BlackRock Chairman and CEO Laurence D. Fink’s total compensation rose to $29.85 million in 2020, an 18.2% increase from $25.25 million in the prior year, according to the company’s proxy statement filed Thursday with the SEC.

The largest portion of Mr. Fink’s 2020 compensation — $14.9 million — was from a long-term incentive award, followed by cash at $9.5 million; deferred equity, $3.95 million; and base salary, $1.5 million.

In 2019, Mr. Fink’s compensation of $25.25 million comprised a long-term incentive award of $11.75 million; cash, $7.75 million; deferred equity, $4.25 million; and base salary, $1.5 million

Read more/Source: Pensions&Investments