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BlackRock Increased Fink’s Pay 18% to $29.9 Million for 2020

  • Firm ended last year with a record $8.68 trillion in assets
  • Five senior executives named in proxy received pay increases
Larry Fink

Larry Fink

Photographer: Justin Chin/Bloomberg
Updated on

BlackRock Inc. gave Chief Executive Officer Larry Fink $29.9 million in total compensation for 2020, an 18% increase from the previous year.

Fink received a base salary of $1.5 million, a cash payment of $9.5 million, deferred equity compensation of $3.95 million and a long-term incentive award of $14.9 million, according to the company’s proxy statement Thursday.