Laurence D. Fink
2018
In 2018, Laurence D. Fink earned a total compensation of $26.5M as Chairman and Chief Executive Officer at BlackRock, a 4% decrease compared to previous year.
Compensation breakdown
| Bonus | $7,750,000 |
|---|---|
| Salary | $1,500,000 |
| Stock Awards | $17,049,844 |
| Other | $243,500 |
| Total | $26,543,344 |
Fink received $17M in stock awards, accounting for 64% of the total pay in 2018.
Fink also received $7.8M in bonus, $1.5M in salary and $243.5K in other compensation.
Rankings
In 2018, Laurence D. Fink's compensation ranked 77th out of 14,244 executives tracked by ExecPay. In other words, Fink earned more than 99.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 77 out of 14,244 | 100th |
Division Finance, Insurance, And Real Estate | 12 out of 2,986 | 100th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 7 out of 243 | 97th |
Industry group Security Brokers, Dealers, And Flotation | 2 out of 96 | 98th |
Industry Security Brokers, Dealers, and Flotation Companies | 2 out of 96 | 98th |
Pay ratio
| Laurence D. Fink's Pay | $26,543,344 |
|---|---|
| Median Employee's Pay | $136,313 |
| Pay Ratio | 195to 1 |
In 2018, the annual total compensation of Laurence D. Fink was $26,543,344.
The annual total compensation of the median employee at BlackRock was $136,313.
The ratio of Laurence D. Fink's pay to the pay of median employee was therefore 195 to one.
Source: SEC filing on April 12, 2019.
Fink's colleagues
We found four more compensation records of executives who worked with Laurence D. Fink at BlackRock in 2018.