AP News

Zumiez CFO resigns, replacement named


LYNNWOOD, Wash. (AP) — Zumiez Inc. said its chief financial officer and corporate secretary plans to leave the company within the next few weeks to pursue other interests and named a replacement.

The Lynnwood, Wash.-based action-sports retailer said in a Securities and Exchange Commission filing late Thursday that Marc Stolzman's departure will be effective by Sept. 14.

Zumiez named Christopher Work, 33, as its new chief financial officer and acting corporate secretary. Work joined the company in 2007 and most recent served as its vice president and controller.

In connection with his promotion, Work's annual base salary will be increased to $210,000. He also will participate in the company's short-term cash-based incentive program and will be eligible to receive annual equity grants, Zumiez said.

Zumiez shares fell $1.87, or 5.6 percent, to $31.56 in afternoon trading.


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus