CEO total pay
$37,749,569
Laurence D. Fink · 2025
Say on pay
Not disclosed
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CEO pay ratio
Not in CD&A
Item 402(u) section may live outside the CD&A
Compensation committee
CD&ACompensation Committee
Per the latest proxy
Filings indexed: 2 · 2026 · 2025
Executive pay
What did they pay them?
From the Summary Compensation Table. Pay mix and YoY are computed from these rows.
| Executive | Role | TotalYoY | Pay mix | Salary | Stock | Cash incentive | Other |
|---|---|---|---|---|---|---|---|
Laurence D. Fink2025 compensation | Chairman and Chief Executive Officer | $37,749,569↑ 23% | 93% at-risk | $1,500,000 | $24,600,184 | — | $1,081,885 |
Martin S. Small2025 compensation | Senior Managing Director, Chief Financial Officer and Global Head of Corporate Strategy | $13,649,287↑ 44% | 94% at-risk | $750,000 | $7,874,937 | — | $22,500 |
Robert S. Kapito2025 compensation | President | $25,742,506↑ 18% | 94% at-risk | $1,250,000 | $17,100,006 | — | $392,500 |
Robert L. Goldstein2025 compensation | Senior Managing Director and Chief Operating Officer | $15,560,939↑ 19% | 95% at-risk | $750,000 | $9,746,734 | — | $62,355 |
J. Richard Kushel2025 compensation | Senior Managing Director and Head of the Portfolio Management Group | $11,013,467↑ 9% | 93% at-risk | $750,000 | $6,824,612 | — | $63,855 |
Pay mix: base cash incentive equity other
CD&A excerpt
Compensation discussion & analysis
Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.
Read the full CD&A on SEC.gov ↗
Governance
Policy guardrails
hedging
prohibited
“PROHIBITION ON HEDGING AND PLEDGING BLACKROCK SECURITIES”
pledging
prohibited
“PROHIBITION ON HEDGING AND PLEDGING BLACKROCK SECURITIES”
clawback
present
“Clawback Policy prohibits BlackRock from indemnifying any current or former executive officer against the loss of erroneously awarded compensation.”
stock ownership guidelines
present
“STOCK OWNERSHIP GUIDELINES”
change in control
POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL
“POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL”
compensation consultant
independent
“Compensation Discussion and Analysis Communications with the Board Shareholders and other interested parties may contact any member (or all members) of the Board, any Committee or any Chair of any such Committee by mail …”
compensation committee
Compensation Committee
“Management Development & Compensation Committee Report”
Performance markers
Metric facts
revenue
$24.2 billion
“markets driven evolution of BlackRock’s business strategy. More details on the Executive Carry Program can be found on page 72.Overall Assessment: Far Exceeds Expectations Performance CategoryPerformance HighlightsFinanc…”
operating income
$9.6 billion
“growth on a percentage basis since 2021, achieved from a higher-than ever revenue and AUM base (AUM closed the year above $14 trillion AUM, up from $11.6 trillion in 2024). •Coupled with disciplined expense management, t…”
performance equity mix
100%
“The performance-based RSUs settle in the form of shares of BlackRock common stock, directly tying the future value of the award to shareholder value creation.”
time equity mix
—
“For purposes of our stock ownership guidelines, “ownership” generally includes BlackRock shares owned outright, whether directly or indirectly, as well as unvested, time-based RSUs or restricted shares (but excludes unex…”
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Anything about BlackRock, Inc.’s 2026 proxy
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