Illumina Former Chief Operations Officer Robert Ragusa receives $23M in 2021
Illumina reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
Illumina reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, six Illumina executives received on average a compensation package of $9.1M, a 74% increase compared to previous year.
Average pay of disclosed executives at Illumina
Robert Ragusa, Former Chief Operations Officer, received $23M in total. 82% of Ragusa's compensation, or $19M, was in stock awards. Ragusa also received $3.3M in bonus, $248K in non-equity incentive plan, $570K in salary, as well as $18K in other compensation.
For fiscal year 2021, the median employee pay was $115,398 at Illumina. Therefore, the ratio of Robert Ragusa's pay to the median employee pay was 198 to one.
Francis A. deSouza, Chief Executive Officer, received a compensation package of $14M, which increased by 22% compared to previous year. 77% of the compensation package, or $11M, was in stock awards.
Alex Aravanis, Chief Technology Officer, earned $5.1M in 2021, a 7% decrease compared to previous year.
Susan Tousi, Chief Commercial Officer, received $5M in 2021, which increases by 60% compared to 2020.
Charles E. Dadswell, General Counsel, earned $3.6M in 2021.
Sam A. Samad, Chief Financial Officer, received $3.6M in 2021, which increases by 44% compared to 2020.
Illumina's fiscal year ends on January 1.
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Source: SEC filing on April 14, 2022.