Mark McCombe Biography and Net Worth

Director of BlackRock

Mark McCombe, Senior Managing Director, is the Chief Client Officer of BlackRock overseeing all Global client segments. In addition to these responsibilities he is also accountable for driving growth in BlackRock's client businesses in the U.S. and Canada. Mr. McCombe also serves as Co-Head of Global Client Portfolio Solutions helping clients take a holistic approach to portfolio construction and asset allocation.

Mr. McCombe is a member of BlackRock's Global Executive Committee (GEC), the GEC's Talent Subcommittee, and chairs the Global Client Council as well as the U.S. and Canada Executive Committee. He previously served as the Chair and Global Head of BlackRock Alternative Investors, Global Head of BlackRock's Institutional Client Business, and as Chairman of BlackRock's Asia Pacific region.

Mr. McCombe is also one of the Global Executive Sponsors for the Out and Allies network, the Ability Network and a founder of the LEAD program within BlackRock helping grow and mentor top talent within the firm.

Mr. McCombe has had an international career in finance spanning more than 20 years across 11 different countries. Before joining BlackRock, he served as Chief Executive Officer in Hong Kong for HSBC. He was also a Non-Executive Director of Hang Seng Bank Ltd. and Chairman of HSBC Global Asset Management (HK) Ltd. Prior to that, he was based in London where he was Chief Executive of HSBC Global Asset Management.

During his career, Mr. McCombe has served on a number of finance industry bodies including the Risk Management Committee of the Hong Kong Exchanges and Clearing Limited, the Banking Advisory Committee for the Hong Kong Monetary Authority, the Hong Kong Association of Banks, and as a council member of the Financial Services Development Council (FSDC), an advisory body established by the Hong Kong Special Administrative Region.

Mr. McCombe earned an MA degree from Aberdeen University and attended Wharton Business School, where he completed the Advanced Management Program. He was also recognized in the Queen's New Year Honours List in 2006 with an OBE.

What is Mark McCombe's net worth?: The estimated net worth of Mark McCombe is at least $22.13 million as of August 18th, 2022. Mr. McCombe owns 21,106 shares of BlackRock stock worth more than $22,129,008 as of November 18th. This net worth approximation does not reflect any other investments that Mr. McCombe may own. Learn More about Mark McCombe's net worth.
How do I contact Mark McCombe?: The corporate mailing address for Mr. McCombe and other BlackRock executives is 55 EAST 52ND STREET, NEW YORK NY, 10055. BlackRock can also be reached via phone at (212) 810-5300 and via email at [email protected]. Learn More on Mark McCombe's contact information.
Has Mark McCombe been buying or selling shares of BlackRock?: Mark McCombe has not been actively trading shares of BlackRock within the last three months. Most recently, Mark Mccombe sold 1,360 shares of the business's stock in a transaction on Thursday, August 18th. The shares were sold at an average price of $739.79, for a transaction totalling $1,006,114.40. Following the completion of the sale, the director now directly owns 21,106 shares of the company's stock, valued at $15,614,007.74. Learn More on Mark McCombe's trading history.
Who are BlackRock's active insiders?: BlackRock's insider roster includes Stephen Cohen (Director), Marc Comerchero (Insider), Pamela Daley (Director), Laurence Fink (Chairman & CEO), William Ford (Director), Robert Goldstein (COO), Robert Kapito (President), J. Kushel (Director), Rachel Lord (Director), Mark McCombe (Director), Christopher Meade (General Counsel), Manish Mehta (Director), Gary Shedlin (CFO), Martin Small (CFO), and Mark Wiedman (Director). Learn More on BlackRock's active insiders.
Are insiders buying or selling shares of BlackRock?: In the last year, insiders at the asset manager sold shares 17 times. They sold a total of 233,531 shares worth more than $183,414,374.19. The most recent insider tranaction occured on August, 30th when Director Mark Wiedman sold 12,000 shares worth more than $10,800,000.00. Insiders at BlackRock own 0.9% of the company. Learn More about insider trades at BlackRock.
Information on this page was last updated on 8/30/2024.

Mark McCombe Insider Trading History at BlackRock

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/18/2022	Sell	1,360	$739.79	$1,006,114.40	21,106
2/7/2022	Sell	1,400	$819.32	$1,147,048.00
2/4/2021	Sell	1,777	$734.63	$1,305,437.51
2/2/2021	Sell	1,476	$726.09	$1,071,708.84
7/20/2020	Sell	3,000	$580.16	$1,740,480.00
5/26/2020	Sell	1,500	$527.53	$791,295.00
2/4/2020	Sell	2,300	$539.01	$1,239,723.00
1/30/2020	Sell	1,336	$534.05	$713,490.80
2/6/2019	Sell	3,000	$417.04	$1,251,120.00	30,543
2/12/2018	Sell	2,000	$520.64	$1,041,280.00
10/12/2017	Sell	1,000	$478.99	$478,990.00
5/26/2017	Sell	500	$405.98	$202,990.00
8/30/2016	Sell	1,400	$374.92	$524,888.00
8/14/2014	Sell	3,500	$314.00	$1,099,000.00

Mark McCombe Buying and Selling Activity at BlackRock

BlackRock Company Overview

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

Today's Range

Now: $1,049.97

$1,037.40

$1,053.22

50 Day Range

MA: $969.04

$877.12

$1,053.84

2 Week Range

Now: $1,049.97

$712.11

$1,068.34

Volume

500,304 shs

Average Volume

574,657 shs

Market Capitalization

$162.62 billion

P/E Ratio

25.91

Dividend Yield

1.95%

Beta

1.3

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