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Daniel P. O’Day

Chairman and Chief Executive Officer at GILEAD SCIENCES
Board
Since March 2019
Age
60 years
Education
Earned a bachelor's degree in biology from Georgetown University and an MBA from Columbia University.
Tenure
Joined GILD in March 2019 as both Chairman and Chief Executive Officer and has continued to lead the company since.

Also at GILEAD SCIENCES

ADD
Andrew D. Dickinson
Chief Financial Officer
DHT
Deborah H. Telman
EVP, Corporate Affairs and General Counsel
JM
Johanna Mercier
Chief Commercial Officer

About

Daniel P. O’Day is a seasoned executive with an extensive background in the pharmaceutical industry. Raised with a strong academic foundation, he built his early career on the principles of science and business management, having earned his degrees in biology and business administration from prestigious institutions.

Before joining GILD, he amassed over three decades of experience at Roche Pharmaceuticals, where he held various executive roles and was instrumental in steering the company's pharmaceutical and diagnostics divisions across North America, Europe, and Asia. His leadership journey at Roche also included pivotal board roles with companies such as Genentech and Flatiron Health.

Upon joining GILD in March 2019 as both Chairman and Chief Executive Officer, he brought his deep industry insights and commitment to innovation, driving the company’s strategy to address unmet medical needs and navigate evolving global healthcare challenges. His role has been central to enhancing the company’s pipeline and maintaining its leadership in the pharmaceutical market.

In addition to his executive duties at GILD, he serves as the Board Chair for the Pharmaceutical Research and Manufacturers of America (PhRMA), underscoring his influential presence in shaping industry standards and advancing healthcare initiatives.

$GILD Performance Under Daniel P. O’Day

Past Roles

OrganizationRoleDate RangeDetails
Roche Pharmaceuticals Chief Executive Officer Before March 2019 Held various executive positions for over three decades across North America, Europe, and Asia
Roche Pharmaceuticals Member, Corporate Executive Committee N/AServed as a member during his tenure with no specific dates provided
Genentech Board Member N/ARole held as part of his involvement with several public and private boards
Flatiron Health Board Member N/ARole held as part of his involvement with several public and private boards
Foundation Medicine Board Member N/ARole held as part of his involvement with several public and private boards

External Roles

OrganizationRoleDate RangeDetails
Pharmaceutical Research and Manufacturers of America (PhRMA) Board Chair N/ACurrent active role
Galapagos NV Board Member N/AIn connection with its partnership with Gilead

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$1,740,962 AnnuallyFixed annual salary
Company Contributions to Deferred Compensation Plan$750,000 Annual installments (final installment of a 5-year agreement)Compensation for pension benefits forfeited with previous employer
Insurance Premiums$7,482 AnnuallyLife insurance premiums
Perquisites and Other Personal Benefits$1,192,990 AnnuallyIncludes corporate aircraft use ($233,596 ), personal security services ($166,859 ), corporate automobiles use ($28,283 ) and executive digital protection ($7,000 )

Performance Compensation

Data from  FY 2023

Performance Shares

Metric & DetailsValueCitations
Performance Share TypeRelative TSR Tranche & Revenue Tranche (50% weight each)
Performance Period (Relative TSR)March 1, 2023 - December 31, 2025
2023 Revenue Goal (Revenue Tranche)$26.5 billion
Threshold Shares3,155 shares
Target Shares58,514 shares
Maximum Shares117,028 shares
Grant DateMarch 10, 2023
Grant Date Fair Value$4,999,868
Vesting ConditionMust remain employed through corresponding Relative TSR-based and Revenue-based Awards Certification Dates

Corporate Bonus (Non-Equity Incentive Plan)

Metric & DetailsValueCitations
Target Corporate Bonus$2,625,000
Maximum Bonus$5,250,000
Base Salary$1,750,000
Target Incentive Opportunity150% of base salary
Total Award Value$4,036,200
Performance Factor124% (tied to corporate performance)
Performance Metrics100% corporate performance; specific quantitative metrics not provided
Vesting/ConditionsNo detailed vesting schedule provided

Interviews

Gilead CEO Daniel O'Day on new HIV prevention medicine: It's going to change the face of HIV thumbnail

Gilead CEO Daniel O'Day on new HIV prevention medicine: It's going to change the face of HIV

CNBC Television
5:25 min
Jan 13, 2025
Gilead CEO On 2024 drug pipeline: Expect results from around two dozen clinical trials thumbnail

Gilead CEO On 2024 drug pipeline: Expect results from around two dozen clinical trials

CNBC Television
6:00 min
Jan 8, 2024