Illumina President Francis deSouza will become the San Diego-based company’s CEO in July, replacing Jay Flatley, the firm announced Monday.
DeSouza has been president since 2013.
“The time is right for Francis to become Illumina’s next president and CEO,” said Flatley, who will become executive chairman of the maker of genomics equipment.
“Francis is an exceptional leader, with a demonstrated track record of leading large organizations and implementing complex growth strategies,” Flatley said.
During Flatley’s 17-year tenure as CEO, the company’s annual revenue grew from $500,000 to over $2.2 billion last year.
Illumina’s Board of Directors appointed deSouza unanimously. He’ll assume his new position July 5.
DeSouza earned degrees in electrical engineering and computer science from the Massachusetts Institute of Technology.
He earlier was president of products and services at Symantec Corp., having joined the computer-security company via the acquisition of IMlogic, where he was co-founder and CEO.
— City News Service
