BlackRock Inc. (BLK) General Counsel Robert Connolly is retiring and senior advisor Matthew Mallow has been appointed interim general counsel while the world's largest money manager searches for a successor.

Connolly's retirement was announced internally on Jan. 24 in a memo in which Chief Executive Larry Fink said Connolly, a 15-year veteran at the firm, has been a "valued adviser to BlackRock, its board and our senior management team."

Connolly will serve as adviser to the firm and work with Mallow during the transition, the memo said.

Mallow joined BlackRock 18 months ago, but he has worked closely with the asset manager advising on its 1999 initial public offering when he was a partner of international law firm Skadde, Arps, Slate, Meagher & Flom. He is also an Adjunct Professor of Law at New York University School of Law.

The personnel change was reported by Reuters earlier Tuesday.

-By Amy Or, Dow Jones Newswires, +1 212 416 3142, amy.or@dowjones.com

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