BlackRock CEO admitted 'if you don't force behaviors... you're going to be impacted'
CEO Larry Fink revealed BlackRock would 'force behaviors' when making decisions about diversity and inclusion.
Fink, whose firm owns shares in everyday companies such as Amazon, Apple, MasterCard, Johnson & Johnson, Walmart and Walt Disney Co., touted adding "4 more points of diverse employment" that year."What we're doing internally is if you don't achieve these levels of impact, your compensation could be impacted," Fink said, before AmEx's former CEO admitted the company was "doing the same thing.""You have to force behaviors.
"There are two schools of thought within the GOP on Blackrock. The old guard thinks they’re creating value and need to be rewarded with tax cuts," the senator said on Twitter Monday. "I think they’re destroying value and are engaged in illegal and immoral conduct. They need to be dealt with accordingly."
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