BlackRock CEO Laurence Fink's total compensation for 2025 rose to $37.7 million, a significant increase from $30.8 million in the prior year, according to a company filing. [3, 7] The pay raise was awarded as the firm's assets under management reached a record $14 trillion, and it surpassed quarterly profit estimates. [1, 3, 5, 7]
Despite the strong company performance, the executive pay plan received a lukewarm reception from shareholders. The proposal passed with support from only about 65% of votes cast, a figure well below the average approval rate for S&P 500 companies. [6] The low support followed recommendations from major proxy advisory firms to vote against the packages, citing concerns over a lack of transparency in how performance incentives are determined. [3, 6, 7]