MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, April 29, 2008 Fink Jealous of Thain -- We Think Not Larry Fink's $41.87 million pay package is getting noticed. The NY Times blog riffs off the Reuters report on the BlackRock CEO's pay package that was disclosed in the money managers latest financial reports. Fink saw a 27 percent increase in his take home from last year. That package includes $500,000 in base salary, a bonus of $16.15 million that is up 59 percent from last year and $230,552 of "other" compensation. The biggest part of the package were stock options valued at $25 million. The NY Times blog wonders if Fink is "a little disappointed" despite the raise and posits that he would have earned more as the CEO of Merrill Lynch -- John Thain earned $83.8 million. The MFWire does not wonder as much. Fink, after all, is happy at his custom-built home at BlackRock -- and how can one really place a value on happiness? Printed from: MFWire.com/story.asp?s=18092 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |