Melanie Zimdars

About Melanie Zimdars

Melanie Hulett Zimdars (born 1976) serves as Chief Compliance Officer (CCO) for Invesco Capital Management LLC and the Invesco ETF trusts, and began serving as CCO for the Invesco QQQ Trust in 2025 . She has held the CCO role at Invesco since 2017, following senior compliance and fund finance roles at ALPS, Wasatch Advisors, and U.S. Bancorp Fund Services . Education publicly reported: University of Wisconsin–La Crosse (1995–1999) . Performance metrics tied to her role or executive evaluation (TSR, revenue/EBITDA growth) are not disclosed in Trust documents; QQQ board/trustee compensation/expenses are addressed at the fund level under a unitary advisory fee, not at the officer level .

Past Roles

External Roles

No public company directorships or external board roles are disclosed in the Trust’s proxy/registration statements for Zimdars .

Fixed Compensation

• Officer-level cash compensation (base salary, target/actual bonus, perquisites) for Zimdars is not disclosed in QQQ Trust filings; trustee compensation is set complex-wide and paid out of the Adviser’s unitary fee, but officer compensation is not itemized in Trust documents .

Performance Compensation

• Equity (RSUs/PSUs), options, performance metrics, vesting schedules, clawbacks, ownership guidelines, and severance/change-in-control terms for Zimdars are not disclosed in QQQ Trust filings; the proxy focuses on trustee matters and fund-level expenses under the Adviser’s unitary fee .

Equity Ownership & Alignment

• The proxy provides dollar ranges of equity securities owned by trustee nominees (e.g., “None” or “Over $100,000”) but does not disclose officer holdings for Zimdars; no pledging or hedging disclosures are provided for officers in the Trust filings .
• A sponsor officer roster (as of Jan. 27, 2025) lists certain Invesco Capital Management LLC officers/managers (e.g., Hartigan, Vacheron, Gallegos, Krugman, Ringold) and notes they do not own Units of the Trust; Zimdars is not listed in that specific roster and no ownership statement is made about her in that section .

Employment Terms

• Position: Chief Compliance Officer, QQQ Trust (Invesco QQQ Trust), since 2025; Indefinite term until successor elected .
• Position: Chief Compliance Officer, Invesco Capital Management LLC and multiple Invesco ETF trusts, since 2017; Indefinite term contemplated across ETF trusts .
• Address of record: Invesco Capital Management LLC, 3500 Lacey Road, Suite 700, Downers Grove, IL 60515 .
• No disclosures regarding non-compete, non-solicit, garden leave, post-termination consulting, or severance/change-in-control provisions for officers in Trust filings .

Investment Implications

• Compensation alignment and insider selling pressure: Absent officer-level pay and equity grant disclosures, there are no direct pay-for-performance levers or vesting-related selling signals to analyze for Zimdars from Trust filings; trustee compensation is funded via the Adviser’s unitary fee and not indicative of officer incentives .
• Retention risk: Continuous service as CCO across Invesco ETF trusts since 2017 and assignment to QQQ in 2025 suggest role continuity; terms are indefinite with no expiration disclosed .
• Governance context: The 2025 proxy outlines board formation/committee governance for QQQ’s conversion to an open-end fund and unitary fee economics; however, it does not provide officer contracts or performance-based pay structures to benchmark alignment for Zimdars .
• Data gap caution: For trading signals tied to executive compensation/ownership (e.g., vesting calendars, RSU releases, option exercises, pledging), Trust filings do not furnish officer-specific details for Zimdars. Any assessment of pay-driven behavior or equity-alignment risk would require Invesco Ltd. corporate-level disclosures, which are not included in the QQQ Trust proxy/registration documents .

References: ; external profile and education .