Fundsters interested in executive compensation may want to take a look at the latest news from BlackRock
]. Dow Jones
' David Benoit reports
that the mammoth asset manager just shelled out $12.8 million in stock to its founder and CEO, Larry Fink
. (He made a total of $17.7 million, including salary and bonuses, in 2009.)
According to Bloomberg
's Sree Vidya Bhaktavatsalam, Fink now owns 1.38 million shares of BlackRock, worth almost $273.3 million.
The New York Times
also covered the news.
Neil Anderson, Managing Editor
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