Zumiez More Than Doubles CEO’s Salary

zumiezZumiez has announced that Chief Executive Officer, Richard Brooks’ annual base salary will be increased to $613,000, more than doubling from the previous year’s salary of $262,500. The announcement comes shortly after last week’s report of 2010’s $24.1 million profit for the action sports chain store.

Zumiez cited Brooks’ 18-year tenure with the youth-oriented retailer, its strong financial performance in 2010, and a desire to bring his salary “closer to the 40th percentile peer group target.”