Mr. Robert S. Kapito is a President at BlackRock Capital Management, Inc., a Chairman at Hope & Heroes Children's Cancer Fund, a President & Non-Independent Director at BlackRock, Inc., a President at BlackRock Fund Advisors, a Chairman at Periwinkle Theatre For Youth, a Chairman at UJA-Federation of New York, a President at BlackRock Advisors LLC and a President & Director at BlackRock Institutional Trust Co. NA.

He is on the Board of Directors at iShares, Inc., iShares Trust, University of Pennsylvania, BlackRock, Inc., BlackRock Institutional Trust Co. NA and Trustees of The University of Pennsylvania. Prior to assuming his current responsibilities in 2007, Mr. Kapito served as Head of BlackRock's Portfolio Management Group.

Prior to founding BlackRock in 1988, Mr. Kapito was a Vice President in the Mortgage Products Group at The First Boston Corporation.

He earned a BS degree in economics from the Wharton School of the University of Pennsylvania in 1979, and an MBA degree from Harvard Business School in 1983.