Laurence D. Fink
Chairman of the Board and Chief Executive Officer
Blackrock, Inc.
New York
,
NY
Sector: FINANCIAL / Asset Management
Officer since September 2006
56 Years Old
Laurence D. Fink (age 56), Director since 1999, has been chairman and chief executive officer of BlackRock since its formation in 1998 and of BlackRock's predecessor entities since 1988. Mr. Fink is also a trustee of one of BlackRock's open-end fund complexes and a director of several of BlackRock's offshore funds.
Forbes Rankings |
55th on the Forbes Executive Pay in 2009 |
BlackRock - 619th on the Forbes Global 2000 in 2009 |
BlackRock Forbes 400 Best Big Companies in 2009 |
52nd on the Forbes Executive Pay in 2008 |
BlackRock - 613rd on the Forbes Global 2000 in 2008 |
See All Rankings > |
Compensation for 2008
Salary | $500,000.00 |
Bonus | $11,372,500.00 |
Restricted stock awards | $7,556,062.00 |
All other compensation | $365,443.00 |
Option awards $ | $3,581,723.00 |
Non-equity incentive plan compensation | $0.00 |
Change in pension value and nonqualified deferred compensation earnings | $0.00 |
Total Compensation | $23,375,728.00 |
Options Granted
Grant Date |
All other stock awards (# of shares of stocks or units) | Number of securities underlying options | Exercise or base price |
Percent of total options granted in fiscal year | Grant date fair value of stock and option awards | See More |
01/22/2008 | 41,396 | - | $ - | 0% | $8,403,388.00 | |
01/31/2007 | - | - | $167.76 | 0% | $16,714,971.00 | |
01/25/2007 | 48,785 | - | $ - | 0% | $8,278,815.00 | |
01/23/2006 | 29,831 | - | $ - | 0% | $3,823,738.00 | |
- | - | 500,000 | $37.36 | 13.4% | $ - | |
- | - | 100,000 | $43.31 | 6.75% | $ - | |
Options Exercised
Number of securities underlying options exercisable | 112,500 |
Number of securities underlying options unexercisable | 500,000 |
Value of unexercised options, currently exercisable | $7,697,750.00 |
Value of unexercised options, currently unexercisable | $35,560,000.00 |
Forbes.com Headlines
Kendrick Wilson, who advised Hank Paulson during the financial crisis, also worked at Goldman and Lazard.
The huge insurer decides taking some TARP money isn't a bad idea.
The investment firm reports a 24% spike in earnings, but analysts expected more.
Tech stocks and home builders were the leaders on an otherwise flat day on Wall Street.
Huge vulnerabilities in the U.S. banking system still remain as the subprime meltdown continues.
News Wire Headlines