BlackRock’s Larry Fink will face a vote on his dual role as chairman and CEO after a U.K. activist investor called for more oversight over the asset manager’s approach to sustainable investing.Bluebell Capital Partners put forward a binding resolution on the company’s annual proxy ballot to amend the corporate bylaws to require an independent board chair.In the submission, Bluebell said there has been “an unequivocal failure of BlackRock’s governance to provide independent oversight on the company’s management”.

BlackRock Faces Activist Investor Pressure to Split Fink Chair and CEO Role

https://finance.yahoo.com/news/blackrock-faces-activist-investor-pressure-120000842.html