BlackRock executive pay wins only narrow support from shareholders

By Thomson Reuters May 15, 2024 | 8:09 AM

(Reuters) – Asset manager BlackRock on Wednesday said only about 58% of advisory votes cast at its annual meeting supported the pay of its top executives.

Top proxy advisors had recommended votes against the pay. At the meeting, which was webcast, BlackRock also said all 16 of its director nominees received well over a majority of votes cast.

(Reporting by Ross Kerber)