Alexander KarpAlexander Karp earned $1B in 2024

In 2020, Jeffrey M. Leiden earned $14.50M in total compensation at Vertex Pharmaceuticals, including $1.12M salary and $13.34M in stock. Most recently acquired 7,209 shares in Feb 2025. Currently holds stock worth $70.42M. Has donated $1.14M in stock to charitable causes. Led Vertex Pharmaceuticals as CEO for 8 years.

Compensation History

Annual executive compensation data for Jeffrey M. Leiden, including salary, bonuses, and stock awards.

Year

2020

Total Compensation

$14.50M

Salary

$1.12M

Bonus

$0.00

Other

$43.14K

Salary

$1.12M

Board Justification

The compensation philosophy emphasizes performance alignment with company goals and shareholder interests, with a significant portion of compensation tied to performance metrics.

Bonus

$0.00

Board Justification

No bonus was awarded for 2020 as per the compensation structure for the Executive Chairman role.

Other Compensation

$43.14K

Board Justification

Other compensation includes 401(k) match, life insurance premiums, and contributions to the Vertex Foundation Matching Gift Program.

Restricted Stock

$13.34M13.34M RSU

Board Justification

The stock awards that vested in 2020 were based on performance metrics achieved in prior years, specifically related to Vertex's financial and operational goals.

Performance Metrics

Performance metrics included achieving financial targets related to CF net product revenues and advancing clinical programs.

V

Jeffrey M. Leiden

Ex-CEO of Vertex Pharmaceuticals

Education

B.A., Ph.D. in virology and M.D. from the University of Chicago

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

CEO of Vertex Pharmaceuticals for

8 years 1 month (Feb 2012 - Mar 2020)

Previous Experience

Managing Director at Clarus Ventures LLC, President and COO at Abbott Laboratories

Holdings

Track Jeffrey M. Leiden's stock holdings and portfolio value over time.

Total Stock Sold

$482.89M

VRTX

$482.89M

2,683,566 VRTX shares

What if they kept their stock?

If Jeffrey M. Leiden didn't sell their stock, today they would have:
Extra VRTX2,683,566 shares worth $1.23B.
This is 154.11% and $744.20M more than what they got when they sold the stock.

Charitable Transactions

VRTX

2,500 shares

VRTX

Recent Charitable Transactions

VRTX

2,500 shares

VRTX

Dec 12, 2014

Charity

Insider Trading

Jeffrey M. Leiden's recent stock transactions, purchases, and sales filed with the SEC.

VRTX

7,209 shares

VRTX

Feb 12, 2025

Received

VRTX

15,414 shares

VRTX

Feb 4, 2025

Received

VRTX

$1.89M

VRTX at $499.00/share

Aug 30, 2024

Sale

VRTX

$3.78M

VRTX at $419.10/share

Feb 14, 2024

Sale

VRTX

$1.42M

VRTX at $419.58/share

Feb 12, 2024

Sale

VRTX

38,623 shares

VRTX

Feb 6, 2024

Received

VRTX

$2.79M

VRTX at $419.07/share

Jan 8, 2024

Sale

VRTX

$5.34M

VRTX at $399.80/share

Dec 13, 2023

Sale

VRTX

$4.85M

VRTX at $374.00/share

Oct 16, 2023

Sale

VRTX

$700.52K

VRTX at $349.56/share

May 5, 2023

Sale

Rivals

Compare Jeffrey M. Leiden with competitor CEOs and industry peers.