Sundar PichaiSundar Pichai earned $164M in 2023

Reshma Kewalramani is the CEO of Vertex Pharmaceuticals, having taken on the role in April 2020 after previously serving as the Chief Medical Officer. She has made significant impacts in the biotech industry, particularly known for her work on medicines...

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Reshma Kewalramani

CEO of Vertex Pharmaceuticals

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

CEO of Vertex Pharmaceuticals for

5 years 0 months (Apr 2020 - Present)

Previous Experience

Unknown

Holdings

See how much did Reshma Kewalramani make over time.

As of 2024, Reshma Kewalramani has a significant stake in Vertex Pharmaceuticals, valued at over $71 million. She has been rapidly increasing her holdings since taking the CEO position in 2020. Early in her tenure, Kewalramani's wealth was concentrated within...

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Total Stock Sold

$61.05M

VRTX

$61.05M

158,350 VRTX shares

What if they kept their stock?

If Reshma Kewalramani didn't sell their stock, today they would have:
Extra VRTX158,350 shares worth $39.22M.
This is -35.76% and $21.83M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Reshma Kewalramani.

VRTX

19,015 shares

VRTX

Feb 12, 2025

Received

VRTX

49,446 shares

VRTX

Feb 4, 2025

Received

VRTX

$7.83M

VRTX at $515.00/share

Nov 8, 2024

Sale

VRTX

$7.68M

VRTX at $505.00/share

Jul 30, 2024

Sale

VRTX

$7.56M

VRTX at $497.00/share

Jul 22, 2024

Sale

VRTX

$715.21K

VRTX at $457.00/share

May 24, 2024

Sale

VRTX

$6.80M

VRTX at $447.00/share

May 20, 2024

Sale

VRTX

61,815 shares

VRTX

Feb 6, 2024

Received

VRTX

$6.97M

VRTX at $407.00/share

Dec 15, 2023

Sale

VRTX

$2.02M

VRTX at $397.00/share

Dec 13, 2023

Sale

Compensation History

See how much did Reshma Kewalramani make over time.

In 2022, Reshma Kewalramani's compensation as CEO of Vertex Pharmaceuticals reached approximately $15.86 million. This figure includes a base salary of $1.39 million, a performance-based cash bonus of around $3.78 million, and stock awards valued at over $10.64 million. Her compensation package reflects the company's success and her contributions to its strategic direction, particularly in the development of life-changing therapies for cystic fibrosis. Kewalramani’s pay structure is designed to align her interests with those of the shareholders, emphasizing performance and long-term growth. The way her compensation is structured shows a strong link to Vertex's productivity in the market and the vital role she plays in its innovation strategy.

Year

2022

Total Compensation

$15.86M

Salary

$1.40M

Board Justification

The compensation philosophy aims to attract, retain, and motivate high-caliber executives, aligning their interests with those of shareholders and linking compensation to performance metrics.

Bonus

$3.78M

Board Justification

The bonus is based on company performance factors and individual performance factors, with a target cash bonus of 120% of base salary and a company performance factor of 145% for 2022.

Other

$43.06K

Board Justification

Other compensation includes contributions to the 401(k) plan, life insurance premiums, and matching gifts to charities.

Restricted Stock

$10.64M(10.64M RSU)

Board Justification

The stock awards consist of performance-based RSUs and time-based RSUs that vested in 2022, reflecting the company's performance in the previous year.

Performance Metrics

The performance metrics for determining compensation include CF net product revenues and individual performance ratings.

Other Vertex Pharmaceuticals CEOs

Here are other CEOs of Vertex Pharmaceuticals