Illumina, Inc. (NASDAQ: ILMN) today announced it has appointed Laura
Lauman as Vice President of Marketing. In this executive management
position, Lauman will lead Illumina’s global marketing efforts.
"Lauman has a distinguished track record of success in building and
driving growth in global, complex businesses and has significant general
management experience in sales, marketing, R&D portfolio and P&L
management positions at several premier life sciences companies,” said
Tristan B. Orpin, Senior Vice President and Chief Commercial Officer at
Illumina. "She will be a key addition to the Commercial leadership team
at Illumina and will drive innovative marketing strategies, create
high-performance teams and contribute to the strength of the Company’s
industry-leading position.”
Beginning her career as a Research Scientist at Harvard Medical School,
Lauman has held numerous senior executive positions in the life sciences
industry including President of AB SCIEX, currently an operating company
of Danaher Corporation. In her 15 years at Life Technologies/Applied
Biosystems, she was a Division President and General Manager of the
Proteomics and Small Molecule Division where she was chartered with the
strategic, operational and commercial leadership of the business. In
addition to her general management role, she was also responsible for
global marketing and corporate communications while at Applied
Biosystems. Lauman also served in commercial and business leadership
roles at both PerkinElmer and Waters Associates. Most recently, she ran
her own consulting business, serving as a strategic advisor to senior
executives in the life science and clean tech businesses. Lauman holds a
bachelor’s degree in biology from Boston College.
Lauman will assume the functional responsibilities of Omead Ostadan who
has accepted a new executive leadership role within the Company, the
details of which will be announced early next year.
About Lauman’s Compensation
Illumina granted an option to purchase 67,500 shares of Illumina’s
common stock and 7,500 restricted stock units (RSUs) to Lauman as part
of her inducement to join the company. An RSU represents a conditional
right to receive one share of our common stock at a specified future
date. The options and RSUs were approved by Illumina’s compensation
committee pursuant to NASDAQ Marketplace Rule 5635(c)(4) and will be
granted under Illumina’s New Hire Stock and Incentive Plan, which was
approved by Illumina’s Board of Directors on January 29, 2008. The
options have the following terms: an exercise price equal to the closing
fair market value of Illumina’s common stock on the grant date, a
ten-year term, and vesting over four years with 25 percent of the
options vesting one year from the grant date and 1/48th of the options
vesting monthly thereafter. The RSUs will vest over four years with 25
percent of the RSUs vesting on each of the first four anniversaries of
the grant date. The grant date for the option and RSUs to Lauman was
Dec. 12, 2011.
About Illumina
Illumina (http://www.illumina.com)
is a leading developer, manufacturer, and marketer of life science tools
and integrated systems for the analysis of genetic variation and
function. We provide innovative sequencing and array-based solutions for
genotyping, copy number variation analysis, methylation studies, gene
expression profiling, and low-multiplex analysis of DNA, RNA, and
protein. We also provide tools and services that are fueling advances in
consumer genomics and diagnostics. Our technology and products
accelerate genetic analysis research and its application, paving the way
for molecular medicine and ultimately transforming healthcare.
