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Ian Mortimer

CEO of Xenon Pharmaceuticals

Education

M.B.A. from Queen's University; B.Sc. in Microbiology from the University of British Columbia.

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1976 - 49 years ago

Economy Sector

Healthcare

Current Tenure

4 years 2 months (Jan 2021 - Present)

Previous Experience

Chief Financial Officer and Chief Operating Officer at Xenon Pharmaceuticals Inc.; Executive Vice President and Chief Financial Officer at Tekmira Pharmaceuticals Corporation.

Ian Mortimer is the President and CEO of Xenon Pharmaceuticals, a role he has held since January 2021. He has a strong background in finance and management. Before becoming CEO, he served as President and Chief Financial Officer, where he...

Year

2023

Total Compensation

$10.12M

Salary

$665.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with corporate objectives and shareholder value.

Bonus

$359.65K

Board Justification

Annual performance-based cash bonus based on achievement of corporate objectives, paid in March 2024 for 2023 performance.

Other

$39.45K

Board Justification

Includes life insurance premiums, other insurance premiums, and contributions for retirement savings.

Restricted Stock

$9.05M(380K stock options)

Board Justification

Stock options granted in 2023, vesting over four years, with 25% vesting on January 1, 2024, and the remaining 75% vesting in equal monthly installments thereafter.

Performance Metrics

Performance metrics include achievement of corporate objectives focusing on clinical, pre-clinical, and financial operations.