Jacob Thaysen, CEO of Illumina (ILMN), earned $8.0M in total compensation in 2025. Illumina receives a Pay-for-Performance grade of B (78/100), with a CEO-to-worker pay ratio of 107:1 and a say-on-pay shareholder approval of 93.9%. The company's 3-year total shareholder return is -2.4%.
How Illumina CEO Pay Compares
Jacob Thaysen's $8.0M total compensation is 0% below the Genomics industry median of $8.0M. The 107:1 CEO-to-worker pay ratio is 0% lower than the industry average of 107:1.
Jacob Thaysen, CEO of Illumina (ILMN), received $8.0M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.
The CEO-to-median-worker pay ratio runs 107x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been roughly flat — TSR of -2.4% alongside -1.8% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.
Say-on-pay support was strong at 94%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Illumina operates in Genomics with 7,500 employees and $4.4B in annual revenue, and currently carries a market capitalization of $20.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Illumina (ILMN).
Compensation Breakdown
Jacob Thaysen's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $1.5M | - | $7.5M | $1.8M | $2.3M | $1.7M | $15.1M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Jacob Thaysen, CEO of Illumina (ILMN), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Jacob Thaysen, CEO of Illumina (ILMN), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Illumina has a Pay-for-Performance Score of B (78/100). The company's 3-year total shareholder return is -2.4%, and the say-on-pay shareholder vote passed with 93.9% approval.
The CEO-to-median-worker pay ratio at Illumina is 107:1. The median worker at Illumina earns $75K per year, while CEO Jacob Thaysen earns $8.0M in total compensation.
Illumina employs approximately 7,500 people. The company operates in the Genomics industry within the Healthcare sector, generating $4.4B in annual revenue.