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Susan Wagner

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Susan Lynn Wagner
Born
Susan Lynn Wagner

Chicago
Alma materWellesley College
University of Chicago
OccupationCo-founder & BlackRock Board Member

Susan L. Wagner is an American financial executive and has been named to both Forbes Most Powerful Women in the World List, Crain's, Financial Time's and Fortune's 50 Most Powerful Women in Business. [1]


She is one of the co-founders and former Chief Operating Officer of BlackRock, an American multinational investment management corporation. BlackRock is the largest asset management firm in the world with over $4.9 trillion in assets under management.[2] Wagner is the architect and strategist that propelled BlackRock into the largest asset manager in the world.

Early life and education

Wagner grew up in the Chicago area, graduated in 1982 with honors from Wellesley College with a BA in English and Economics, and earned an MBA in Finance from the University of Chicago in 1984.


Personal

Wagner is married, a mother of three school aged children, and lives in the suburbs of New York. She describes herself as a "down to earth New York commuter."

Career

After earning her MBA, Wagner joined Lehman Brothers' investment banking unit in New York City. During her years at Lehman she worked on mergers and acquisitions, fixed income products, and developed her expertise in strategic acquisitions. In 1988 Wagner and her friend Ralph Scholstein left Lehman to join Blackstone Financial Group. Later, Blackstone Financial Group changed their name to BlackRock.

As one of the founders of BlackRock, Wagner has served as Vice Chairman, Chief Operating Officer and orchestrated BlackRock's mergers and acquisitions, which included Quellos, Merrill Lynch Investment Management, and Barclays Global Investors. Prior to retiring from BlackRock, Wagner expanded the company into Asia, the Middle East and Brazil.[3] Since retiring from BlackRock, she serves on the BlackRock Board of Directors as well as serving as an officer and member of the board of trustees of the Hackley School. [4]


In May, 2014 Wagner was asked by Wellesley's Class of 2014 to deliver the commencement address.

[5]


In July 2014, Wagner was named to the board of Apple Inc., replacing longtime board member William Campbell.[6] Wagner is just the second woman on the Apple eight-member board and the only director with a strong financial background.[7]


Personal

Wagner is married, has three children and lives in the suburbs of New York. She describes herself as a "down to earth New York commuter."

References

  1. ^ Wagner, Sue (2011-10-17). "50 Most Powerful Women In Business". Fortune . Fortune, Inc. Retrieved 2014-10-15.
  2. ^ "Susan Lynne Wagner". Bloomberg. Retrieved 2014-07-18.
  3. ^ Wagner, Sue (2008-05-30). [http:// url=http://www.nytimes.com/2008/05/30/business/worldbusiness/30iht-wbspot31.1.13339541.html "In the eye of the credit storm at BlackRock"]. The New York Times Company. The New York Times. Retrieved 2008-05-30. {{cite news}}: Check |url= value (help); Missing pipe in: |url= (help)
  4. ^ Wagner, Sue (2014). [http:// www.hackleyschool.org/Page/About-Hackley/Trustees--Administration "About Hackley Trustees & Administration"]. Hackley School . Hackley School.Org. Retrieved 2014-10-15. {{cite news}}: Check |url= value (help)
  5. ^ Wagner, Susan (2014-05-30). "Susan Wagner delivered the 2014 Commencement address at Wellesley College". Wellesley College . Wellesley College.Edu. Retrieved 2014-10-15.
  6. ^ Chen, Brian X. (2014-07-17). "Apple Adds Susan Wagner of BlackRock to Board". Bits - The New York Times. The New York Times Company. Retrieved 2014-07-18.
  7. ^ Bradshaw, Tim (2014-07-17). "Apple adds BlackRock co-founder to its board". Financial Times. The Financial Times LTD. Retrieved 2014-07-19.

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