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Blackrock's mission is to help customers build better financial futures, and the company is familiar with the fact that they manage more money than any other investment company in the world.

New -Delhi: Larry Fink is the chairman and CEO of Blackrock, the world's largest asset management company. The company was founded in 1988 and supervises trillion dollars worldwide. The company, which was founded in 1988 by Larry Fink and Seven Partners, has developed into a leading world in the world in investment and technology solutions. Blackrock's mission is to help customers build better financial futures, and the company is familiar with the fact that they manage more money than any other investment company in the world. Last year Larry Fink managed to earn $ 36.7 million, which rose from an increase of 33 percent compared to USD 26.9 million. According to a report, the increase in his profit after the asset management giant and the Fortune Forteune predecessor of the asset management giant and the strong net investor inflows (ISS), the world's leading proxy consulting company, recommended that the shareholders against Blackrock's Executive remuneration proposal for May 15, on May 15th, on May 15th A proposal from Blackrock are right.

According to Fortune reports, Finks was 1.5 million basic content of USD 1.5 million, although its cash bonus rose from USD 7.9 million to USD 10.6 million. The total stock grant of the CEO also rose to $ 24.6 million of USD 16.4 million. The company said: “Blackrock has a long-term pay-for-performance culture, and our program for the remuneration of managers is pursuing a metricist-oriented approach that corresponds to the success of long-term business goals in the name of the shareholders,” Fortune cited.

Blackrock also mentioned: “We appreciate the opinion of our shareholders and look forward to another commitment,” as stated in the report.

According to a Fortune report, ISS warned that the proxy consultant believes that Blackrock did not react appropriately to investor concerns that were raised last year. Only 59 percent for the company's remuneration agreement last year, a severe decline compared to the usual 93 percent average backing -backing black rock has been received in the past decade in the past decade.

Blackrock has explained that it deals with managers and investors of its 50 largest shareholders – the collective have around 65 percent of the outstanding shares of the company – to clear up the concerns of the votes of the past year. However, the investment company acknowledged that they received criticism of one-time stock options that were granted several managers, and emphasized that no such awards were granted in 2024, according to the Fortune report.

What exactly is in Fink's salary package?

According to reports, the basic content of Fink is 1.5 million USD, a cash bonus of $ 10.6 million and USD 24.6 million for stock prices.