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Rating:Larry Fink Nears the Top of a List Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 6, 2011

Larry Fink Nears the Top of a List

News summary by MFWire's editors

The Associated Press has unveiled its list of the 50 highest-paid CEOs for 2010 in an analysis for Standard & Poor's 500 companies.

Fundsters may be intrigued by several names: #14 Blackrock's [see profile] Laurence Fink, $23.8 million, up 50 percent; and #31 Robert Kelly of Bank of New York Mellon [see profile], $19.4 million, up 73 percent.

The list includes companies that had the same CEO for all of 2009 and 2010 and that filed proxy statements with the Securities and Exchange Commission between Jan. 1 and April 30. They are based on the AP's compensation formula, which adds up salary, perks, bonuses, preferential interest rates on pay set aside for later, and company estimates for the value of stock options and stock awards on the day they were granted last year.  

Edited by: Hung Tran


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