BlackRock, Inc.
50 Hudson Yards
New York, NY 10001
United States
212 810 5300
https://www.blackrock.com
Sector(s):Financial Services
Industry:Asset Management
Full Time Employees:19,900
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Laurence Douglas Fink | Chairman & CEO | 9.48M | N/A | 1952 |
| Mr. Robert Steven Kapito | President & Director | 7.13M | N/A | 1956 |
| Mr. Robert Lawrence Goldstein | Senior MD & COO | 3.1M | N/A | 1974 |
| Mr. J. Richard Kushel | Senior MD & Head of the Portfolio Management Group | 2.6M | N/A | 1967 |
| Mr. Gary Stephen Shedlin | Vice Chairman | 2.21M | N/A | 1963 |
| Dr. Bennett W. Golub Ph.D. | Co-Founder | N/A | N/A | 1958 |
| Mr. Mark McKenna | Founder, MD, Global Head of Event Driven Equity Strategies & Portfolio Manager | N/A | N/A | N/A |
| Mr. Martin Small | Senior MD, CFO & Global Head of Corporate Strategy | N/A | N/A | N/A |
| Dr. Jeff Shen Ph.D. | MD, Co-CIO & Co-Head of Systematic Active Equity (SAE) | N/A | N/A | N/A |
| Mr. Neeraj Seth | MD, Chief Investment Officer & Head of Asian credit Singapore | N/A | N/A | N/A |
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
Description
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
Corporate Governance
BlackRock, Inc.’s ISS Governance QualityScore as of December 1, 2023 is 3. The pillar scores are Audit: 6; Board: 7; Shareholder Rights: 1; Compensation: 6.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
As an expert in financial services and asset management, I have a comprehensive understanding of the information provided in the article about BlackRock, Inc. Let me delve into the key concepts mentioned:
BlackRock, Inc.
Address and Contact Information:
- Address: 50 Hudson Yards, New York, NY 10001, United States
- Phone: 212-810-5300
- Website:
Financials and Employment:
- Sector(s): Financial Services
- Industry: Asset Management
- Full-Time Employees: 19,900 (as of December 31, 2022)
Key Executives:
-
Mr. Laurence Douglas Fink
- Title: Chairman & CEO
- Pay: $9.48M
- Year Born: 1952
-
Mr. Robert Steven Kapito
- Title: President & Director
- Pay: $7.13M
- Year Born: 1956
-
Mr. Robert Lawrence Goldstein
- Title: Senior MD & COO
- Pay: $3.1M
- Year Born: 1974
-
Mr. J. Richard Kushel
- Title: Senior MD & Head of the Portfolio Management Group
- Pay: $2.6M
- Year Born: 1967
-
Mr. Gary Stephen Shedlin
- Title: Vice Chairman
- Pay: $2.21M
- Year Born: 1963
-
Dr. Bennett W. Golub Ph.D.
- Title: Co-Founder
- Year Born: 1958
-
Mr. Mark McKenna
- Title: Founder, MD, Global Head of Event Driven Equity Strategies & Portfolio Manager
- Year Born: N/A
-
Mr. Martin Small
- Title: Senior MD, CFO & Global Head of Corporate Strategy
- Year Born: N/A
-
Dr. Jeff Shen Ph.D.
- Title: MD, Co-CIO & Co-Head of Systematic Active Equity (SAE)
- Year Born: N/A
-
Mr. Neeraj Seth
- Title: MD, Chief Investment Officer & Head of Asian credit – Singapore
- Year Born: N/A
Financial Overview (as of December 31, 2022):
- Total Employees: 19,900
- Compensation Values: Amounts are for the last fiscal year ending on that date.
- Pay Components: Salary, bonuses, etc.
- Exercised: The value of options exercised during the fiscal year.
- Currency: Values are in USD.
Description of BlackRock, Inc.
- Nature of Business: BlackRock, Inc. is a publicly owned investment manager.
- Client Base: It provides services to institutional, intermediary, and individual investors, including various entities such as corporate, public, union, and industry pension plans, insurance companies, and more.
- Services Offered: Asset management, global risk management, and advisory services.
- Investment Vehicles Managed: Open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles.
Investment Strategies and Areas:
- Investment Markets: Public equity, fixed income, real estate, currency, commodity, and alternative markets globally.
- Stock Types: Growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies.
- Securities: Investment in investment-grade municipal securities, government securities, corporate bonds, and asset-backed and mortgage-backed securities.
- Analysis Approach: Fundamental and quantitative analysis, with a focus on a bottom-up and top-down approach.
Corporate Governance:
- ISS Governance QualityScore (as of December 1, 2023): 3
- Pillar Scores:
- Audit: 6
- Board: 7
- Shareholder Rights: 1
- Compensation: 6
- Explanation: Scores indicate decile rank relative to index or region, with a lower score indicating lower governance risk and a higher score indicating higher governance risk.
This information provides a comprehensive overview of BlackRock, Inc., covering its key executives, financials, services, and corporate governance. If you have any specific questions or need further clarification on any aspect, feel free to ask.
