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BlackRock CEO accused of ESG 'hypocrisy,' pressured to step down by green activist investor for attracting 'an undesired level of negative publicity'

BlackRock Chairman and CEO Larry Fink (Photo by: David A.Grogan/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images)

Last month, activist investor Bluebell Capital called on BlackRock CEO Larry Fink to resign after accusing him of “hypocrisy” regarding the company’s environmental, social, and governance stance, CNBC reported.

Bluebell, a London-based activist fund, holds a small stake in BlackRock with approximately $350 million in assets under the investment company’s management.

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