North Carolina treasurer wants BlackRock CEO to go, but keeps assets at firm

Dec 9 (Reuters) – North Carolina’s state treasurer on Friday called for BlackRock Inc (BLK.N) Chief Executive Laurence Fink to resign or be removed from the top asset management firm, citing its focus on sustainable investing, but said public assets will stay with the firm.The statements from Dale Folwell are the latest from a U.S. Republican politician criticizing BlackRock and other top U.S. corporations embracing environmental, social or governance (ESG) factors to guide investment decisions.A division of Folwell’s office, the North Carolina Retirement Systems (NCRS), has about $14 billion invested through BlackRock. Folwell chairs its investment advisory …
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