BlackRock CEO Larry Fink’s compensation for 2025 surged to $37.7 million, as revealed in a recent proxy filing from the world’s largest asset manager. This package included a base salary of $1.5 million and a bonus of $10.6 million. Notably, Fink’s total pay in 2024 was $30.8 million, marking a significant increase primarily due to a $6.5 million boost in stock awards granted to him.
In a letter to investors, Fink highlighted the company’s strong position, stating, “We’re entering 2026 with elevated momentum and we’re positioned ahead of significant future opportunities.” Meanwhile, proxy adviser Institutional Shareholder Services had recommended shareholders oppose the executive pay packages last year, including Fink’s. Despite this, BlackRock reported receiving 67% support from votes cast on executive compensation.
In January, BlackRock announced its assets under management had reached a record $14 trillion. The firm exceeded Wall Street profit expectations in the fourth quarter of 2025, posting a net profit of $2.18 billion, excluding certain one-time charges. While BlackRock’s shares gained 4.5% throughout 2025, they have declined by more than 12% so far in the current year.
