COVID Stimulus Watch Individual Entry
Recipient Company:
Gilead Sciences Inc
Loan or Loan Guarantee Amount:
$2,239,363
Recipient Details
Ownership Structure: publicly traded (ticker symbol GILD)
Award Details
Award Date: Oct 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Gilead Sciences
Headquartered in: California
Parent Sector: pharmaceuticals
Parent Industry: pharmaceuticals
Employees (prior to pandemic): 11,800
Accountability Issues Since 2010
Good Jobs First has no data in this category
Government-contracting-related Penalties: $97,250,000
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 169 to 1
CEO Compensation: $29,361,393
Worker Median Pay: $173,264
Total Federal, State, and Local Subsidies: $15,726,198
Federal Corporate Income Tax Rate: 25.6%
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