Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
Bloomberg: Serious Issues with Pay Transparency for BlackRock Executives
According to Techub News and Bloomberg, BlackRock Inc.'s annual proxy statement spans over 50 pages detailing executive compensation. However, the contents listed therein do not adequately explain why CEO Larry Fink received a compensation of $37 million in 2024.
Previously, BlackRock's shareholders cast a rare large number of votes against its compensation framework at last year's annual shareholder meeting. The reason was the lack of transparency in compensation decisions and the issuance of one-time bonuses without any actual conditions. Subsequently, BlackRock claimed that half of the executive bonuses depend on financial performance. The other half is divided among vague targets such as "business strength" and "organizational strength."
However, the two top proxy advisory firms serving BlackRock, Institutional Shareholder Services (ISS) and Glass Lewis & Co., still believe that there are issues with the compensation process.