Illumina Elects David P. King to Board of Directors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: PRnewswire
- New Board Member: Illumina has elected David P. King to its Board of Directors, a move aimed at accelerating the company's clinical strategy to integrate genomics more broadly into standard care, which is expected to enhance its competitiveness in the healthcare sector.
- Extensive Leadership Experience: King previously served as Executive Chairman and CEO of Labcorp, where he led the company to triple its size through organic growth and strategic acquisitions, showcasing his deep expertise in healthcare and life sciences.
- Industry Influence: King's addition will strengthen Illumina's long-term impact for patients, customers, and shareholders, particularly through his expertise in healthcare delivery and board governance, providing strategic advantages for the company.
- Board Restructuring: King's election follows the retirement of Frances Arnold, Robert S. Epstein, and Gary S. Guthart, marking a continued optimization and renewal of Illumina's leadership team.
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Analyst Views on ILMN
Wall Street analysts forecast ILMN stock price to fall
13 Analyst Rating
4 Buy
6 Hold
3 Sell
Hold
Current: 158.700
Low
40.50
Averages
133.54
High
170.00
Current: 158.700
Low
40.50
Averages
133.54
High
170.00
About ILMN
Illumina, Inc. specializes in DNA sequencing and array-based technologies, serving customers in research, clinical and applied markets. The Company's products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. Its customers include genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. Its comprehensive line of products addresses the scale of experimentation and breadth of functional analysis to advance disease research, drug development, and the development of molecular tests. It also specializes in data-driven proteomics technology. Its products include instruments, kits and reagents, selection tools, and software and analysis. Its services include sequencing services, microarray services, proactive instrument monitoring, and instrument services and training.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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