UPDATED: The numbers are in, and new Vertex CEO Reshma Kewalramani took home half of what predecessor Jeff Leiden did in his last year on the job
Despite an up year for Vertex, which celebrated a nearly 50% increase in product revenue, the company’s new CEO Reshma Kewalramani made just half of what former chief executive Jeff Leiden did in his last full year on the job.
Kewalramani’s compensation package in her first year as CEO amounted to $9.11 million — significantly smaller than Leiden’s $16.47 million total for 2020, and about half the size of his $18.79 million package in 2019.
Keep reading Endpoints with a free subscription
Unlock this story instantly and join 105,400+ biopharma pros reading Endpoints daily — and it's free.