BlackRock Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Larry Fink

Chief executive officer

US$26.9m

Total compensation

CEO salary percentage	5.6%
CEO tenure	25.8yrs
CEO ownership	n/a
Management average tenure	6.1yrs
Board average tenure	11.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Larry Fink's remuneration changed compared to BlackRock's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$6b
Jun 30 2024	n/a	n/a	US$6b
Mar 31 2024	n/a	n/a	US$6b
Dec 31 2023	US$27m	US$2m	US$6b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$5b
Mar 31 2023	n/a	n/a	US$5b
Dec 31 2022	US$33m	US$2m	US$5b
Sep 30 2022	n/a	n/a	US$6b
Jun 30 2022	n/a	n/a	US$6b
Mar 31 2022	n/a	n/a	US$6b
Dec 31 2021	US$33m	US$2m	US$6b
Sep 30 2021	n/a	n/a	US$6b
Jun 30 2021	n/a	n/a	US$5b
Mar 31 2021	n/a	n/a	US$5b
Dec 31 2020	US$27m	US$2m	US$5b
Sep 30 2020	n/a	n/a	US$5b
Jun 30 2020	n/a	n/a	US$4b
Mar 31 2020	n/a	n/a	US$4b
Dec 31 2019	US$24m	US$2m	US$4b
Sep 30 2019	n/a	n/a	US$4b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$4b
Dec 31 2018	US$27m	US$2m	US$4b
Sep 30 2018	n/a	n/a	US$6b
Jun 30 2018	n/a	n/a	US$5b
Mar 31 2018	n/a	n/a	US$5b
Dec 31 2017	US$28m	US$900k	US$5b

Compensation vs Market: Larry's total compensation ($USD26.94M) is above average for companies of similar size in the BR market ($USD5.71M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

CEO

Larry Fink (72 yo)

25.8yrs

Tenure

US$26,939,474

Compensation

Mr. Laurence Douglas Fink, also known as Larry, serves as Chief Executive Officer at Blackrock Financial Management, Inc. He has been Director at 98point6 Inc. He is Founder, Chairman and Chief Executive O...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Laurence Fink	Chairman & CEO	25.8yrs	US$26.94m	no data
Robert Kapito	President & Director	17.2yrs	US$19.55m	0% R$ 0
Martin Small	Senior MD	1.8yrs	US$12.81m	0% R$ 0
Robert Goldstein	Senior MD & COO	10.4yrs	US$19.14m	0% R$ 0
Gary Shedlin	Vice Chairman	1.7yrs	US$8.82m	0% R$ 0
Mark Wiedman	Senior MD & Head of Global Client Business	no data	US$17.82m	0% R$ 0
Bennett Golub	Co-Founder	no data	no data	no data
Mark McKenna	Founder	no data	no data	no data
Adebayo Ogunlesi	Founding Partner & Chairman and CEO of Global Infrastructure Partners	less than a year	no data	no data
Raja Rao	President	less than a year	no data	no data
Jeff Shen	MD, Co-CIO & Co-Head of Systematic Active Equity (SAE)	15.8yrs	no data	no data
Neeraj Seth	MD, Chief Investment Officer & Head of Asian credit – Singapore	no data	no data	no data

6.1yrs

Average Tenure

66yo

Average Age

Experienced Management: BLAK34's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Laurence Fink	Chairman & CEO	25.8yrs	US$26.94m	no data
Robert Kapito	President & Director	18.1yrs	US$19.55m	0% R$ 0
William Ford	Independent Director	6.7yrs	US$370.25k	0% R$ 0
Gordon Nixon	Independent Director	9.1yrs	US$369.58k	0% R$ 0
Murry Gerber	Lead Independent Director	24.8yrs	US$440.18k	0% R$ 0
Cheryl Mills	Independent Director	11yrs	US$355.18k	0% R$ 0
Marco Slim Domit	Independent Director	13.2yrs	US$364.91k	0% R$ 0
Fabrizio Freda	Independent Director	12.1yrs	US$340.22k	0% R$ 0
Pamela Daley	Independent Director	10.8yrs	US$380.67k	0% R$ 0
Susan Wagner	Independent Director	12.1yrs	US$380.18k	0% R$ 0
Charles Robbins	Independent Director	7.5yrs	US$340.22k	0% R$ 0
Mark Wilson	Independent Director	6.7yrs	US$365.18k	0% R$ 0

11.5yrs

Average Tenure

65yo

Average Age

Experienced Board: BLAK34's board of directors are seasoned and experienced ( 11.5 years average tenure).

BlackRock Management

Management criteria checks 3/4

Key information

Recent management updates

Recent updates

Blackrock, Inc. Declares Quarterly Cash Dividend, Payable on December 23, 2024

BBoston Scientific Corporation (NYSE:BSX) completed the acquisition of Axonics, Inc. (NasdaqGS:AXNX) from a group of shareholders.

BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem

Waste Management, Inc. (NYSE:WM) completed the acquisition of Stericycle, Inc. (NasdaqGS:SRCL) from a group of shareholders.

BlackRock to Launch Suite of Defined Maturity Bond Ladder ETFs

BlackRock Introduces Three iShares ETFs to Customize Exposure to U.S. Large Caps

Bansk Group LLC completed the acquisition of PetIQ, Inc. (NasdaqGS:PETQ) from group of sellers.

Japan Tobacco Inc. (TSE:2914) completed the acquisition of Vector Group Ltd. (NYSE:VGR) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Frost Gamma Investments Trust, Lorber Alpha II Limited, Howard M. Lorber and others.

IQVentures Holdings, LLC completed the acquisition of The Aaron's Company, Inc. (NYSE:AAN) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP and others.

An affiliate of Baring Private Equity Asia Fund VIII, managed by EQT Private Capital Asia completed the acquisition of Perficient, Inc. (NasdaqGS:PRFT) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Wellington Management Group LLP and others.

Chesapeake Energy Corporation (NasdaqGS:CHK) completed the acquisition of Southwestern Energy Company (NYSE:SWN).

BlackRock, Inc. to Report Q3, 2024 Results on Oct 11, 2024

Boston Scientific Corporation (NYSE:BSX) completed the acquisition of Silk Road Medical, Inc (NasdaqGS:SILK) from a group of shareholders.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Noble Corporation plc (NYSE:NE) completed the acquisition of Diamond Offshore Drilling, Inc. (NYSE:DO) from BlackRock, Inc. (NYSE:BLK), KGH Ltd., The Vanguard Group, Inc., Capital Research Global Investors and others

Nordson Medical Corporation completed the acquisition of Atrion Corporation (NasdaqGS:ATRI) from a group of shareholders.

Japan Tobacco Inc. (TSE:2914) entered into a definitive agreement to acquire Vector Group Ltd. (NYSE:VGR) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Frost Gamma Investments Trust and others for approximately $2.4 billion.

Apollo Global Management, Inc. (NYSE:APO) completed the acquisition of U.S. Silica Holdings, Inc. (NYSE:SLCA) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP and others.

JD Sports Fashion Plc (LSE:JD.) completed the acquisition of Hibbett, Inc. (NasdaqGS:HIBB) from a group of sellers.

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

Bain Capital, LP, Reverence Capital Partners, L.P., BlackRock, Inc. (NYSE:BLK), FMR LLC, Franklin Resources, Inc. (NYSE:BEN) and State Street Global Advisors, Inc. agreed to acquire Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others for $3.6 billion.

Bain Capital, LP, Reverence Capital Partners, L.P., BlackRock, Inc. (NYSE:BLK), FMR LLC, Franklin Resources, Inc. (NYSE:BEN) and State Street Global Advisors, Inc. agreed to acquire Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others for $3.6 billion.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age