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...

Number of Employees

18K

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.

SEC Filing

From March 25, 2019

John F. Milligan

Ex-CEO of Gilead Sciences

JF

Education

Doctorate in Biochemistry from the University of Illinois

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1962 - 63 years ago

Is Founder?

No

Tenure

2 years 9 months (Mar 2016 - Dec 2018)

Previous Experience

Executive Vice President and Chief Financial Officer at Gilead Sciences