Michael Castellano - BlackRock New Independent Trustee

BNY Stock  USD 10.50  0.04  0.38%   

Executive

Mr. Michael J. Castellano is Independent Trustee of BlackRock New York Municipal Income Trust. He served as Chief Financial Officer of Lazard Group LLC from 2001 to 2011 Chief Financial Officer of Lazard Ltd from 2004 to 2011 Director, Support Our Aging Religions since 2009 Director, National Advisory Board of Church Management at Villanova University since 2010 Trustee, Domestic Church Media Foundation since 2012. since 2011.
Age 75
Tenure 13 years
Address 50 Hudson Yards, New York, NY, United States, 10001
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/24023

BlackRock New Management Efficiency

The company has Return on Asset of 0.022 % which means that on every $100 spent on assets, it made $0.022 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0369 %, implying that it generated $0.0369 on every 100 dollars invested. BlackRock New's management efficiency ratios could be used to measure how well BlackRock New manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. Asset Turnover is likely to rise to 0.04 in 2024, whereas Total Assets are likely to drop slightly above 411.3 M in 2024.
BlackRock New York has 180.53 M in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. BlackRock New York has a current ratio of 0.14, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for BlackRock to invest in growth at high rates of return.

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BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States. Blackrock New is traded on New York Stock Exchange in the United States. BlackRock New York (BNY) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 22 people. BlackRock New is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

BlackRock New York Leadership Team

Elected by the shareholders, the BlackRock New's board of directors comprises two types of representatives: BlackRock New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor BlackRock New's management team and ensure that shareholders' interests are well served. BlackRock New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackRock New's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
CFA CFA, Portfolio Mang
Robert Hubbard, Independent Trustee
Karen Robards, Independent Vice Chairman of the Board of Trustees
Richard Cavanagh, Independent Co-Chairman of the Board of Trustees
Charles Park, Chief Compliance Officer
Frank Fabozzi, Independent Trustee
J Holloman, Independent Trustee
Janey Ahn, Secretary
John Perlowski, President, Chief Executive Officer, Trustee
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jay Fife, Treasurer
Jonathan Diorio, Vice President
Robert Fairbairn, Trustee
Walter CFA, Portfolio Manager
Neal Andrews, Chief Financial officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
CFA Jaeckel, Portfolio Manager
Stayce Harris, Independent Trustee
W Kester, Independent Trustee

BlackRock Stock Performance Indicators

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