Michael Parini
2016
In 2016, Michael Parini earned a total compensation of $7.7M as EVP & Chief Legal and Administrative Officer at Vertex Pharmaceuticals.
Compensation breakdown
| Bonus | $250,000 |
|---|---|
| Non-Equity Incentive Plan | $499,867 |
| Option Awards | $4,731,100 |
| Salary | $517,846 |
| Stock Awards | $1,689,672 |
| Other | $41,779 |
| Total | $7,730,264 |
Parini received $4.7M in option awards, accounting for 61% of the total pay in 2016.
Parini also received $250K in bonus, $499.9K in non-equity incentive plan, $517.8K in salary, $1.7M in stock awards and $41.8K in other compensation.
Rankings
In 2016, Michael Parini's compensation ranked 793rd out of 14,075 executives tracked by ExecPay. In other words, Parini earned more than 94.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 793 out of 14,075 | 94th |
Division Manufacturing | 252 out of 5,489 | 95th |
Major group Chemicals And Allied Products | 65 out of 1,895 | 97th |
Industry group Drugs | 43 out of 1,538 | 97th |
Industry Pharmaceutical Preparations | 35 out of 1,176 | 97th |
Source: SEC filing on April 28, 2017.
Parini's colleagues
We found five more compensation records of executives who worked with Michael Parini at Vertex Pharmaceuticals in 2016.
2016
Jeffrey Leiden
Vertex Pharmaceuticals
Chief Executive Officer
2016
Ian Smith
Vertex Pharmaceuticals
Chief Financial Officer
2016
Stuart Arbuckle
Vertex Pharmaceuticals
EVP & Chief Commercial Officer
2016
Amit Sachdev
Vertex Pharmaceuticals
EVP & Chief Regulatory Officer
2016
David Altshuler
Vertex Pharmaceuticals