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Kymera Therapeutics Appoints Felix J. Baker, Ph.D., as Chairman of the Board of Directors

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Kymera Therapeutics (NASDAQ: KYMR) appointed Felix J. Baker, PhD, as Chairman of the Board, effective June 24, 2026. He succeeds co-founder Bruce Booth, DPhil, who remains an Independent Director. Baker has been Kymera’s Lead Independent Director since 2024 and leads Baker Brothers Investments.

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Positive

  • Felix J. Baker appointed Chairman, adding experienced biotech investor leadership to the board
  • Bruce Booth remains as Independent Director, supporting continuity in board governance
  • Leadership change aligned with advancing mid- to late-stage programs in Kymera’s oral degrader pipeline

Negative

  • None.

News Market Reaction – KYMR

+16.61%
36 alerts
+16.61% Session close to close
+24.2% Peak in 2 hr 32 min
$10.63B Market Cap
0.8x Rel. Volume

In the Jun 25 session, KYMR gained 16.61%, reflecting a significant positive market reaction. Argus tracked a peak move of +24.2% during that session. Our momentum scanner triggered 36 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Bruce Booth, DPhil, Co-Founder and Chairman, to remain an Independent Director

WATERTOWN, Mass., June 24, 2026 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, today announced the appointment of Felix J. Baker, PhD, as Chairman of the Board of Directors. Dr. Baker succeeds Bruce Booth, DPhil, who has served as Chairman since co-founding Kymera in 2016 and will remain an Independent Director.

“Since joining our Board in 2024, Felix has been a highly engaged strategic partner, with extensive experience in helping innovative companies scale and translate novel science into medicines. His insights have been invaluable as we advance multiple mid- to late-stage programs, expand our oral degrader pipeline and support Kymera’s next phase of growth,” said Nello Mainolfi, PhD, Founder, President and CEO, Kymera Therapeutics. “From the beginning, Bruce has been a visionary leader and collaborator, helping guide our evolution from an emerging technology into a clinical-stage organization. I am deeply grateful for his leadership as Chairman over the past decade and look forward to continuing to work together to transform treatment paradigms for patients around the world.”

Dr. Baker has served as Kymera’s Lead Independent Director since 2024. Dr. Baker is a Managing Member of Baker Brothers Investments which Dr. Baker founded, together with his brother Julian Baker, in 2000. He holds a BS and a PhD in Immunology from Stanford University, where he also completed two years of medical school. He also serves on the boards of BeOne Medicines Ltd., Bicycle Therapeutics PLC, Kodiak Sciences, Inc., and Kiniksa Pharmaceuticals International, plc.

About Kymera Therapeutics
Kymera is a clinical-stage biotechnology company pioneering the field of targeted protein degradation (TPD) to develop medicines that address critical health problems and have the potential to dramatically improve patients’ lives. Kymera is deploying TPD to address disease targets and pathways inaccessible with conventional therapeutics. Having advanced the first degrader into the clinic for immunological diseases, Kymera is focused on building an industry-leading pipeline of oral small molecule degraders to provide a new generation of convenient, highly effective therapies for patients with these conditions. Founded in 2016, Kymera has been recognized as one of Boston’s top workplaces for the past several years. For more information about our science, pipeline and people, please visit www.kymeratx.com or follow us on X or LinkedIn.

Investor Contact: 
Justine Koenigsberg
investors@kymeratx.com
857-285-5300 

Media Contact:
Matthew Henson
media@kymeratx.com
857-285-5300


FAQ

What board leadership change did Kymera Therapeutics (NASDAQ: KYMR) announce on June 24, 2026?

Kymera Therapeutics announced that Felix J. Baker, PhD, has been appointed Chairman of the Board. According to Kymera, he succeeds co-founder Bruce Booth, DPhil, who steps down as Chairman but will continue serving as an Independent Director.

Who is Felix J. Baker, the new Chairman of Kymera Therapeutics (KYMR)?

Felix J. Baker, PhD, is an experienced biotech investor and Kymera’s new Board Chairman. According to Kymera, he is Managing Member of Baker Brothers Investments and has served as Kymera’s Lead Independent Director and board member since 2024.

What role will Kymera co-founder Bruce Booth have after the new Chairman appointment?

Bruce Booth, DPhil, will remain on Kymera’s Board as an Independent Director after stepping down as Chairman. According to Kymera, Booth co-founded the company in 2016 and has guided its evolution into a clinical-stage organization developing oral degrader medicines.

How does Felix J. Baker’s appointment support Kymera Therapeutics’ clinical-stage pipeline?

Kymera suggests Felix J. Baker’s strategic input will aid its next phase of growth and pipeline advancement. According to Kymera, his experience supports multiple mid- to late-stage programs and expansion of its oral small molecule degrader pipeline for immunological diseases.

Which other biotech boards does Kymera chairman Felix J. Baker serve on?

Felix J. Baker serves on the boards of BeOne Medicines, Bicycle Therapeutics, Kodiak Sciences, and Kiniksa Pharmaceuticals. According to Kymera, this broad board experience complements his role as Managing Member of Baker Brothers Investments and Chairman of Kymera Therapeutics.