BlackRock Elects Beth Ford and Kristin Peck to Board of Directors
September 28 2021 - 4:30PM
Business Wire
BlackRock, Inc. (NYSE: BLK) has elected Beth Ford, President and
Chief Executive Officer of Land O’Lakes, Inc., and Kristin Peck,
Chief Executive Officer of Zoetis Inc. – to the Company’s Board as
independent directors.
Laurence D. Fink, Chairman and CEO of BlackRock, said: “Beth and
Kristin are recognized 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.
“Key to that future is a mindset that embraces and accounts for
our impact on all stakeholders – which is precisely what Beth
champions through the Land O’ Lakes cooperative framework which
cares deeply about the company’s impact on all of its stakeholders,
including its shareholders, the agriculture community, and
employees. Beth is also a recognized and influential voice on key
issues including climate change, immigration, infrastructure and
trade and we look forward to her contributions.
“Kristin is an outstanding executive who, having spent years at
Pfizer, and now Zoetis, understands how to use technology and
science to drive innovation. At the heart of BlackRock’s success is
a similar, relentless focus on innovation and always evolving ahead
of our clients’ future needs. Kristin’s customer-centric focus and
her ability to evolve Zoetis into a global leader in animal health
and sustainability will make her an invaluable asset to the
BlackRock board.
We welcome Beth and Kristin to our Board and we look forward to
their advice and counsel.”
Jessica P. Einhorn, who has served as a BlackRock board member
since 2012, has decided not to stand for re-election at the
company’s next Annual Meeting of Shareholders in 2022.
“Jessica has served the BlackRock board with distinction. She
has made a significant contribution to the growth of BlackRock
around the world and we are grateful for her service,” said Mr.
Fink.
With the addition of Ms. Ford and Ms. Peck, BlackRock will have
18 Board members, of which 16 are independent and seven are women.
Over 40 percent of BlackRock’s directors have joined the Board in
the past five years, reflecting the company’s commitment to
continually evolving and benefiting from fresh perspectives.
Beth Ford
Ms. Ford is the President and Chief Executive Officer of Land
O’Lakes, Inc., a Fortune 200 food production and agribusiness
company that is also a 100-year-old farmer-owned cooperative. Ms.
Ford’s 35-year career spans six industries at seven companies.
Since joining Land O’Lakes in 2011, she has held a variety of roles
leading the farmer-to-fork business offerings. Today, she is a
passionate advocate on behalf of farmers and rural America with the
goal of connecting people, particularly in urban areas, to the
farmers and rural communities who grow their food. Ms. Ford sits on
the Board of Directors for the Business Roundtable, the Fortune 150
company PACCAR, Inc., and other industry, non-profit and university
boards. She has been recognized by Fortune as one of the World’s 50
Greatest Leaders and Most Powerful Women.
Kristin Peck
Ms. Peck is the Chief Executive Officer of Zoetis Inc., the
world’s leading animal health company and a member of the Fortune
500. Zoetis delivers a portfolio of medicines, vaccines,
diagnostics and technologies to veterinarians and livestock farmers
in over 100 countries. Ms. Peck’s career includes numerous
leadership roles at Pfizer where she was a member of the executive
leadership team and previous positions at Boston Consulting Group,
Prudential Realty Group and J.P. Morgan. She is a member of the
Business Roundtable and serves on the Board of Catalyst, a global
non-profit that creates opportunities for women and other
underrepresented groups. She is on the Advisory Board for the
Deming Center for Quality, Productivity and Competitiveness at
Columbia Business School. Ms. Peck has been recognized for her
leadership and strong performance, including being named a Fortune
2020 Businessperson of the Year.
About BlackRock
BlackRock’s purpose is to help more and more people experience
financial well-being. As a fiduciary to investors and a leading
provider of financial technology, we help millions of people build
savings that serve them throughout their lives by making investing
easier and more affordable. For additional information on
BlackRock, please visit www.blackrock.com/corporate
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version on businesswire.com: https://www.businesswire.com/news/home/20210928006060/en/
INVESTOR RELATIONS Caroline Rodda 212.810.3442
caroline.rodda@blackrock.com
MEDIA RELATIONS Aziz Nayani 646.231.0809
aziz.nayani@blackrock.com
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