Zymeworks (ZYME) executive compensation, 2025 proxy

Kenneth Galbraith, CEO, President & Chair, was paid $5.3M in 2024, up 56% from $3.4M the year before.

Filed
November 10, 2025
Annual meeting
December 30, 2025
Pay year
2024
Named executives
3
CEO total pay
$5.3M+56% vs prior year
CEO pay in equity
78%$4.1M in awards
Prior say-on-pay support
93%of votes cast
CEO Target Bonus
60%Percentage of annual base salary
Say-on-Pay Support
93%Prior year approval

How Galbraith was paid

$5.3M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Stock awards40%Option awards38%Non-equity incentive7%All other compensation3%

Named executive officers

ExecutiveTotal
Kenneth GalbraithCEO, President & Chair$5,253,616
Leone PattersonExec. VP, Chief Business Officer & CFO$2,907,982
Paul MooreCSO$1,986,803

What changed and why

  • $5.3MKenneth Galbraith received total compensation of $5,253,616 in 2024, representing an increase from $3,374,876 in 2023.
  • Stock and option awards formed the majority of the CEO's total compensation package for 2024.
  • 93%The 2024 advisory vote on executive compensation received approximately 93% support from stockholders.
  • Leone Patterson joined as Executive Vice President, Chief Business Officer and CFO in September 2024.

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.