leadership
confidence high
sentiment neutral
materiality 0.35
Zymeworks amends CEO employment to allow UK-based work, removes Vancouver relocation requirement
Zymeworks Inc.
- CEO Kenneth Galbraith's principal place of employment changed to UK home, no longer required to relocate to Vancouver or Seattle.
- Company will reimburse travel and lodging for one trip per year for Galbraith and immediate family to Vancouver/Seattle.
- Company will continue to secure and pay rental costs for temporary housing in Vancouver, grossed up for tax withholding.
- Amendment dated January 3, 2024; effective immediately.