Illumina CEO Francis deSouza's 2020 pay jumps 671% to $12M
Illumina reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Illumina reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, five Illumina executives received on average a compensation package of $5.2M, a 353% increase compared to previous year.
Average pay of disclosed executives at Illumina
Francis A. deSouza, Chief Executive Officer, received $12M in total, which increased by 671% compared to 2019. 85% of deSouza's compensation, or $10M, was in stock awards. deSouza also received $630K in non-equity incentive plan, $1.1M in salary, as well as $13K in other compensation.
For fiscal year 2020, the median employee pay was $122,635 at Illumina. Therefore, the ratio of Francis A. deSouza's pay to the median employee pay was 96 to one.
Alex Aravanis, Chief Technology Officer, received a compensation package of $5.4M. 92% of the compensation package, or $5M, was in stock awards.
Mark Van Oene, Former Chief Commercial Officer, earned $3.2M in 2020.
Susan Tousi, Chief Product Officer, received $3.2M in 2020.
Sam A. Samad, Chief Financial Officer, earned $2.5M in 2020, a 294% increase compared to previous year.
Illumina's fiscal year ends on January 1.
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Source: SEC filing on April 16, 2021.