DEF: ZoomInfo Technologies Inc. Announces Details for 2025 Annual Stockholder Meeting

ZoomInfo Technologies Inc. will hold its annual stockholder meeting virtually on May 14, 2025, to vote on director elections, auditor ratification, and executive compensation.

Summary

• ZoomInfo Technologies Inc. will hold its Annual Meeting of Stockholders on May 14, 2025, at 12:00 p.m. Eastern Time, in a virtual format.
• Stockholders will vote on the election of four Class II directors, the ratification of KPMG LLP as the independent registered public accounting firm for 2025, and an advisory vote on executive compensation.
• The record date for determining stockholders eligible to vote is March 17, 2025.
• Stockholders can vote online, by telephone, or by mail before the meeting, or online during the meeting.
• The Board of Directors recommends voting for the director nominees, the ratification of KPMG LLP, and the approval of executive compensation.
• In 2024, ZoomInfo achieved revenue of $1,214.3 million and GAAP operating income of $97.4 million.
• The company repurchased 46,801,742 shares of its common stock in 2024 at an average price of $12.01 per share, totaling $562.3 million.

Sentiment

Score: 7

Explanation: The document is generally positive, outlining the company's plans for the annual meeting and highlighting key financial achievements. However, it also acknowledges potential risks and uncertainties.

Positives

• The company provides multiple avenues for stockholders to vote, including online, telephone, and mail.
• ZoomInfo is committed to engaging with stockholders and regularly assesses its corporate governance and compensation practices.
• The company's 2024 business highlights include significant revenue and operating income.
• ZoomInfo repurchased a substantial number of shares in 2024, indicating confidence in its financial position.

Negatives

• The net revenue retention rate was 87% as of December 31, 2024, which is a decrease from prior periods.
• The company's GAAP operating income margin of 8% is relatively low compared to the adjusted operating income margin of 35%.

Risks

• The document includes forward-looking statements that are subject to risks and uncertainties, which could cause actual results to differ materially from expectations.
• The company's future performance is dependent on its ability to attract, motivate, and retain talented and seasoned technology leaders.
• The company faces competition in attracting and retaining a world class, skilled executive management team, particularly in our technology sector.

Future Outlook

The Proxy Statement includes forward-looking statements, and actual results may vary materially from those projected.

Management Comments

• Henry L. Schuck, Chief Executive Officer and Chairman of the Board, thanks stockholders for their continued support.

Industry Context

ZoomInfo operates in the technology sector, competing with other rapidly expanding software and technology companies for executive talent.

Comparison to Industry Standards

• The Compensation Committee benchmarks executive compensation against a peer group of companies including ANSYS, HubSpot, Okta, and Paycom Software.
• The company's peer group for 2025 includes Alarm.com, DoubleVerify, Morningstar, and Sprinklr.

Management Changes

Related Party Transactions

• The company provides limited complimentary access to its platform to 22C Capital, Carlyle and TA Associates.
• The company recorded revenues from TA Associates, The Carlyle Group, and 22C Capital in 2024 of approximately $0.4 million, $0.5 million, and less than $0.1 million, respectively.

Stakeholder Impact

• Stockholders are provided with information and a platform to vote on key company decisions.
• Executive compensation is designed to align with the interests of stockholders and create long-term value.

Next Steps

• Stockholders are encouraged to vote on the proposals outlined in the Proxy Statement.
• The Board is committed to appointing a Lead Independent Director prior to the 2026 annual meeting of stockholders.

Key Dates

Keywords

stockholders, proxy, directors, compensation, ZoomInfo, governance, KPMG, voting, annual meeting