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    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

    CH
    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

    OrganizationRoleDate RangeDetails
    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 NameAmountPayment ScheduleAdditional Details
    Base SalaryN/AN/ANo fixed compensation details provided

    Performance Compensation

    Data from  FY 2024

    Performance Compensation Components

    Component NameTarget/ThresholdMax/CapWeightsVesting ScheduleEvaluation PeriodAdditional Details
    Carried InterestInvestment returns must exceed pre-specified thresholds 100% at-risk (no cap)N/A3-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.