Michael Parini

2018

In 2018, Michael Parini earned a total compensation of $5.4M as EVP & Chief Legal and Administrative Officer at Vertex Pharmaceuticals, a 10% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$834,384
Option Awards$1,136,785
Salary$746,923
Stock Awards$2,625,244
Other$29,000
Total$5,372,336

Parini received $2.6M in stock awards, accounting for 49% of the total pay in 2018.

Parini also received $834.4K in non-equity incentive plan, $1.1M in option awards, $746.9K in salary and $29K in other compensation.

Rankings

In 2018, Michael Parini's compensation ranked 1,817th out of 14,244 executives tracked by ExecPay. In other words, Parini earned more than 87.2% of executives.

ClassificationRankingPercentile
All
1,817
out of 14,244
87th
Division
Manufacturing
647
out of 5,765
89th
Major group
Chemicals And Allied Products
212
out of 2,128
90th
Industry group
Drugs
167
out of 1,817
91st
Industry
Pharmaceutical Preparations
125
out of 1,391
91st

Pay ratio

Michael Parini's Pay$5,372,336
Median Employee's Pay$232,178
Pay Ratio

23

to 1

In 2018, the annual total compensation of Michael Parini was $5,372,336.

The annual total compensation of the median employee at Vertex Pharmaceuticals was $232,178.

The ratio of Michael Parini's pay to the pay of median employee was therefore 23 to one.

Source: SEC filing on April 26, 2019.

Parini's colleagues

We found six more compensation records of executives who worked with Michael Parini at Vertex Pharmaceuticals in 2018.

2018

Jeffrey Leiden

Vertex Pharmaceuticals

Chief Executive Officer

2018

Jeffrey Chodakewitz

Vertex Pharmaceuticals

Chief Medical Officer

2018

Amit Sachdev

Vertex Pharmaceuticals

EVP & Chief Regulatory Officer

2018

Stuart Arbuckle

Vertex Pharmaceuticals

EVP & Chief Commercial Officer

2018

Ian Smith

Vertex Pharmaceuticals

Chief Financial Officer

2018

Thomas Graney

Vertex Pharmaceuticals

Chief Financial Officer

News

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