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BlackRock Adds Gregg Lemkau as Independent Board Director

Story Highlights
  • BlackRock elected BDT & MSD Co-CEO Gregg Lemkau as an independent director on January 27, 2026.
  • Lemkau’s appointment strengthens BlackRock’s already independent, expertise-rich board as it positions for future growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlackRock Adds Gregg Lemkau as Independent Board Director

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An announcement from BlackRock ( (BLK) ) is now available.

On January 27, 2026, BlackRock’s Board of Directors elected Gregg R. Lemkau, Co-Chief Executive Officer of merchant bank BDT & MSD Partners and Chairman of DFO Management, as an independent director, expanding the Board to 19 members, 16 of whom are independent and including six new independent directors added since 2020. BlackRock highlighted Lemkau’s decades of experience in investment banking, capital markets, and advisory work at BDT & MSD and Goldman Sachs as an important addition to the Board’s deep industry expertise and diverse perspectives, underscoring the firm’s focus on governance and board composition to support its next phase of growth and long-term strategy.

The most recent analyst rating on (BLK) stock is a Buy with a $1324.00 price target. To see the full list of analyst forecasts on BlackRock stock, see the BLK Stock Forecast page.

Spark’s Take on BLK Stock

According to Spark, TipRanks’ AI Analyst, BLK is a Outperform.

The score is driven primarily by strong financial performance and a highly constructive earnings outlook (record inflows, strong fee growth, and increased shareholder returns). Technicals are supportive with positive trend and momentum, though RSI is approaching overbought levels. Valuation is the main constraint due to a premium P/E, and expense growth/margin pressure remain the key operational watch item.

To see Spark’s full report on BLK stock, click here.

More about BlackRock

BlackRock, Inc. is a global asset manager and provider of financial technology whose stated purpose is to help more people achieve financial well-being. Acting as a fiduciary to investors, the firm offers investment management and related technology solutions that aim to make investing easier and more affordable for millions of individuals worldwide.

Average Trading Volume: 656,611

Technical Sentiment Signal: Strong Buy

Current Market Cap: $183B

For a thorough assessment of BLK stock, go to TipRanks’ Stock Analysis page.

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