secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0000950157-24-001364
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Illumina General Counsel Charles Dadswell to exit; Scott Davies named interim GC
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- Dadswell steps down as General Counsel and Secretary effective Oct 3, 2024; serves as advisor to CEO/Board through Mar 31, 2025.
- Scott Davies, VP Legal – Chief Corporate Counsel, appointed Interim General Counsel and Secretary.
- Dadswell eligible for $600K cash lump-sum payment plus regular compensation during advisory period upon satisfactory service.
- Separation Agreement provides $620K severance (52 weeks salary), COBRA for 12 months, outplacement, and 2024 bonus if unpaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000095015724001364/0000950157-24-001364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000095015724001364/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-24-001364

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer