COVID Stimulus Watch Individual Entry

Recipient Company:
Gilead Sciences Inc
Loan or Loan Guarantee Amount:
$2,103,698

Recipient Details

Ownership Structure: publicly traded (ticker symbol GILD)

Award Details

Award Date: Oct 1, 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

Employment icon
Good Jobs First has no data in this category
Contracting icon
Government-contracting-related Penalties: $97,250,000
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 169 to 1
CEO Compensation: $29,361,393
Worker Median Pay: $173,264
Tax icon
Total Federal, State, and Local Subsidies: $15,726,198
Federal Corporate Income Tax Rate: 25.6%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues