How MD was paid
$1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Pardeep Nijhawan, MDDirector, Chief Executive Officer and Corporate Secretary | $357,696 | $93,717 | $522,931 | $32,415 | $1,006,759 |
| Michael Brooks, PhDPresident | $335,340 | $87,859 | $411,671 | $27,007 | $861,877 |
| Peter WeilerChief Financial Officer | $125,000 | — | $129,143 | $10,558 | $264,701 |
| Stephen Lemieux, CPAFormer Chief Financial Officer | $192,500 | $86,460 | $111,858 | $32,054 | $422,872 |
What changed and why
- $1MCEO total compensation increased to $1,006,759 in fiscal 2025 due to higher bonuses and stock awards.
- Dr. Nijhawan received 79,826 restricted share units issued as partial payment of salary.
- All executive compensation was paid in Canadian dollars and converted to US dollars.
- Peter Weiler was appointed Chief Financial Officer effective May 1, 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.