK

BlackRock has elected Gregg R. Lemkau, co-CEO of BDT & MSD Partners, as an independent director, expanding its board to 19 members with 16 independents. Prediction markets now assign BlackRock’s CIO of global fixed income, Rick Rieder, a 48% chance of becoming the next Fed Chair.

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