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BlackRock's executive pay wins 67% support at annual meeting
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BlackRock's executive pay wins 67% support at annual meeting
May 26, 2025 8:34 AM

BOSTON (Reuters) -Top asset manager BlackRock ( BLK ) 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 ( BLK ) 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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