BlackRock (BLK) has awarded Larry Fink, its founder and chief executive, $13 million in restricted stock and options in a further sign that financial co.’s are moving away from the relative frugality of the financial crisis. The stock award, which forms part of Mr Fink’s bonus for 2010, comes after a year spent integrating the $13.5 billion purchase of Barclays Global Investors to create the world’s largest money manager by assets. – FT
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply