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BlackRock vs Unilever: Founders, CEOs and History

BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner and is led by Larry Fink. Unilever was founded in 1929 by William Hesketh Lever, Samuel van den Bergh, Anton Jurgens and is led by Fernando Fernandez.

Company facts

BlackRock

Founded
1988
Headquarters
New York, NY
Current CEO
Larry Fink
Employees
24,900

Unilever

Founded
1929
Headquarters
London, United Kingdom
Current CEO
Fernando Fernandez
Employees
96,092

Founders

BlackRock

  • Larry Fink

    Fink joined First Boston in 1976 and became one of its youngest managing directors, running a mortgage-bond desk that was highly profitable until a 1986 interest-rate move cost it about $100 million.

  • Robert S. Kapito

    Kapito worked alongside Fink at First Boston and joined him in founding BlackRock in 1988.

  • Susan Wagner

    Wagner ran many of the functions that let a small bond shop grow into a global firm, including strategy, corporate development and operations.

  • Barbara Novick

    For roughly BlackRock's first two decades Novick ran its global client business, winning the institutional mandates that funded the firm's early growth.

  • Ben Golub

    Golub led much of the quantitative work behind BlackRock's risk-first approach, building analytics for mortgage prepayment, interest-rate and credit risk that became central to Aladdin.

  • Hugh Frater

    Frater was one of the mortgage specialists who helped launch BlackRock's fixed income business and held senior roles at the firm before leaving.

  • Ralph Schlosstein

    Schlosstein brought corporate finance and public policy experience to the founding team; before Lehman he worked at the US Treasury and on the White House domestic policy staff during the Carter administration.

  • Keith Anderson

    Anderson ran BlackRock's fixed income investing for two decades, the core of the firm until iShares arrived with the 2009 BGI deal, and sat on its executive committee. In 2008 he left to become Chief Investment Officer of Soros Fund Management.

BlackRock founders in full

Unilever

  • William Hesketh Lever

    William Hesketh Lever (later Lord Leverhulme) co-founded Lever Brothers with his brother James in 1885 and built it around Sunlight Soap, one of the first branded, individually wrapped soaps sold at mass scale.

  • Samuel van den Bergh

    Samuel van den Bergh led Van den Bergh, a Dutch margarine maker that became one of Jurgens' main rivals. The two families combined their businesses into Margarine Unie in 1927, and Margarine Unie merged with Lever Brothers in 1929 to create Unilever.

  • Anton Jurgens

    Anton Jurgens' family firm was among the first to manufacture margarine commercially in the Netherlands after the product was invented in France. Jurgens competed for decades with the Van den Bergh family before the two merged into Margarine Unie in 1927.

Unilever founders in full

CEOs and their tenures

BlackRock

  1. Larry Fink1988–present

    Chairman and Chief Executive Officer

    Fink co-founded BlackRock in 1988 and has run it for its entire history, taking it from a bond boutique to the world's largest asset manager.

    Source
  2. Susan Wagner1988–2012

    Co-Founder, Chief Operating Officer and Vice Chairman

    Co-founder who led strategy, corporate development and operations, including BlackRock's side of the MLIM merger and the BGI acquisition, before retiring from management in 2012 and joining the board.

    Source
  3. Robert S. Kapito2007–present

    President

    Co-founder who long ran BlackRock's Portfolio Management Group across fixed income, equity, liquidity and alternatives before becoming President in 2007, overseeing day-to-day operations.

    Source
  4. Rob Goldstein2014–present

    Chief Operating Officer

    Named COO in 2014 after running BlackRock's global institutional client business; oversees operations across the firm and sits on the management committee created in 2025.

    Source
  5. Martin Small2023–present

    Chief Financial Officer

    CFO since 2023; leads financial planning and investor reporting and has laid out the 2030 targets for private markets, technology and digital asset revenue on earnings calls.

    Source
  6. Adebayo Ogunlesi2024–present

    Chairman and CEO, Global Infrastructure Partners

    Founder of GIP who joined BlackRock's leadership when the deal closed in October 2024; leads its infrastructure business, including the Aligned Data Centers and AES transactions.

    Source
BlackRock CEO history in full

Unilever

  1. Alan Jope2019–2023

    Chief Executive Officer

    Jope simplified Unilever's legal structure and organisation, which made later portfolio separations easier.

    Source
  2. Hein Schumacher2023–2025

    Chief Executive Officer

    Schumacher reset Unilever around fewer, bigger brands and set up the Ice Cream demerger before stepping down in February 2025.

    Source
  3. Fernando Fernandez2025–present

    Chief Executive Officer

    As CFO, the highly experienced Latin American executive enforces absolute financial discipline, attempting to restore investor confidence after years of sluggish stock performance.

    Source
Unilever CEO history in full

Timeline: BlackRock and Unilever side by side

  1. 1884Unilever

    Lever soap factory opens

    William Hesketh Lever built the Port Sunlight soap business that became a key Unilever predecessor.

  2. 1929Unilever

    Unilever created

    Lever Brothers and Margarine Unie merged to form Unilever.

  3. 1929Unilever

    Lever Brothers and Margarine Unie Merge

    Lever Brothers and the Dutch Margarine Unie merged in 1929 to form Unilever.

  4. 1984Unilever

    Acquired Brooke Bond

    Unilever acquired Brooke Bond in 1984 for ~$515 million (£390 million).

  5. 1988BlackRock

    Founded inside the Blackstone Group

    Larry Fink and seven partners start Blackstone Financial Management, a bond and risk-management unit backed by a $5 million credit line from the Blackstone Group.

  6. 1989Unilever

    Acquired Calvin Klein Cosmetics

    Unilever acquired Calvin Klein Cosmetics in 1989.

  7. 1992BlackRock

    Renamed BlackRock

    The business takes the BlackRock name and ends the year managing about $17 billion in assets.

  8. 1993Unilever

    Acquired Breyers

    Unilever acquired Breyers in 1993.

  9. 1994BlackRock

    Sold to PNC for $240 million

    After a dispute over equity for new hires, Blackstone sells BlackRock to PNC, which becomes its long-term majority owner.

  10. 1999BlackRock

    NYSE IPO

    BlackRock lists on the New York Stock Exchange on October 1, 1999, at $14 per share.

  11. 2000BlackRock

    BlackRock Solutions launched

    BlackRock starts selling its internal risk analytics, later known as Aladdin, and advisory services to other institutions.

  12. 2000Unilever

    Acquired Maille

    Unilever acquired Maille. Unilever acquired Maille in 2000.

  13. 2006BlackRock

    Merger with Merrill Lynch Investment Managers

    The MLIM deal adds equity, retail and international businesses and gives Merrill Lynch a stake of nearly half of BlackRock.

  14. 2008BlackRock

    Hired to manage crisis assets

    The Federal Reserve Bank of New York hires BlackRock to manage the Maiden Lane portfolios taken over from Bear Stearns and AIG.

  15. 2009BlackRock

    Acquires Barclays Global Investors and iShares

    BlackRock closes its purchase of BGI on December 1, 2009, becoming the world's largest asset manager and taking over the iShares ETF business.

  16. 2019Unilever

    Alan Jope becomes CEO

    Alan Jope became CEO of Unilever in 2019. Jope simplified Unilever's legal structure and organisation, which made later portfolio separations easier.

  17. 2020BlackRock

    PNC exits its stake

    PNC sells its roughly 22% stake in BlackRock, leaving the company without a large controlling shareholder.

  18. 2020Unilever

    Legal structure unified

    Unilever moved to a single parent company structure after decades with British and Dutch holding companies.

  19. 2020Unilever

    Single Parent Company

    Unilever unified its dual structure into a single parent company, Unilever PLC, in November 2020.

  20. 2023BlackRock

    Moves headquarters to 50 Hudson Yards

    BlackRock moves its New York headquarters to the 50 Hudson Yards tower on Manhattan's West Side.

  21. 2024BlackRock

    iShares Bitcoin Trust launch and GIP deal

    BlackRock launches the iShares Bitcoin Trust in January and closes the roughly $12.5 billion purchase of Global Infrastructure Partners on October 1.

  22. 2025BlackRock

    HPS deal and record inflows

    BlackRock completes the HPS Investment Partners and Preqin acquisitions, then ends the year with a record $698 billion of net inflows and $14 trillion in AUM.

  23. 2025Unilever

    Fernando Fernandez becomes CEO

    Fernando Fernandez was appointed CEO effective March 2025.

  24. 2025Unilever

    Ice Cream demerger reflected

    Unilever reported 2025 results on a continuing-operations basis after the Ice Cream business demerger.

  25. 2026BlackRock

    AUM passes $15 trillion

    AUM reaches a record $15.3 trillion at June 30, 2026, and a GIP-backed consortium closes the $40 billion acquisition of Aligned Data Centers in July.

Acquisitions

BlackRock

  • Preqin2025$3.2B
  • HPS Investment Partners2025$12B
  • Global Infrastructure Partners (GIP)2024$12.5B
  • Aperio Group2021$1.1B
  • eFront2019$1.3B
  • Barclays Global Investors (BGI) and iShares2009$13.5B
All BlackRock acquisitions

Unilever

  • Dr. Squatch2025Undisclosed
  • Wild2025Undisclosed
  • Minimalist2025Undisclosed
  • Paula's Choice2021Undisclosed
  • Sir Kensington's2017Undisclosed
  • Weis2017Undisclosed
All Unilever acquisitions

Questions about BlackRock vs Unilever

Who is the CEO of BlackRock, Inc. and Unilever PLC?

BlackRock, Inc. is led by Larry Fink and Unilever PLC is led by Fernando Fernandez. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.

When was BlackRock, Inc. founded vs Unilever PLC?

Unilever PLC was founded in 1929 — 59 years before BlackRock, Inc., which was founded in 1988. Unilever PLC's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger BlackRock, Inc..

How many employees does BlackRock, Inc. have compared to Unilever PLC?

BlackRock, Inc. employs approximately 24,900 people, while Unilever PLC employs approximately 96,092. Unilever PLC has the larger workforce at 96,092 employees, compared to BlackRock, Inc.'s 24,900. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).

Where are BlackRock, Inc. and Unilever PLC headquartered?

BlackRock, Inc. is headquartered in United States and Unilever PLC is headquartered in United Kingdom. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.

Who founded BlackRock, Inc. and Unilever PLC?

BlackRock, Inc. was founded by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, Keith Anderson. Unilever PLC was founded by William Hesketh Lever, Samuel van den Bergh, Anton Jurgens.

Which company has a longer operating history — BlackRock, Inc. or Unilever PLC?

Unilever PLC has been operating for approximately 97 years, making it the more established of the two companies. BlackRock, Inc. has been in operation for around 38 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.

Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BlackRock vs Unilever overview

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.