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John F. Milligan, Ph.D., was the President and CEO of Gilead Sciences Inc., a key player in the biotech industry, until his resignation at the end of 2018. He joined Gilead in 1990 as a research scientist, gradually moving up...

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John F. Milligan

Ex-CEO of Gilead Sciences

Education

Doctorate in Biochemistry from the University of Illinois

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

January 1, 1962 - 63 years ago

CEO of Gilead Sciences for

2 years 9 months (Mar 2016 - Dec 2018)

Previous Experience

Executive Vice President and Chief Financial Officer at Gilead Sciences

Holdings

See how much did John F. Milligan make over time.

John Milligan once held over $120 million in Gilead Sciences stock. However, in 2017 and 2018, he didn't exercise any options, as they were underwater at the time. His holdings fluctuated significantly during his tenure, showcasing his strong commitment to...

Mar 11, 2025

Total Stock Sold

$315.57M

GILD

$315.57M

4,054,412 GILD shares

What if they kept their stock?

If John F. Milligan didn't sell their stock, today they would have:
Extra GILD4,054,412 shares worth $304.04M.
This is -3.65% and $11.53M less than what they got when they sold the stock.

Charitable Transactions

GILD

64,000 shares

GILD

Recent Charitable Transactions

GILD

64,000 shares

GILD

May 12, 2014

Charity

Insider Trading

See recent insider trades of John F. Milligan.

GILD

$1.17M

GILD at $20.78/share

Feb 15, 2018

Received

GILD

$16.03M

GILD at $72.88/share

Nov 13, 2017

Sale

GILD

$303.57K

GILD at $19.78/share

Feb 15, 2017

Received

GILD

$5.44M

GILD at $77.74/share

Sep 6, 2016

Sale

GILD

$4.97M

GILD at $70.94/share

Aug 1, 2016

Sale

GILD

$9.48M

GILD at $84.62/share

Jul 5, 2016

Sale

GILD

$9.73M

GILD at $86.92/share

Jun 6, 2016

Sale

GILD

$9.82M

GILD at $87.70/share

May 2, 2016

Sale

GILD

$10.61M

GILD at $94.71/share

Apr 4, 2016

Sale

GILD

$9.83M

GILD at $87.79/share

Mar 1, 2016

Sale

Compensation History

See how much did John F. Milligan make over time.

In 2018, John F. Milligan earned a total compensation of about $4.93 million, mainly from his salary of $1.59 million and a performance-based bonus of $3.34 million. This bonus was linked to Gilead achieving 140% of its performance goals, highlighting a clear correlation between his pay and the company's success. For the previous years, Milligan's compensation reflected an upward trend, with notable bonuses earning him recognition as a performance-driven leader. His focus on results meant he did not receive stock awards or exercise options in his final years, aligning with a compensation philosophy that prioritized corporate achievements over personal gains. This strategy underpins the principle of long-term value creation rather than short-term profits.

Year

2018

Total Compensation

$4.93M

Salary

$1.59M

Board Justification

The compensation philosophy aligns executive pay with company performance, emphasizing long-term value creation and retention of key executives.

Bonus

$3.34M

Board Justification

Annual bonus based solely on corporate performance, achieving 140% of target due to strong financial and operational performance.

Other

$0.00

Board Justification

No other compensation was reported for 2018.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2018 as the focus was on performance shares and options that were not yet vested.

Performance Metrics

Corporate performance metrics included product pipeline development, financial results, and organizational achievements.

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