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| Brian Beades |
Brian Beades, head of corporate communications for the Americas at BlackRock, is exploring “new career opportunities,” according to report by Insider.
His departure ends a 24-year run at the world’s largest investment advisory with $8.6T in assets under management.
Felicity Barber, who was communications manager for BlackRock CEO Larry Fink, left the firm earlier this month.
Prior to joining BlackRock. Barber headed CEO communications at the Federal Reserve Bank in New York and is now running her own media training/thought leadership shop in Weehawken, NJ.
Fink and BlackRock are the top targets of Republicans who rail against ESG and sustainability as prime examples of corporate wokeness.
In announcing Florida’s decision to yank $2B in retirement assets from BlackRock, Jimmy Patronis, the Sunshine State’s CFO tweeted: "Using Florida’s cash to fund BlackRock’s social-engineering project isn’t something we signed up for. It’s got nothing to do with maximizing returns and is the opposite of what an asset manager is paid to do."
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
C Street Advisory Group handles strategic communications duties for American Signature Inc. as the Columbus-based home furnishings retailer declares Chapter 11.
Collected Strategies handles Exact Sciences as the cancer screening leader is acquired by Abbott in a deal with an enterprise value of $23B.
Joele Frank represents Philadelphia-based Axalta Coating Systems as it agrees to merge with Amsterdam’s AkzoNobel in a deal valued in the $25B range.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
