Jeffrey M. Leiden is the CEO and Chairman of Vertex Pharmaceuticals, a company making waves in the biotech world with its innovative treatments. He stepped into the CEO role in February 2012 after joining Vertex as CEO Designee in late...

Current Market Cap

$120.02B

Number of Employees

5.4K

Total Compensation

2016 - 2020

Trending up by 404.34% last year
Showing total compensation for the last 2016 - 2020

Stock

Up by 0.00% last year

Salary

Down by -2.47% last year

Bonus

Down by -100.00% last year

Other

Up by 0.00% last year

Year

2020

Total Compensation

$14.50M

Salary

$1.12M

Board Justification

The compensation philosophy emphasizes performance alignment with company goals and shareholder interests, with a significant portion of compensation tied to performance metrics.

Bonus

$0.00

Board Justification

No bonus was awarded for 2020 as per the compensation structure for the Executive Chairman role.

Other

$43.14K

Board Justification

Other compensation includes 401(k) match, life insurance premiums, and contributions to the Vertex Foundation Matching Gift Program.

Restricted Stock

$13.34M(13.34M RSU)

Board Justification

The stock awards that vested in 2020 were based on performance metrics achieved in prior years, specifically related to Vertex's financial and operational goals.

Performance Metrics

Performance metrics included achieving financial targets related to CF net product revenues and advancing clinical programs.

SEC Filing

From April 8, 2021