BioMarin Pharmaceutical Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Alexander Hardy

Chief executive officer

US$18.6m

Total compensation

CEO salary percentage	0.3%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	3.1yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alexander Hardy's remuneration changed compared to BioMarin Pharmaceutical's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$322m
Jun 30 2024	n/a	n/a	US$257m
Mar 31 2024	n/a	n/a	US$205m
Dec 31 2023	US$19m	US$65k	US$168m

Compensation vs Market: Alexander's total compensation ($USD18.59M) is above average for companies of similar size in the German market ($USD4.78M).

Compensation vs Earnings: Insufficient data to compare Alexander's compensation with company performance.

CEO

Alexander Hardy (55 yo)

less than a year

Tenure

US$18,586,001

Compensation

Mr. Alexander Hardy serves as President, Chief Executive Officer & Director of BioMarin Pharmaceutical Inc. since December 01, 2023. He had been Chief Executive Officer at Genentech, Inc. since March 1, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alexander Hardy	President	less than a year	US$18.59m	no data
Brian Mueller	CFO & Executive VP	4.8yrs	US$4.85m	0.038% € 4.4m
C. Guyer	Executive VP & CTO	no data	US$5.70m	0.012% € 1.4m
Henry Fuchs	Advisor	8.1yrs	US$9.66m	0.097% € 11.4m
Erin Burkhart	Group VP & Chief Accounting Officer	2.5yrs	no data	0.00071% € 83.0k
Kevin Eggan	Chief Scientific Officer & Senior VP of Research and Early Development	no data	no data	no data
Traci McCarty	Group Vice President of Investor Relations	no data	no data	no data
George Davis	Executive VP	20.8yrs	US$5.19m	0.029% € 3.4m
Humaira Serajuddin	Senior VP & Chief Marketing Officer	2.5yrs	no data	no data
Amy Wireman	Executive VP & Chief People Officer	5.8yrs	no data	no data
Ganesh Vedantham	Senior Vice President of Technical Development	3.1yrs	no data	no data
Marni Kottle	Executive VP & Chief Corporate Affairs Officer	less than a year	no data	no data

3.1yrs

Average Tenure

54yo

Average Age

Experienced Management: BM8's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alexander Hardy	President	less than a year	US$18.59m	no data
Richard Meier	Independent Chairman of the Board	17.9yrs	US$515.44k	0.060% € 7.0m
David E. Pyott	Independent Director	8.8yrs	US$470.44k	0.021% € 2.5m
Mark Enyedy	Independent Director	less than a year	US$213.38k	no data
Elaine Heron	Independent Director	22.3yrs	US$486.44k	0.049% € 5.7m
Willard Dere	Independent Director	8.3yrs	US$480.44k	0.012% € 1.4m
Maykin Ho	Independent Director	3.8yrs	US$473.94k	0.0065% € 763.3k
Robert Hombach	Independent Director	7.2yrs	US$486.94k	0.014% € 1.6m
Athena Countouriotis	Independent Director	less than a year	US$213.38k	no data
Elizabeth Anderson	Independent Director	5.3yrs	US$480.44k	0.0099% € 1.2m
Barbara Bodem	Independent Director	less than a year	US$213.38k	no data

5.3yrs

Average Tenure

64yo

Average Age

Experienced Board: BM8's board of directors are considered experienced (5.3 years average tenure).

BioMarin Pharmaceutical Management

Management criteria checks 2/4

Key information

Recent management updates

BioMarin Pharmaceutical Inc. Announces Management Changes

BioMarin Pharmaceutical Inc., Annual General Meeting, May 21, 2024

Insider recently sold €2.8m worth of stock

Biomarin Announces Board Changes, Effective May 20, 2024

Biomarin Pharmaceutical Inc. Announces Resignation of Jeffrey Ajer as Executive Vice President and Chief Commercial Officer, Effective from July 1, 2024

BioMarin Pharmaceutical Inc. Announces Board Appointments, Effective December 27, 2023

Recent updates

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.56 (vs US$0.21 in 3Q 2023)

Biomarin Pharmaceutical Inc. Revises Earnings Guidance for the Full Year 2024

BioMarin to Present Data Underscoring Sustained Positive Impact of VOXZOGO® on Health-Related Quality of Life, Growth and Maintenance of Bone Strength in Children with Achondroplasia At 2024 International Skeletal Dysplasia Society Meeting

Investor sentiment deteriorates as stock falls 17%

Biomarin Pharmaceutical Inc. Provides Earnings Guidance for the Full Year 2024 and for Fiscal Year 2027

BioMarin Pharmaceutical Inc. Announces Management Changes

Second quarter 2024 earnings released: EPS: US$0.56 (vs US$0.30 in 2Q 2023)

U.S. Food and Drug Administration Approves BioMarin's BRINEURA® (cerliponase alfa) for Children Under 3 Years with CLN2 Disease

BioMarin Pharmaceutical Inc.(NasdaqGS:BMRN) dropped from Russell Small Cap Comp Growth Index

Biomarin Pharmaceutical Inc. Announces Positive New Data Supporting the Safety and Efficacy of VOXZOGO® (Vosoritide) in Children

First quarter 2024 earnings released: EPS: US$0.47 (vs US$0.27 in 1Q 2023)

BioMarin Pharmaceutical Inc., Annual General Meeting, May 21, 2024

Insider recently sold €2.8m worth of stock

Biomarin Announces Board Changes, Effective May 20, 2024

Full year 2023 earnings released: EPS: US$0.89 (vs US$0.76 in FY 2022)

BioMarin Pharmaceutical Inc. Provides Earnings Guidance for the Year 2024

Biomarin Pharmaceutical Inc. Announces Resignation of Jeffrey Ajer as Executive Vice President and Chief Commercial Officer, Effective from July 1, 2024

BioMarin Pharmaceutical Inc. Announces Board Appointments, Effective December 27, 2023

Biomarin Pharmaceutical Inc. Announces CEO Changes

Biomarin Pharmaceutical Inc. Announces CEO Changes

Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.036 loss in 3Q 2022)

BioMarin Pharmaceutical Inc. Revises Financial Guidance for the Full Year 2023

U.S. Food and Drug Administration Approves Biomarin's Voxzogo® (Vosoritide) for Children Under 5 Years with Achondroplasia

Biomarin Pharmaceutical Inc. to Present Data Showing Long-Term Benefit of Vosoritide on Growth in Children with Achondroplasia At 2023 European Society for Paediatric Endocrinology Meeting

BioMarin Pharmaceutical Inc. Announces First Person Treated with ROCTAVIAN (Valoctocogene Rxaparvovec-Rvox) for Severe Hemophilia A in Europe

Executive VP recently sold €899k worth of stock

Second quarter 2023 earnings released: EPS: US$0.30 (vs US$0.15 in 2Q 2022)

Biomarin Pharmaceutical Inc. Updates Earnings Guidance for the Year Ended December 31, 2023

Bernstein Litowitz Berger & Grossmann LLP Announces Pendency of Class Action and Proposed Settlement for Purchasers of Biomarin Pharmaceutical Inc

U.S. Food and Drug Administration Approves Biomarin's Roctavian® (Valoctocogene Rxaparvovec-Rvox) Gene Therapy for Adults with Severe Hemophilia A

BioMarin Pharmaceutical Inc. to Present Roctavian™ Data from Longest and Largest Hemophilia Gene Therapy Clinical Trial Program

First quarter 2023 earnings released: EPS: US$0.27 (vs US$0.66 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.76 (vs US$0.35 loss in FY 2021)

BioMarin Pharmaceutical Inc. to Report Q4, 2022 Results on Feb 27, 2023

Biomarin Pharmaceutical Inc. Announces Stable and Durable Annualized Bleed Control for Roctavian(Tm) in Large Phase 3 Gene Therapy Study in Adults with Severe Hemophilia A; 134-Participant Study Met All Primary and Secondary Efficacy Endpoints At 3-Year Analysis

BioMarin Pharmaceutical Inc. Announces That the European Medicines Agency Validated Its Type II Variation Application to Extend the Indication for VOXZOGO® (Vosoritide) for Injection to Treat Children with Achondroplasia Under the Age of 2

BioMarin Pharmaceutical Inc. Announces Advancements in FDA Review of ROCTAVIAN™ (Valoctocogene Roxaparvovec) for Adults with Severe Hemophilia A

BioMarin Pharmaceutical Inc. Announces Incremental Progress on Biologics License Application (BLA) Review for Valoctocogene Roxaparvovec AAV Gene Therapy for Adults with Severe Hemophilia A Program

BioMarin Pharmaceutical Inc. Reaffirms Earnings Guidance for the Year 2022

FDA Accepts Biomarin's Biologics License Application (Bla) for Valoctocogene Roxaparvovec Aav Gene Therapy for Adults with Severe Hemophilia A

BioMarin Pharmaceutical Inc. to Report Q3, 2022 Results on Oct 26, 2022

BioMarin Pharmaceutical Inc. Announces First Gene Therapy for Adults with Severe Hemophilia A, BioMarin's ROCTAVIAN(TM) (valoctocogene roxaparvovec), Approved by European Commission (EC)

Insider recently sold €586k worth of stock

Second quarter 2022 earnings released: EPS: US$0.15 (vs US$0.071 in 2Q 2021)

Biomarin Pharmaceutical Inc. Revises Earnings Guidance for the Full Year 2022

BioMarin Pharmaceutical Inc. Receives Positive CHMP Opinion in Europe for Valoctocogene Roxaparvovec Gene Therapy to Treat Adults with Severe Hemophilia A

BioMarin Announces the Ministry of Health, Labor and Welfare (MHLW) in Japan Granted Approval for VOXZOGO (vosoritide) for Injection for the Treatment of Children with Achondroplasia, Whose Growth Plates are Not Closed

BioMarin Pharmaceutical Inc. Announces Favorable Results from Global Phase 2 Study of Voxzogo™ (Vosoritide) for Injection in Infants and Young Children with Achondroplasia At the Endocrine Society Annual Meeting

BioMarin Pharmaceutical Inc. Announces Durable Hemostatic Efficacy Maintained over 6 Years in Ongoing Phase 1 2 Study of Valoctocogene Roxaparvovec

BioMarin Pharmaceutical Inc. Announces Executive Appointments

First quarter 2022 earnings released: EPS: US$0.66 (vs US$0.096 in 1Q 2021)

BioMarin Pharmaceutical Inc. Provides Earnings Guidance for the Full Year 2022

BioMarin Pharmaceutical Inc., Annual General Meeting, May 24, 2022

Independent Director recently sold €446k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

BioMarin Pharmaceutical Inc. Provides Earnings Guidance for the Full Year of 2022

BioMarin Pharmaceutical Inc. Provides Updates on Progress in Gene Therapy Programs

BioMarin Pharmaceutical Inc. Announces Stable and Durable Annualized Bleed Control in the Large Phase 3 Gene Therapy Study in Adults with Severe Hemophilia A; 134-Participant Study Met All Primary and Secondary Efficacy Endpoints At Two Year Analysis

ROSEN, A LEADING LAW FIRM, Encourages BioMarin Pharmaceutical Inc. Investors to Secure Counsel Before Important December 22 Deadline in Securities Class Action

Chairman & CEO recently sold €116k worth of stock

Third quarter 2021 earnings released: US$0.20 loss per share (vs US$4.33 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.14 (vs US$0.16 loss in 2Q 2020)

BioMarin Announces Oral Presentation of Positive One-Year Results from Phase 3 Pivotal Trial with Valoctocogene Roxaparvovec Gene Therapy in Adults with Severe Hemophilia at International Society on Thrombosis and Haemostasis (ISTH) 2021 Virtual Congress

European Medicines Agency Validates Biomarin's Marketing Authorization Application for Valoctocogene Roxaparvovec to Treat Severe Hemophilia A

BioMarin Pharmaceutical Inc.(NasdaqGS:BMRN) dropped from Russell Midcap Growth Index

BioMarin Pharmaceutical Inc. Receives Positive CHMP Opinion in Europe for Vosoritide for the Treatment of Children with Achondroplasia from Age 2 Until Growth Plates Close

Independent Director Michael Grey has left the company

European Medicines Agency Grants BioMarin Pharmaceutical Inc.'s Request for Accelerated Assessment of Valoctocogene Roxaparvovec for Treatment of Severe Hemophilia A