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BLK BlackRock Inc

778.33
-2.59 (-0.33%)
After Hours
Last Updated: 21:15:06
Delayed by 15 minutes
Share Name Share Symbol Market Type
BlackRock Inc NYSE:BLK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.59 -0.33% 778.33 779.25 773.88 778.00 665,659 21:15:06

BlackRock CEO Laurence Fink Paid $23.9 Million in 2014

17/04/2015 8:50pm

Dow Jones News


BlackRock (NYSE:BLK)
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By Kirsten Grind 

Laurence Fink, chairman and chief executive officer of BlackRock Inc., earned a pay package of $23.9 million in 2014, an increase of about 4% from the previous year, according to a regulatory filing Friday.

Mr. Fink, 62, head of the world's largest asset manager, earned a $9.1 million bonus and saw his pay increase from $22.9 million in 2013. According to BlackRock's salary calculations, which vary slightly from those required to be reported by the Securities and Exchange Commission, Mr. Fink earned $26 million last year, up 8% from the previous year.

A BlackRock spokesman declined to comment.

New York-based BlackRock saw its profit increase 8.7% in its first-quarter earnings reported Thursday, but its revenue was impacted by the loss of fees from foreign-exchange conversions.

Write to Kirsten Grind at kirsten.grind@wsj.com

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