Gary Shedlin

Master of Business Administration - MBA at Harvard University

Gary Shedlin is a prominent financial executive currently serving as the Chief Financial Officer (CFO) and Senior Managing Director at BlackRock, Inc., a leading global investment management firm. He has been with BlackRock since 2013, having previously held significant roles in investment banking.

Professional Background

Investment Banking Experience: Before joining BlackRock, Shedlin was Vice Chairman at Morgan Stanley, where he focused on investment banking for financial institutions from 2010 to 2013. He also served as Chairman of the Financial Institutions Group at Citigroup from 2004 to 2010 and co-headed the Financial Institutions Group at Lazard Frères & Co. LLC.3 4
Education: Shedlin holds an undergraduate degree from Colgate University and an MBA from Harvard Business School, which have contributed to his extensive expertise in finance and investment strategies.3 4

Role at BlackRock

As CFO, Shedlin has played a critical role in guiding BlackRock through significant growth and transformation over the past decade. His responsibilities have included overseeing financial reporting and strategic financial operations. In October 2022, it was announced that he would step down from the CFO position around March 1, 2023, transitioning to a role as Vice Chairman where he will work directly with key clients.1 2

Compensation

Shedlin's total compensation as CFO was reported to be approximately $6.5 million annually, reflecting his seniority and the importance of his role within the company.4 5

Current Status

As of now, Shedlin is preparing for his transition to Vice Chairman, ensuring continuity in leadership as Martin Small takes over the CFO role. This move highlights BlackRock's strategy to leverage Shedlin's extensive client relationships and industry knowledge in a more client-focused capacity.1 2