BlackRock Management

Management criteria checks 3/4

BlackRock's CEO is Larry Fink, appointed in Jan 1999, has a tenure of 25.17 years. total yearly compensation is $32.73M, comprised of 4.6% salary and 95.4% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $338.03M. The average tenure of the management team and the board of directors is 12 years and 10.9 years respectively.

Key information

Larry Fink

Chief executive officer

US$32.7m

Total compensation

CEO salary percentage4.6%
CEO tenure25.2yrs
CEO ownership0.3%
Management average tenure12yrs
Board average tenure10.9yrs

Recent management updates

Recent updates

BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.10

Mar 05
BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.10

BlackRock: A Solid Start To 2024

Mar 01

BlackRock (NYSE:BLK) Has Announced That It Will Be Increasing Its Dividend To $5.10

Feb 20
BlackRock (NYSE:BLK) Has Announced That It Will Be Increasing Its Dividend To $5.10

BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.10

Feb 06
BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.10

BlackRock: Growing 'Sticky' Fee Business And Staying Prudent

Jan 30

BlackRock (NYSE:BLK) Is Increasing Its Dividend To $5.10

Jan 18
BlackRock (NYSE:BLK) Is Increasing Its Dividend To $5.10

BlackRock, Inc. (NYSE:BLK) Just Reported And Analysts Have Been Lifting Their Price Targets

Jan 16
BlackRock, Inc. (NYSE:BLK) Just Reported And Analysts Have Been Lifting Their Price Targets

BlackRock: World's Largest Asset Manager Isn't A Buy At Any Price (Downgrade)

Jan 09

BlackRock, Inc.'s (NYSE:BLK) Popularity With Investors Is Under Threat From Overpricing

Dec 27
BlackRock, Inc.'s (NYSE:BLK) Popularity With Investors Is Under Threat From Overpricing

CEO Compensation Analysis

How has Larry Fink's remuneration changed compared to BlackRock's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$6b

Sep 30 2023n/an/a

US$5b

Jun 30 2023n/an/a

US$5b

Mar 31 2023n/an/a

US$5b

Dec 31 2022US$33mUS$2m

US$5b

Sep 30 2022n/an/a

US$6b

Jun 30 2022n/an/a

US$6b

Mar 31 2022n/an/a

US$6b

Dec 31 2021US$33mUS$2m

US$6b

Sep 30 2021n/an/a

US$6b

Jun 30 2021n/an/a

US$5b

Mar 31 2021n/an/a

US$5b

Dec 31 2020US$27mUS$2m

US$5b

Sep 30 2020n/an/a

US$5b

Jun 30 2020n/an/a

US$4b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$24mUS$2m

US$4b

Sep 30 2019n/an/a

US$4b

Jun 30 2019n/an/a

US$4b

Mar 31 2019n/an/a

US$4b

Dec 31 2018US$27mUS$2m

US$4b

Sep 30 2018n/an/a

US$6b

Jun 30 2018n/an/a

US$5b

Mar 31 2018n/an/a

US$5b

Dec 31 2017US$28mUS$900k

US$5b

Compensation vs Market: Larry's total compensation ($USD32.73M) is above average for companies of similar size in the US market ($USD12.45M).

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


CEO

Larry Fink (71 yo)

25.2yrs

Tenure

US$32,726,109

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

NamePositionTenureCompensationOwnership
Laurence Fink
Chairman & CEO25.2yrsUS$32.73m0.28%
$ 338.0m
Robert Kapito
President & Director16.5yrsUS$24.93m0.14%
$ 170.1m
Robert Goldstein
Senior MD & COO9.8yrsUS$12.23m0.031%
$ 37.5m
J. Kushel
Senior MD & Head of the Portfolio Management Group14.2yrsUS$9.84m0.094%
$ 114.3m
Gary Shedlin
Vice Chairmanless than a yearUS$8.13m0.011%
$ 12.9m
Bennett Golub
Co-Founderno datano datano data
Mark McKenna
Founderno datano datano data
Martin Small
Senior MD1.1yrsno data0.0018%
$ 2.2m
Jeff Shen
MD, Co-CIO & Co-Head of Systematic Active Equity (SAE)15.2yrsno datano data
Neeraj Seth
MD, Chief Investment Officer & Head of Asian credit – Singaporeno datano datano data
Marc Comerchero
MD & Chief Accounting Officer8yrsno data0.0014%
$ 1.7m
Derek Stein
Senior MD and Global Head of Technology & Operationsno datano datano data

12.0yrs

Average Tenure

60.5yo

Average Age

Experienced Management: BLK's management team is seasoned and experienced (12 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Laurence Fink
Chairman & CEO25.2yrsUS$32.73m0.28%
$ 338.0m
Robert Kapito
President & Director17.4yrsUS$24.93m0.14%
$ 170.1m
William Ford
Independent Director6yrsUS$369.74k0.0095%
$ 11.6m
Gordon Nixon
Independent Director8.4yrsUS$369.68k0.0021%
$ 2.5m
Murry Gerber
Lead Independent Director24.2yrsUS$452.14k0.027%
$ 33.4m
Cheryl Mills
Independent Director10.3yrsUS$354.64k0.0025%
$ 3.1m
Marco Slim Domit
Independent Director12.5yrsUS$364.96k0.0035%
$ 4.2m
Fabrizio Freda
Independent Director11.4yrsUS$339.23k0.0039%
$ 4.7m
Pamela Daley
Independent Director10.2yrsUS$379.50k0.0037%
$ 4.5m
Susan Wagner
Independent Director11.4yrsUS$379.64k0.29%
$ 348.0m
Charles Robbins
Independent Director6.8yrsUS$339.23k0.0013%
$ 1.5m
Mark Wilson
Independent Director6yrsUS$364.89k0.00075%
$ 911.8k

10.9yrs

Average Tenure

64yo

Average Age

Experienced Board: BLK's board of directors are seasoned and experienced ( 10.9 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.