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Blackrock Directors, Executive Pay Pass at Annual General Meeting

By:
Reuters
Updated: May 26, 2021, 14:29 UTC

NEW YORK (Reuters) - BlackRock said all of its 16 director nominees were elected with a majority of shareholder votes cast at its annual meeting on Wednesday.

The BlackRock logo is seen outside of its

The world’s largest asset manager, with nearly $9 trillion under management, also said that executive pay was backed by 93% of shareholder votes. A shareholder proposal to convert the company into a public benefit corporation was rejected, receiving only 2.3% of the vote.

(Reporting by Kate Duguid and Ross Kerber; Editing by Chizu Nomiyama)

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