Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

BlackRock’s Fink Gets Stock Award Valued at $12.4 Million

BlackRock Inc., the world’s biggest money manager, awarded Chief Executive Officer Laurence D. Fink $12.4 million in equity compensation, according to a regulatory filing today.

Fink’s award includes 32,884 shares, valued at $7.65 million, based on the Jan. 18 average share price of $232.63, New York-based BlackRock said. The bonus vests over three years, starting in January 2014. BlackRock awarded Fink additional shares, subject to certain performance goals, valued at $4.75 million, according to the filing.

Total equity compensation for Fink, 60, rose 14 percent from a year earlier, when he received $10.9 million. The firm hasn’t disclosed Fink’s total pay for 2012. BlackRock paid him $21.9 million for 2011.

Goldman Sachs Group Inc. boosted CEO Lloyd C. Blankfein’s stock bonus for last year 90 percent to $13.3 million. Incentive awards for Jamie Dimon, CEO of JPMorgan Chase & Co., fell to $10 million, all in restricted shares that vest over three years, from $21.5 million.

BlackRock’s shares increased 16 percent last year, compared with a 25 percent gain in the 20-member Standard & Poor’s index of asset managers and custody banks. Net income rose 5.2 percent to $2.46 billion. Assets under management climbed to a record $3.79 trillion.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.