Laurence D. Fink
2019
In 2019, Laurence D. Fink earned a total compensation of $24.3M as Chairman and Chief Executive Officer at BlackRock, a 8% decrease compared to previous year.
Compensation breakdown
| Bonus | $7,750,000 |
|---|---|
| Salary | $1,500,000 |
| Stock Awards | $14,750,004 |
| Other | $308,250 |
| Total | $24,308,254 |
Fink received $14.8M in stock awards, accounting for 61% of the total pay in 2019.
Fink also received $7.8M in bonus, $1.5M in salary and $308.3K in other compensation.
Rankings
In 2019, Laurence D. Fink's compensation ranked 88th out of 13,971 executives tracked by ExecPay. In other words, Fink earned more than 99.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 88 out of 13,971 | 99th |
Division Finance, Insurance, And Real Estate | 12 out of 2,894 | 100th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 7 out of 254 | 97th |
Industry group Security Brokers, Dealers, And Flotation | 4 out of 83 | 95th |
Industry Security Brokers, Dealers, and Flotation Companies | 4 out of 83 | 95th |
Pay ratio
| Laurence D. Fink's Pay | $24,308,254 |
|---|---|
| Median Employee's Pay | $133,644 |
| Pay Ratio | 182to 1 |
In 2019, the annual total compensation of Laurence D. Fink was $24,308,254.
The annual total compensation of the median employee at BlackRock was $133,644.
The ratio of Laurence D. Fink's pay to the pay of median employee was therefore 182 to one.
Source: SEC filing on April 9, 2020.
Fink's colleagues
We found four more compensation records of executives who worked with Laurence D. Fink at BlackRock in 2019.