In 2023, Francis deSouza earned $14.49M in total compensation at Illumina, including $518.35K salary and $13.97M in stock. Most recently acquired 803 shares in Mar 2024. Currently holds stock worth $17.36M. Led Illumina as CEO for 7 years.
Compensation History
Annual executive compensation data for Francis deSouza, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$14.49M
Salary
$518.35K
Bonus
$0.00
Other
$6.78K
Salary
$518.35KBoard Justification
The compensation philosophy is designed to achieve four key objectives: Pay for Performance, Alignment of Interests, Competitive Rewards, and Retention.
Bonus
$0.00Board Justification
No cash incentive amounts were paid with respect to the 2023 and 2022 2H performance periods, and Mr. deSouza did not receive a cash incentive payment in 2023.
Other Compensation
$6.78KBoard Justification
These amounts represent Company contributions to 401(k) plans, Company contributions to the non-qualified deferred compensation plan for a 401(k) match true-up, Company-paid physical exams and long-term disability premiums.
Restricted Stock
Board Justification
This reflects the grant date fair value of stock awards granted during fiscal 2023, computed in accordance with FASB ASC Topic 718, based on the closing stock price on the grant date.
Performance Metrics
Performance metrics include preset annual financial goals for cash incentives and long-term performance goals for equity incentives.
Francis deSouza
Ex-CEO of Illumina
Field of Expertise
Technology & Engineering - Technology
Sector of Economy
Healthcare
CEO of Illumina for
7 years 4 months (Jan 2016 - Jun 2023)
Previous Experience
President of Illumina, Inc.
Other Illumina CEOs
Holdings
Track Francis deSouza's stock holdings and portfolio value over time.
Total Stock Sold
$26.41M
$26.41M
81,000 ILMN shares
What if they kept their stock?
If Francis deSouza didn't sell their stock, today they would have:
Extra ILMN81,000 shares worth $10.45M.
This is -60.45% and $15.96M less than what they got when they sold the stock.
Insider Trading
Francis deSouza's recent stock transactions, purchases, and sales filed with the SEC.
$93.95K
DIS at $116.95/share
Mar 31, 2024
Received
$91.25K
DIS at $91.79/share
Dec 31, 2023
Received
$91.25K
DIS at $81.87/share
Sep 30, 2023
Received
$91.25K
DIS at $89.17/share
Jun 30, 2023
Received
$91.25K
DIS at $96.05/share
Mar 31, 2023
Received
31,480 shares
ILMN
Mar 1, 2023
Received
$91.26K
DIS at $86.92/share
Dec 31, 2022
Received
$91.25K
DIS at $101.28/share
Sep 30, 2022
Received
$91.26K
DIS at $95.24/share
Jun 30, 2022
Received
$91.25K
DIS at $139.57/share
Mar 31, 2022
Received
Rivals
Compare Francis deSouza with competitor CEOs and industry peers.