Biopharma & Life Sciences
Vertex Pharmaceuticals Executive Compensation (FY25)
VRTX · Boston, MA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 13, 2026
327 figures on this page: 320 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Total compensation for Reshma Kewalramani, Chief Executive Officer and President, came to $21,144,261 in fiscal 2025, and Kewalramani's total was 1.8% lower than the $21,538,668 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 80:1, against median employee compensation of $264,487. The say-on-pay proposal drew 93.5% of votes cast for or against in favor at the meeting held May 13, 2026 for fiscal 2025. Companies named in the disclosed peer group include AbbVie Inc., Amgen, Inc., Biogen, Inc., Bristol-Myers Squibb Company and Eli Lilly and Company, among others.
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 — Reshma Kewalramani: $21,538,668 → $21,144,261 (1.8% lower)
Say-on-pay support: 92.5% → 93.5% (1.0 points higher)
CEO pay ratio: 88:1 → 80:1 (9.1% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Vertex Pharmaceuticals' chief executive and what were they paid?
Total compensation for Reshma Kewalramani, Chief Executive Officer and President, came to $21,144,261 in fiscal 2025. Kewalramani's total was 1.8% lower than the $21,538,668 reported for fiscal 2024.
What was Vertex Pharmaceuticals' say-on-pay result?
The say-on-pay proposal drew 93.5% of votes cast for or against in favor at the meeting held May 13, 2026 for fiscal 2025.
Which companies are in Vertex Pharmaceuticals' peer group?
Companies named in the disclosed peer group include AbbVie Inc., Amgen, Inc., Biogen, Inc., Bristol-Myers Squibb Company and Eli Lilly and Company, among others.
What is Vertex Pharmaceuticals' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 80:1, against median employee compensation of $264,487.
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 |
|---|---|---|---|---|---|---|---|---|
Reshma Kewalramani Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stuart Arbuckle Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jeffrey Leiden Executive Chairman | — | — | ◇ | — | — | — | ◇ | ◇ |
David Altshuler Executive Vice President and Chief Scientific Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Charles Wagner Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Reshma Kewalramani Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stuart Arbuckle Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Charles Wagner Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jeffrey Leiden Executive Chairman | — | — | ◇ | — | — | — | ◇ | ◇ |
David Altshuler Executive Vice President and Chief Scientific Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Reshma Kewalramani Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stuart Arbuckle Executive Vice President, Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Charles Wagner Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Altshuler Executive Vice President, Chief Scientific Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Nia Tatsis Executive Vice President, Chief Regulatory and Quality Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Reshma Kewalramani Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stuart Arbuckle Former Executive Vice President, Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Charles Wagner Executive Vice President, Chief Operating and Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Nia Tatsis Executive Vice President, Chief Regulatory and Quality Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Amit Sachdev Executive Vice President, Chief Patient and External Affairs Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Carmen Bozic Executive Vice President, Chief Medical Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|---|---|---|
| Amit Sachdev | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Amit Sachdev | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Amit Sachdev | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Bozic | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Bozic | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Bozic | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Charles Wagner | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Charles Wagner | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Charles Wagner | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nia Tatsis | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nia Tatsis | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nia Tatsis | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Reshma Kewalramani | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Reshma Kewalramani | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Reshma Kewalramani | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Stuart Arbuckle | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Stuart Arbuckle | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Stuart Arbuckle | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Stuart Arbuckle | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023, 2024 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. 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 |
|---|---|---|---|---|---|
| Nia Tatsis | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Amit Sachdev | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Charles Wagner | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Carmen Bozic | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Stuart Arbuckle | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Reshma Kewalramani | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
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.
Nia Tatsis
Executive Vice President, Chief Regulatory and Quality Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
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 |
|---|---|---|---|---|---|---|---|
Bruce I. Sachs Lead independent director | ◇ | — | ◇ | — | — | ◇ | ◇ |
Suketu Upadhyay | ◇ | ◇ | — | — | — | ◇ | ◇ |
Lloyd Carney | ◇ | ◇ | — | — | — | ◇ | ◇ |
Sangeeta N. Bhatia | ◇ | ◇ | — | — | — | ◇ | ◇ |
Diana McKenzie | ◇ | ◇ | — | — | — | ◇ | ◇ |
Alan Garber | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Michel Lagarde | ◇ | — | ◇ | — | — | ◇ | ◇ |
Jennifer Schneider | ◇ | ◇ | — | — | — | ◇ | ◇ |
Nancy Thornberry | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Reshma Kewalramani and Jeffrey Leiden 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 | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Options and/or RSUs (director elects fully-vested options, 1-yr vesting RSUs, or 50/50 mix).
Stock ownership guideline: 5x annual cash retainer ($500,000)
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- AbbVie Inc. ABBV
- Amgen, Inc. AMGN
- Biogen, Inc. BIIB
- Bristol-Myers Squibb Company BMY
- Eli Lilly and Company LLY
- Gilead Sciences, Inc. GILD
- Incyte Corporation INCY
- Jazz Pharmaceuticals plc JAZZ
- Moderna, Inc. MRNA
- Regeneron Pharmaceuticals, Inc. REGN
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 13, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 14, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 15, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 17, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 19, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 3, 2020 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Vertex Pharmaceuticals disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Vertex 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.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
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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.
327 figures on this page: 320 cited to the filing that reported them, 7 calculated from figures it prints.
320 cited to the filing
7 calculated from the filing
Documents cited
- 0000875320-26-000204Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000875320-26-000153Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards During · Non-Employee Director Compensation Program · and 4 more sections
- 0000875320-25-000194Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000875320-25-000160Summary Compensation Table
- 0000875320-24-000142Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-24-000452Summary Compensation Table
- 0000875320-23-000015Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-23-000591Summary Compensation Table
- 0001193125-22-154021
- 0000875320-21-000018Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000875320-20-000023Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Vertex Pharmaceuticals executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/VRTX (accessed 2026).
Short form: data: Velarion
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Biopharma & Life Sciences rankings
Peers Vertex Pharmaceuticals discloses
The companies named in VRTX's own disclosed peer group.
Terms on this page
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}
}