Laurence D. Fink

Chairman and CEO at BlackRock Inc

Board

Since 1988

Tenure

Has been with the company since its inception and advanced to the Chairman and Chief Executive Officer role while driving key strategic initiatives and acquisitions.

Also at BlackRock Inc

Caroline Heller

Senior Managing Director, Global Head of Human Resources

CJM

Christopher J. Meade

Senior Managing Director, Chief Legal Officer, and General Counsel

JRK

J. Richard Kushel

Senior Managing Director, Head of Portfolio Management Group

About

Laurence D. Fink has led the firm into becoming a global asset management powerhouse by building a comprehensive, integrated investment and technology platform. Under his guidance, the firm has reached significant milestones, including achieving an assets under management total of $11.6 trillion and maintaining a compounded annual total return of 21% since its IPO.

Throughout his tenure, his strategic vision has steered the company through major acquisitions such as Global Infrastructure Partners, enhancing its capabilities across varied investment sectors. His leadership has not only fostered innovation and client trust but also aligned executive incentives with long-term shareholder value.

While detailed personal background information including educational achievements remains unavailable, his career at the firm is marked by persistent growth and transformation. His role as both Chairman and Chief Executive Officer underscores his commitment to strategic excellence and financial stewardship, firmly positioning the firm as a leader in the asset management industry.

$BLK Performance Under Laurence D. Fink

Past Roles

Organization	Role	Date Range	Details
The First Boston Corporation	Managing Director and Member of the Management Committee	Pre-1988	Specialized in fixed-income investments and trading

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	N/A	N/A	No fixed compensation details provided

Performance Compensation

Data from FY 2024

Performance Compensation Components

Component Name	Target/Threshold	Max/Cap	Weights	Vesting Schedule	Evaluation Period	Additional Details
Carried Interest	Investment returns must exceed pre-specified thresholds	100% at-risk (no cap)	N/A	3-year ratable vesting; forfeiture upon termination unless exceptions apply (qualified retirement, death, or disability)	Based on the performance of flagship private market funds in 2024	Represents a percentage share of future value creation above a preferred investor return; subject to clawback and holdback provisions

The performance compensation in 2024 is fully tied to the performance of participating funds that typically raise over $1 billion. No exact dollar amounts or share quantities are provided; the carry incentive’s value is contingent on future investment returns and is structured to align compensation with long-term shareholder value.