Illumina CEO Francis deSouza's 2018 pay jumps 26% to $11M
Illumina reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Illumina reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, five Illumina executives received on average a compensation package of $5.2M, a 12% increase compared to previous year.
Average pay of disclosed executives at Illumina
Francis A. deSouza, Chief Executive Officer, received $11M in total, which increased by 26% compared to 2017. 77% of deSouza's compensation, or $8.5M, was in stock awards. deSouza also received $1.5M in non-equity incentive plan, $938K in salary, as well as $175K in other compensation.
For fiscal year 2018, the median employee pay was $107,884 at Illumina. Therefore, the ratio of Francis A. deSouza's pay to the median employee pay was 103 to one.
Omead Ostadan, Senior Vice President, Marketing, Products & Strategic Planning, received a compensation package of $4.7M, which increased by 37% compared to previous year. 74% of the compensation package, or $3.5M, was in stock awards.
Aimee Hoyt, Senior Vice President & Chief People Officer, earned $3.9M in 2018.
Garret Hampton, Senior Vice President, Clinical Genomics, received $3.6M in 2018, which decreases by 39% compared to 2017.
Sam A. Samad, Chief Financial Officer, earned $2.9M in 2018, a 12% decrease compared to previous year.
Illumina's fiscal year ends on January 1.
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Source: SEC filing on April 16, 2019.