#Hashtags #BlackRock #ExecutivePay #CryptoTransparency #Bitcoin
BlackRock, the world’s biggest asset manager, is back in hot water over CEO Larry Fink’s $37 million paycheck for 2024. Despite investor outrage last year, the latest 50-page proxy statement offers more fluff than facts.
Shareholders demanded clear links between performance and pay. Instead, they got vague buzzwords like “organizational strength” and “lead in a changing world.” The actual metrics? Still unranked, with no weightings, no benchmarks, and no real transparency.
Even top proxy advisors Glass Lewis and ISS aren’t thrilled. They admit improvements, but only call them “adequate” and “incremental.” One-time bonuses are gone—for now—but it’s unclear if that’s policy or just a PR move.
In a time when crypto champions transparency, BlackRock’s opacity raises eyebrows. How can a firm leading the charge into Bitcoin still be this unclear about its own leadership rewards?
Investors aren’t asking for miracles—just answers.