Joshua S. Boger was the CEO of Vertex Pharmaceuticals from 2005 to 2009, where he led the company during a critical growth period. Under his leadership, Vertex made significant advances in biotechnology, especially for cystic fibrosis treatments like Kalydeco and...

Current Market Cap

$115.61B

Number of Employees

5.4K

Total Compensation

2005 - 2009

Trending up by 191.16% last year
Showing total compensation for the last 2005 - 2009

Stock

Up by 0.00% last year

Salary

Down by -48.50% last year

Bonus

Down by -100.00% last year

Other

Up by 25574.96% last year

Year

2009

Total Compensation

$5.00M

Salary

$373.41K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and market competitiveness, ensuring retention and motivation of key executives.

Bonus

$0.00

Board Justification

Dr. Boger did not receive a bonus for 2009 performance as his employment terminated in May 2009.

Other

$3.04M

Board Justification

This includes a cash severance payment and other benefits provided under the transition agreement following his termination as CEO.

Restricted Stock

$1.58M(0 Restricted Stock)

Board Justification

No stock was vested in 2009 as the stock grants were not specified to have vested during this year.

Performance Metrics

The performance metrics for determining compensation were based on company performance and individual contributions, although specific metrics for 2009 were not detailed.

SEC Filing

From April 15, 2010