BlackRock (BLK) executive compensation, 2026 proxy

Laurence D. Fink, Chairman and Chief Executive Officer, was paid $37.7M in 2025, up 23% from $30.8M the year before. The CEO-to-median-employee pay ratio was 245:1, on median employee pay of $153,770.

Filed
April 10, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
5
CEO total pay
$37.7M+23% vs prior year
CEO to median employee
245:1median $153,770
CEO pay in equity
65%$24.6M in awards
BPIP maximum payout
165%Both metrics at maximum
BPIP target payout
100%Target performance
Annual RSU vesting
One-thirdOn each of three anniversaries
Shareholder returns
$5.0BDividends and repurchases
Organic base fee growth
9%2025 company performance

How Fink was paid

$37.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Bonus28%Stock awards65%All other compensation3%

Named executive officers

ExecutiveTotal
Laurence D. FinkChairman and Chief Executive Officer$37,749,569
Robert S. KapitoPresident$25,742,506
Robert L. GoldsteinSenior Managing Director and Chief Operating Officer$15,560,939
Martin S. SmallSenior Managing Director, Chief Financial Officer and Global Head of Corporate Strategy$13,649,287
J. Richard KushelSenior Managing Director and Head of the Portfolio Management Group$11,013,467

What changed and why

  • $37.7M$37.7M CEO total compensation increased from $30.8M in 2024, driven primarily by higher stock awards.
  • $24.6M$24.6M CEO stock awards exceeded his $10.6M annual cash bonus.
  • 165%165% was the maximum BPIP payout for maximum performance on both Organic Revenue Growth and Operating Margin.
  • 100%100% was the BPIP target payout, with awards based on three-year performance.
  • $1.1M$1.1M of CEO other compensation included aircraft use and personal and residential security expenses.
  • 2025 annual bonuses were paid in January 2026, while related equity awards will appear in the next proxy.

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.

BlackRock (BLK) Executive Compensation: 2026 Proxy Statement | Gloomberb