Popularized in films like Limitless, legal smart drugs called Nootropics are becoming more and more prevalent in board rooms and on Wall Street.Keep reading »
Larry Fink > Lloyd Blankfein.
Laurence Fink, chairman and chief executive of BlackRock Inc., was awarded $24 million for 2013, a 12% increase from the previous year, according to a proxy filed by the company on Tuesday.
Mr. Fink, 61 years old, who runs the world’s largest asset manager, earned an $18.8 million bonus during the year, about a 15% increase from the $16.3 million BlackRock awarded him for 2012, according to company filings. Mr. Fink also took home an incentive award of $4.8 million, but that amount is tied to performance-related hurdles that Mr. Fink will have to meet. His salary of $500,000 remained unchanged….
By comparison, Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc., earned $23 million in salary and bonus in 2013, about a 9.5% increase from 2012. Mr. Blankfein’s pay was the highest among the top executives at the traditional Wall Street firms.