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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 | |
---|---|---|---|---|---|---|---|---|
6.91 | 0.91% | 763.91 | 771.55 | 762.70 | 765.70 | 558,117 | 01:00:00 |
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
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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