Proxy advisory firm Glass Lewis has said the pay of BlackRock's top executives, including CEO Larry Fink, is too high and shareholders should "express their concern" at the next meeting.
Glass Lewis said Fink was paid "significantly more" than the peer average last year but had "performed moderately worse", pointing to the company's earnings per share growth along with other figures, according to Reuters. In its report, the shareholder adviser said: "The company has been deficient in aligning pay with performance." Aberdeen's Gilbert and BlackRock's Fink ranked among top 100 global CEOs Fink has one of the largest public company CEO pay packages in the finance industry, earning $25.5m in 2016 based on a calculation of his pay. Last month, BlackRock in its compe...
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