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BlackRock's Fink awarded $28m

BlackRock’s chief executive Laurence Fink received $28.3m (€18.1m) in aggregate compensation last year, the first full year after BlackRock and Merrill Lynch Investment Managers merged in October 2006, according to a filing with the US Securities and Exchange Commission.

Included in the compensation package was a salary of $500,000 and a cash bonus of $16.15m. Stock and options grants tied to incentives made up the remainder.

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