secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001110803-23-000006
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Illumina appoints Joydeep Goswami as CFO effective Jan 31, 2023
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- Goswami, previously Chief Strategy and Corporate Development Officer and interim CFO since June 2022, takes on CFO role permanently.
- Annual base salary of $600,000, target cash bonus of 60% of salary, and RSU grant worth $2M vesting over 4 years.
- PSU grants: $800K tied to FY2024 EPS targets (0%-150% payout) and $1.2M tied to 3-year relative TSR (0%-175% payout).
- Goswami will continue to lead corporate development and strategic planning alongside finance responsibilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000111080323000006/0001110803-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000111080323000006/ilmn-20230131.htm
  HTML page:      https://secwatch.observer/filing/0001110803-23-000006

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