Illumina Senior Vice President, Corporate Development and Strategic Planning Joydeep Goswami receives $2M in 2019
Illumina reports 2019 executive compensation
By ExecPay News
Published: April 16, 2020
Illumina reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, five Illumina executives received on average a compensation package of $1.1M, a 78% decrease compared to previous year.
Average pay of disclosed executives at Illumina
Joydeep Goswami, Senior Vice President, Corporate Development and Strategic Planning, received $2M in total. 81% of Goswami's compensation, or $1.6M, was in stock awards. Goswami also received $250K in bonus, $25K in non-equity incentive plan, $110K in salary, as well as $92 in other compensation.
For fiscal year 2019, the median employee pay was $104,555 at Illumina. Therefore, the ratio of Joydeep Goswami's pay to the median employee pay was 19 to one.
Francis A. deSouza, Chief Executive Officer, received a compensation package of $1.5M, which decreased by 86% compared to previous year. 68% of the compensation package, or $1M, was in salary.
Aimee Hoyt, Senior Vice President & Chief People Officer, earned $864K in 2019, a 78% decrease compared to previous year.
Omead Ostadan, Chief Product and Marketing Officer, received $744K in 2019, which decreases by 84% compared to 2018.
Sam A. Samad, Chief Financial Officer, earned $627K in 2019, a 78% decrease compared to previous year.
Illumina's fiscal year ends on January 1.
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Source: SEC filing on April 16, 2020.