Biopharma & Life Sciences
Amphastar Pharmaceuticals Executive Compensation (FY25)
AMPH · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Jack Yongfeng Zhang | Latest say-on-pay support = June 1, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 17, 2026Latest filing (8-K): June 3, 2026
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
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Velarion Member, one year
308 figures on this page: 306 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Jack Zhang → Jack Yongfeng Zhang
CEO pay ratio: 94:1 → 135:1 (43.6% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Amphastar Pharmaceuticals' chief executive and what were they paid?
Jack Yongfeng Zhang was paid $8,309,350 in total compensation as Chief Executive Officer, President, Chief Scientific Officer and Director for fiscal 2025.
What was Amphastar Pharmaceuticals' say-on-pay result?
Shareholders recorded 91.8% support for the say-on-pay proposal at the meeting held June 1, 2026 for fiscal 2025.
Which companies are in Amphastar Pharmaceuticals' peer group?
Companies named in the disclosed peer group include ACADIA Pharmaceuticals, Inc., Alnylam Pharmaceuticals, Inc., Amicus Therapeutics, Inc., ANI Pharmaceuticals, Inc. and Collegium Pharmaceuticals, Inc., among others.
What is Amphastar Pharmaceuticals' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 135:1, against median employee compensation of $61,658.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Yongfeng Zhang Chief Executive Officer, President, Chief Scientific Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mary Ziping Luo Chief Operating Officer, Chief Scientist and Chairman | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
William Peters Chief Financial Officer, Executive Vice President of Finance, Treasurer, President of International Medication Systems, Limited, and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rong Zhou Senior Executive Vice President of Production and President of. Amphastar Nanjing Pharmaceuticals, Co., Ltd | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jacob Liawatidewi Executive Vice President of Sales and Marketing, Executive Vice President of Corporate Administration Center and President of Amphastar France Pharmaceuticals, S.A.S. | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Zhang Chief Executive Officer, President, Chief Scientific Officer and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mary Luo Chief Operating Officer, Chief Scientist and Chairman of the Board of Directors | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
William Peters Chief Financial Officer, Executive Vice President of Finance, Treasurer, President of International Medication Systems, Limited, and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rong Zhou Senior Executive Vice President of Production Center; Executive Vice President of Scientific Affairs and President of Amphastar Nanjing Pharmaceuticals, Co., Ltd. | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jacob Liawatidewi Executive Vice President of Sales and Marketing and Corporate Administration Center, President of Amphastar France Pharmaceuticals, S.A.S., Corporate Secretary, and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Zhang Chief Executive Officer, President, Chief Scientific Officer and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mary Luo Chief Operating Officer, Chief Scientist and Chairman of the Board of Directors | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
William Peters Chief Financial Officer, Executive Vice President of Finance, Treasurer, President of International Medication Systems, Limited, and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rong Zhou Senior Executive Vice President of Production Center; Executive Vice President of Scientific Affairs and President of Amphastar Nanjing Pharmaceuticals, Co., Ltd. | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jacob Liawatidewi Executive Vice President of Sales and Marketing and Corporate Administration Center, President of Amphastar France Pharmaceuticals, S.A.S., Corporate Secretary and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jack Yongfeng Zhang Chief Executive Officer, President, Chief Scientific Officer and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mary Ziping Luo Chief Operating Officer, Chief Scientist and Chairman of the Board of Directors | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
William Peters Chief Financial Officer, Executive Vice President of Finance, Treasurer, President of International Medication Systems, Limited, and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rong Zhou Senior Executive Vice President of Production Center; Executive Vice President of Scientific Affairs and President of Amphastar Nanjing Pharmaceuticals, Co., Ltd. | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jacob Liawatidewi Executive Vice President of Sales and Marketing and Corporate Administration Center, President of Amphastar France Pharmaceuticals, S.A.S., Corporate Secretary and Director | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jack Y. Zhang | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jack Y. Zhang | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Jacob Liawatidewi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jacob Liawatidewi | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Mary Z. Luo | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mary Z. Luo | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Rong Zhou | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rong Zhou | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| William J. Peters | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| William J. Peters | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| William Peters | Option | ◇ | — | ◇ | 3/15/32 |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/10/35 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/4/34 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/6/33 | |
| Jack Yongfeng Zhang | Option | ◇ | — | ◇ | 3/10/35 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/15/32 | |
| Option | ◇ | — | ◇ | 3/6/33 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/4/34 | |
| Mary Ziping Luo | Option | ◇ | — | ◇ | 3/4/34 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/6/33 | |
| Option | ◇ | — | ◇ | 3/15/32 | |
| Option | ◇ | — | ◇ | 3/10/35 | |
| Jacob Liawatidewi | Option | ◇ | — | ◇ | 3/6/33 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/10/35 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/15/32 | |
| Rong Zhou | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/15/32 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/4/34 | |
| Option | ◇ | — | ◇ | 3/10/35 | |
| Option | ◇ | — | ◇ | 3/6/33 |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Jacob Liawatidewi
Executive Vice President of Sales and Marketing and Corporate Administration Center, President of Amphastar France Pharmaceuticals, S.A.S., Corporate Secretary and Director · Terms as announced by the company
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Richard Prins Lead independent director | ◇ | ◇ | ◇ | — | — | — | ◇ |
Gayle Deflin | ◇ | ◇ | ◇ | — | — | — | ◇ |
Howard Lee | ◇ | ◇ | ◇ | — | — | — | ◇ |
Michael A. Zasloff | ◇ | ◇ | ◇ | — | — | — | ◇ |
Diane Gerst | ◇ | ◇ | ◇ | — | — | — | ◇ |
Floyd F. Petersen | ◇ | ◇ | ◇ | — | — | — | ◇ |
David Gaugh | ◇ | ◇ | ◇ | — | — | — | ◇ |
Mary Ziping Luo, Jack Yongfeng Zhang, Jacob Liawatidewi and William J. Peters served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- ACADIA Pharmaceuticals, Inc. ACAD
- Alnylam Pharmaceuticals, Inc. ALNY
- Amicus Therapeutics, Inc. FOLD
- ANI Pharmaceuticals, Inc. ANIP
- Collegium Pharmaceuticals, Inc. COLL
- Corcept Therapeutics Inc. CORT
- Emergent BioSolutions Inc. EBS
- Exelixis, Inc. EXEL
- Halozyme Therapeutics, Inc. HALO
- Ionis Pharmaceuticals, Inc. IONS
- Ironwood Pharmaceuticals, Inc. IRWD
- Pacira BioSciences, Inc. PCRX
- Prestige Consumer Healthcare, Inc. PBH
- PTC Therapeutics, Inc. PTCT
- Sarepta Therapeutics, Inc. SRPT
- Supernus Pharmaceuticals, Inc. SUPN
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 1, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 2, 2025 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Jack Yongfeng Zhang (Chief Executive Officer, President, Chief Scientific Officer and Director), FY2025 total compensation $8,309,350 (base salary $950,911) [exec_comp, SEC accession 0001297184-26-000023, filed 2026-04-13]What this page does not include
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Peer benchmarking
Where Amphastar Pharmaceuticals sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
308 figures on this page: 306 cited to the filing that reported them, 2 calculated from figures it prints.
306 cited to the filing
2 calculated from the filing
Documents cited
- 0001297184-26-000038Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001297184-26-0000232025 Grants of Plan-Based Awards · CEO Pay Ratio · Director Compensation for 2025 · Fiscal 2025 Summary Compensation Table · and 2 more sections
- 0001297184-26-000015Exhibit
- 0001297184-25-000036Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001297184-25-000018Fiscal 2024 Summary Compensation Table
- 0001297184-24-000019Fiscal 2023 Summary Compensation Table
- 0001297184-23-000033Fiscal 2022 Summary Compensation Table
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Velarion, “Amphastar Pharmaceuticals executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/AMPH (accessed 2026).
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Biopharma & Life Sciences rankings
Peers Amphastar Pharmaceuticals discloses
The companies named in AMPH's own disclosed peer group.
ACADIA Pharmaceuticals, Inc.Alnylam Pharmaceuticals, Inc.Amicus Therapeutics, Inc.ANI Pharmaceuticals, Inc.Collegium Pharmaceuticals, Inc.Corcept Therapeutics Inc.Emergent BioSolutions Inc.Exelixis, Inc.Halozyme Therapeutics, Inc.Ionis Pharmaceuticals, Inc.Ironwood Pharmaceuticals, Inc.Pacira BioSciences, Inc.Prestige Consumer Healthcare, Inc.PTC Therapeutics, Inc.Sarepta Therapeutics, Inc.Supernus Pharmaceuticals, Inc.
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}