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Thursday, February 3, 2011 How Much is BlackRock Paying Fink? Fundsters interested in executive compensation may want to take a look at the latest news from BlackRock [see profile]. Dow Jones' David Benoit reports that the mammoth asset manager just shelled out $12.8 million in stock to its founder and CEO, Larry Fink. (He made a total of $17.7 million, including salary and bonuses, in 2009.) According to Bloomberg's Sree Vidya Bhaktavatsalam, Fink now owns 1.38 million shares of BlackRock, worth almost $273.3 million. The New York Times and Reuters also covered the news. Printed from: MFWire.com/story.asp?s=35925 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |