ZUMIEZ INC (ZUMZ)

Sector: Consumer Discretionary

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2026 Annual Meeting Analysis

ZUMIEZ INC · Meeting: June 3, 2026

Policy v1.2medium confidenceView Filing ↗
For informational purposes only. This AI-generated analysis applies a published voting policy to publicly available proxy filings. It does not constitute investment advice, proxy voting advice, or a solicitation of any kind. AI analysis may be incomplete or inaccurate — always review the actual filing and make your own independent decision.

Directors FOR

3

Directors AGAINST

0

Say on Pay

FOR

Auditor

FOR

Director Elections

Election of Directors

3 FOR
✓ FOR
Thomas D. Campion

Campion has served as co-founder and Chairman since 1978; the 3-year TSR trigger does not apply because ZUMZ outperformed its peer group median by +69.2pp over three years, well above the 65pp threshold required to trigger a vote against, and no overboarding, attendance, or independence concerns are present.

✓ FOR
Liliana Gil Valletta

Gil Valletta joined in July 2019 and brings relevant marketing, data analytics, and consumer insight experience; the TSR trigger does not apply given strong peer-relative outperformance, and no other policy concerns are present.

✓ FOR
Carmen R. Bauza

Bauza joined in May 2022 and brings strong retail and merchandising experience; the TSR trigger does not apply, attendance is satisfactory, and no independence or overboarding concerns are identified.

All three nominees — Campion, Gil Valletta, and Bauza — warrant a FOR vote. ZUMZ's 3-year total return of +36.8% against a peer median of -32.4% produces a +69.2pp outperformance gap, which falls short of the 65pp underperformance threshold needed to trigger a vote against any director. No overboarding, attendance, independence, or qualifications concerns were identified for any nominee.

Say on Pay

✓ FOR

CEO

Richard M. Brooks

Total Comp

$1,749,159

Prior Support

99.4%%

CEO Richard Brooks received total compensation of $1,749,159 for fiscal 2025, consisting entirely of base salary ($735,000) and a performance-based cash bonus ($1,008,089) with no equity awards — a straightforward and modest pay package for a CEO at a ~$417M market cap retail company that is well within benchmark ranges. Pay is heavily variable and performance-linked: the cash bonus was earned under a pre-set formula tied to measurable sales, product margin, and operating profit targets, all of which the company verified through audited results before paying — this is exactly the kind of incentive structure the policy favors. The prior Say on Pay vote received 99.4% shareholder support, the compensation program has meaningful clawback protections, and there are no concerns about pay mix, excessive fixed pay, or misalignment between executive pay and shareholder outcomes.

Auditor Ratification

✓ FOR

Auditor

Baker Tilly US, LLP

Tenure

N/A

Audit Fees

N/A

Non-Audit Fees

N/A

The proxy filing does not disclose auditor fee data or Baker Tilly's tenure, so neither the non-audit fee ratio trigger nor the tenure trigger can be confirmed; per policy, the absence of tenure data means the tenure trigger does not fire, and without fee data the fee ratio trigger cannot apply — the default FOR vote stands with the absence of fee and tenure disclosure noted as a minor transparency concern.

Overall Assessment

The 2026 Zumiez annual meeting ballot covers three proposals: election of three directors, an advisory vote on executive compensation, and ratification of Baker Tilly as auditor. All three proposals warrant a FOR vote — the company's strong peer-relative stock performance clears the director TSR threshold, CEO pay is modest and performance-linked with near-unanimous prior shareholder support, and no auditor independence or fee concerns can be confirmed from the disclosed information.

Filing date: April 24, 2026·Policy v1.2·medium confidence

Compensation Peer Group

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