BlackRock Inc. raised Chief Executive Officer Larry Fink’s total pay to $36 million for 2021, a 21% increase over the previous year.
Fink received a $1.5 million base salary, $11.3 million bonus, $18.4 million of long-term incentive awards and deferred equity of $4.9 million, the New York-based money-manager said Thursday in its annual proxy filing.
The firm’s assets rose to a record at year-end, surpassing $10 trillion, making it the first publicly traded asset manager to reach that level. Total assets dipped to $9.6 trillion at the end of the first quarter.
Read more: BNN Bloomberg
