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Biopharma & Life Sciences

Ultragenyx Pharmaceutical Executive Compensation (FY25)

RARE · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 18, 2026
286 figures on this page: 276 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Emil Kakkis, President and Chief Executive Officer, received $11,405,535 in total compensation for fiscal 2025, and compared with the $13,717,687 reported for fiscal 2024, Kakkis' total was 16.9% lower. The company reported a chief executive pay ratio of 38:1 for fiscal 2025, against median employee compensation of $302,376. The say-on-pay proposal drew 96.5% of votes cast for or against in favor at the meeting held May 14, 2026 for fiscal 2025. The disclosed peer group includes ACADIA Pharmaceuticals Inc., Alkermes plc, Amicus Therapeutics, Apellis Pharmaceuticals, Inc. and Axsome Therapeutics, Inc., among others.
Chief executive, fiscal 2025
Emil Kakkis
Latest say-on-pay support
=
May 14, 2026
Chief executive pay ratio
To the median employee
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 total compensation — Emil Kakkis: $13,717,687$11,405,535 (16.9% lower)
CEO pay ratio: 42:138:1 (9.5% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Ultragenyx Pharmaceutical's chief executive and what were they paid?
Emil Kakkis, President and Chief Executive Officer, received $11,405,535 in total compensation for fiscal 2025. Compared with the $13,717,687 reported for fiscal 2024, Kakkis' total was 16.9% lower.
What was Ultragenyx Pharmaceutical's say-on-pay result?
The say-on-pay proposal drew 96.5% of votes cast for or against in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in Ultragenyx Pharmaceutical's peer group?
The disclosed peer group includes ACADIA Pharmaceuticals Inc., Alkermes plc, Amicus Therapeutics, Apellis Pharmaceuticals, Inc. and Axsome Therapeutics, Inc., among others.
What is Ultragenyx Pharmaceutical's chief executive pay ratio?
The company reported a chief executive pay ratio of 38:1 for fiscal 2025, against median employee compensation of $302,376.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Emil Kakkis
President and Chief Executive Officer
Camille Bedrosian
Chief Medical Officer
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Emil Kakkis
President and Chief Executive Officer
Erik Horn
Chief Financial Officer
Karah Parschauer
Chief Legal Officer and Secretary
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Emil Kakkis
President and Chief Executive Officer
Erik Horn
Chief Financial Officer
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Emil Kakkis
President and Chief Executive Officer
Erik Harris
Chief Commercial Officer and Executive Vice President
Eric Crombez
Chief Medical Officer and Executive Vice President
Howard Horn
Chief Financial Officer, Corporate Strategy and Executive Vice President
Karah Parschauer
Chief Legal Officer & Corporate Affairs, Executive Vice President
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Emil D. KakkisPSU
Emil D. KakkisRSU
Emil D. KakkisOPTION
Eric CrombezRSU
Eric CrombezOPTION
Eric CrombezPSU
Erik HarrisOPTION
Erik HarrisRSU
Erik HarrisPSU
Howard HornRSU
Howard HornOPTION
Howard HornPSU
Karah ParschauerPSU
Karah ParschauerOPTION
Karah ParschauerRSU
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Karah ParschauerPSU
Option3/1/2032
Option3/1/2033
PSU
RSU
RSU
Option3/1/2034
RSU
RSU
Option3/1/2035
Option10/21/2034
Erik HarrisRSU
Option3/1/2033
RSU
PSU
Option3/1/2035
RSU
Option3/1/2032
RSU
PSU
Option3/1/2034
Eric CrombezRSU
RSU
RSU
Option3/1/2035
Option5/1/2033
RSU
Option3/1/2034
RSU
PSU
Option3/1/2033
Option3/1/2032
PSU
Howard HornPSU
RSU
RSU
Option10/9/2033
RSU
Option10/21/2034
Option3/1/2035
Option3/1/2034
PSU
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel G. Welch
Board chair
Michael Narachi
Matthew K. Fust
Shehnaaz Suliman
Deborah Dunsire
Amrit Ray
Corsee D. Sanders and Emil D. Kakkis 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.
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 chair premium
Audit committee chair
Compensation committee chair
Nominating and governance chair

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
  • Alkermes plc ALKS
  • Amicus Therapeutics FOLD
  • Apellis Pharmaceuticals, Inc. APLS
  • Axsome Therapeutics, Inc. AXSM
  • Blueprint Medicines Corporation BPMC
  • BridgeBio Pharma, Inc. BBIO
  • Corcept Therapeutics Inc. CORT
  • Denali Therapeutics Inc. DNLI
  • Exelixis Inc. EXEL
  • Halozyme Therapeutics HALO
  • Insmed Incorporated INSM
  • Intra-Cellular Therapies Inc. ITCI
  • Ionis Pharmaceuticals, Inc. IONS
  • Jazz Pharmaceuticals plc JAZZ
  • Neurocrine Biosciences, Inc. NBIX
  • PTC Therapeutics, Inc. PTCT
  • Sarepta Therapeutics, Inc. SRPT
  • Vericel Corporation VCEL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=
2024May 15, 2025=
2023June 18, 2024=
2022June 7, 2023=
2020June 24, 2021=
2019June 26, 2020=
2018June 11, 2019=
2017June 19, 2018=
2016June 22, 2017=
2015June 9, 2016=

Chief executive pay ratio

As calculated and reported by the company.
Ratio
Median employee compensation
Chief executive total compensation
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What this page does not include

Everything above is a fact Ultragenyx Pharmaceutical disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ultragenyx Pharmaceutical 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 — $1,500
Written 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
286 figures on this page: 276 cited to the filing that reported them, 10 calculated from figures it prints.
276 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-228639
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001308179-26-000174
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at December 31, 2025 · and 1 more section
  3. 0000950170-25-074529
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001308179-25-000296
    Summary Compensation Table
  5. 0000950170-24-076222
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001308179-24-000609
    Summary Compensation Table
  7. 0000950170-23-027644
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001308179-23-000757
    Summary Compensation Table
  9. 0000950170-21-000388
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001564590-20-031076
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001564590-19-022660
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001564590-18-015905
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001564590-17-012902
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-16-622434
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Ultragenyx Pharmaceutical executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/RARE (accessed 2026).
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Biopharma & Life Sciences rankings

Chief executive payBiopharma & Life SciencesCEO pay ratioBiopharma & Life SciencesSay-on-pay supportBiopharma & Life Sciences

Peers Ultragenyx Pharmaceutical discloses

The companies named in RARE's own disclosed peer group.

ACADIA Pharmaceuticals Inc.Alkermes plcAmicus TherapeuticsApellis Pharmaceuticals, Inc.BridgeBio Pharma, Inc.Denali Therapeutics Inc.Exelixis Inc.Halozyme TherapeuticsInsmed IncorporatedIonis Pharmaceuticals, Inc.Jazz Pharmaceuticals plcNeurocrine Biosciences, Inc.PTC Therapeutics, Inc.Sarepta Therapeutics, Inc.Vericel Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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}
}
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