BlackRock’s Larry Fink gets 8 percent pay hike

BlackRock Inc Chief Executive Officer Larry Fink is pictured at a business roundtable meeting of company leaders and U.S. Republican Presidential candidate Mitt Romney in Washington in this June 13, 2012 file photo. REUTERS/Jason Reed/FilesThomson ReutersFile photo of Blackrock CEO Larry Fink at a business roundtable meeting of company leaders in Washington

(Reuters) – BlackRock Inc , the world’s largest asset manager, raised the total compensation for Chairman and Chief Executive Larry Fink by about 8 percent in 2015.

Fink was awarded $25.8 million in compensation in 2015, compared with $23.9 million in 2014, according to a regulatory filing.

(Reporting By Sudarshan Varadhan in Bengaluru; Editing by Anil D’Silva)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

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