BlackRock's executive pay wins 67% support at annual meeting
ReutersMay 15, 2025 12:43 PM
BOSTON, May 15 (Reuters) - Top asset manager BlackRock BLK.N said on Thursday that 67% of votes cast at its annual meeting were in support of its executive pay, a relatively low level.
Proxy adviser Institutional Shareholder Services had recommended investors vote against the pay of top executives including CEO Larry Fink, who was paid $30.8 million in 2024.
ISS said BlackRock did not sufficiently address investors' compensation concerns in 2023, when only 59% of votes cast supported the pay of top executives.
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