Susan Wagner

Last updated
Susan Wagner
Born
Susan Lynne Wagner

(1961-05-26) May 26, 1961 (age 63) [1]
Chicago, Illinois, US
Alma mater Wellesley College (BA)
University of Chicago (MBA)
Known forCo-founding BlackRock
Board member of

Susan Lynne Wagner (born 1961) [2] is an American financial executive. Wagner is one of the co-founders of BlackRock, an American multinational investment management corporation, where she was vice chairman and chief operating officer. BlackRock is the largest asset management firm in the world with $10.01 trillion in assets under management as of January 2024. [3]

Contents

In 2011, she was named to two lists of powerful women: "Most Powerful Women in New York 2011" and "50 Most Powerful Women in Business (2011)". [4] [5]

Early life and education

Wagner was born in 1961 in Chicago to a Jewish family. [6] She graduated in 1982 with honors from Wellesley College with a BA in English and Economics, and then earned an MBA in finance from the University of Chicago in 1984. [7]

Career

After earning her MBA, Wagner worked as vice president of the mortgage finance group for Lehman Brothers. [8] In 1988, Wagner and Ralph Schlosstein left Lehman to join Blackstone Financial Group. Later, Blackstone Financial Group changed their name to BlackRock.

As one of the co-founders of BlackRock in 1988, Wagner was vice chairman and chief operating officer. [9] She orchestrated BlackRock's mergers and acquisitions, which included Quellos, Merrill Lynch Investment Management, and Barclays Global Investors. Prior to retiring from BlackRock in 2012, [10] Wagner expanded the company into Asia, the Middle East and Brazil. [11] Since retiring from BlackRock, she is on their board of directors, and a member of the board of trustees of the Hackley School. [12]

In May 2014, Wagner was asked by Wellesley's class of 2014 to deliver the commencement address. [13]

In July 2014, Wagner was named to the board of Apple Inc., replacing long-time board member William Campbell. [14] Wagner was the second woman on the Apple eight-member board and the only director with a background in finance. [15] In 2014, she also was elected to the board of directors of Swiss Re. [2]

Awards

In 2023, Wagner received the Women's Entrepreneurship Day Finance Pioneer Award [16] at the United Nations in recognition as a trailblazer and innovators in their field and who inspire all around them to use their lives to make a meaningful impact on the world.

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References

  1. ↑ "Susan Lynne Wagner director information. Free company director check".
  2. 1 2 "Susan L. Wagner - Swiss Re Annual Report 2016". reports.swissre.com. Retrieved 2019-01-24.
  3. ↑ Randall, David, Reggiori-Wilkes, Tommy, Singh Shekhawat, Jaiveer. "BlackRock strikes $12.5 bln deal for Global Infrastructure Partners". Reuters. Retrieved 2024-01-29.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ↑ Wagner, Susan (2011). "Most Powerful Women in New York 2011". Crain’s New York Business . Retrieved 2014-10-15.
  5. ↑ Wagner, Sue (2011-10-17). "50 Most Powerful Women In Business". Fortune . Retrieved 2014-10-15.
  6. ↑ "Susan Wagner Story - Bio, Facts, Networth, Home, Family, Auto | Famous Businesswomen | SuccessStory".
  7. ↑ "Susan Wagner to Deliver 2014 Commencement Address at Wellesley". Wellesley College. Retrieved 2019-01-24.
  8. ↑ "Susan Wagner". Forbes. Retrieved 30 January 2024.
  9. ↑ "In the eye of the credit storm at BlackRock". The New York Times. May 30, 2008. Retrieved 30 January 2024.
  10. ↑ "Susan L. Wagner - Swiss Re Annual Report 2016". reports.swissre.com. Retrieved 2019-01-24.
  11. ↑ Wagner, Sue (2008-05-30). "In the eye of the credit storm at BlackRock". The New York Times . Retrieved 2008-05-30.
  12. ↑ Wagner, Sue (2014). "About Hackley Trustees & Administration". Hackley School. Archived from the original on 2014-11-10. Retrieved 2014-10-15.
  13. ↑ Wagner, Susan (2014-05-30). "Susan Wagner delivered the 2014 Commencement address at Wellesley College". Wellesley College . Retrieved 2014-10-15.
  14. ↑ Chen, Brian X. (2014-07-17). "Apple Adds Susan Wagner of BlackRock to Board". Bits - The New York Times. Retrieved 2014-07-18.
  15. ↑ Bradshaw, Tim (2014-07-17). "Apple adds BlackRock co-founder to its board". Financial Times . Retrieved 2014-07-19.
  16. ↑ "Sue Wagner". Women's Entrepreneurship Day Organization. Retrieved 2024-02-01.
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