BlackRock CEO Larry Fink's pay fell 8.4% in 2019 -filing [Reuters]
BlackRock, Inc. (BLK)
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Source: Reuters
BlackRock CEO Larry Fink's pay fell 8.4% in 2019 -filing NEW YORK, April 9 (Reuters) - BlackRock Inc, the world’s largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4% in 2019, a second straight year of decline, according to a filing on Thursday. Fink was awarded $24.3 million in compensation last year, compared with $26.5 million in 2018, based on a calculation of his pay in line with U.S. Securities and Exchange Commission guidelines. Going by a set of calculations BlackRock prefers, Fink’s total compensation for the year rose 5% to $25.25 million. The figures differ because BlackRock reports some incentive pay in a different year. Fink is often quoted for his views on the markets and corporate governance and has been listed among the world’s best CEOs by the newspaper Barron’s. BlackRock’s stock rose 28% in price during 2019, its best performance since 2017, as global financial markets rebounded from a sharp selloff at the end of
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