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...

Number of Employees

5.4K

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.

SEC Filing

From April 4, 2024