Good morning and welcome to the Tile Shop Holdings, Inc. annual meeting of stockholders. I would like to introduce your first presenter, Peter Kamin, Chairman of the Board of Directors. Please go ahead, sir.
Good morning, ladies and gentlemen. The 2024 annual meeting of the stockholders of Tile Shop Holdings is now called to order. I would like to extend a welcome to any stockholders attending this virtual annual meeting. Stockholders may submit questions at any time during this meeting in the space provided on the virtual meeting screen. During the annual meeting, we will address questions from stockholders pertaining to the proposals being considered at that time. Stockholder questions on other topics will be addressed following the formal portion of the meeting. My name is Peter Kamin. I am the Chairman of the Board of Directors of Tile Shop Holdings, and I will be serving as Chairman of this meeting.
In that capacity, I appoint Mark Davis, our Senior Vice President and Chief Financial Officer, to act as Secretary of the Meeting and Inspector of Election for votes submitted online during this virtual annual meeting. Broadridge Financial Solutions will serve as Inspector of Election for proxies submitted other than at this meeting. The oath and report of the Inspector of Election will be filed with the minutes of this meeting. Also present today are the following members of our Board of Directors: Cabby Lolmaugh, Chief Executive Officer; Mark Bonney; Deborah Glasser; Peter Jacullo; and Linda Solh. Also, our legal counsel, Jurgita Ashley of Thompson Hine; and from our auditor, Aaron Peterson of RSM.
I have copies of the proxy statement and the notice of internet availability of proxy materials, and an affidavit of mailing from Broadridge Financial Solutions stating that copies of notice for this meeting were mailed to each stockholder of record as of the close of business on April 22, 2024, the record date for this meeting commencing April 25, 2024. These documents will be included with the minutes for this meeting.
According to the report of the Inspector of Election, we had 44,526,194 shares of common stock outstanding as of April 22, 2024, the record date, and 31,727,094 shares of common stock are represented at this meeting either virtually or by proxy. Because at least a majority of the outstanding shares of common stock are represented, there is a quorum. Therefore, this meeting is lawfully convened and the polls for voting on all matters are hereby opened at this time. All stockholders entitled to vote at this meeting have the ability to do so online. If you are a stockholder entitled to vote and have not yet voted, or if you want to change your previously cast vote, please do so via the website used to access this meeting.
Please remember that if you have already voted by mailing in your proxy, by telephone, or online, it's not necessary to vote again. After voting has been completed on all matters on the agenda, we will close the polls and the Inspector of Election will provide his preliminary report. The proxies solicited by the Board of Directors can be tallied at one time even though they contain three matters for consideration, and the votes cast online today can be handled the same way. Accordingly, I intend to first briefly discuss each matter to be acted on at this meeting, and at the conclusion of the discussion of all items, we will take the vote.
Since no stockholder nominations or proposals were properly filed in advance of this meeting, the business of this meeting is limited to the three matters identified in the notice of meeting and described in our proxy statement. The vote required for each proposal is described in the proxy statement. The first item of business is the election of Deborah Glasser and Linda Solh as Class III directors to hold office until the 2027 annual meeting of stockholders. No nominations may be made at this meeting, so therefore I declare nominations to be closed. The second item of business is the ratification of the appointment of RSM US LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The final item of business is a proposal to approve on a non-binding and advisory basis Named Executive Officer Compensation.
Having reviewed the items of business before this meeting, are there any questions for the representative of RSM US LLP or any other discussion with respect to these items of business? Seeing no questions, we'll move on. The polls are about to close, so if you have not yet voted, please do so. The polls for voting on the matters before this meeting are hereby closed. The following preliminary results are based upon votes cast prior to the start of the meeting. The final voting results will be included with the minutes of this annual meeting and publicly announced by way of a filing with the Securities and Exchange Commission. First, each of the director nominees has been duly elected to the board. Second, the proposal to ratify RSM as the company's independent registered public accounting firm for the year ending December 31, 2024, has been approved.
Last, the proposal to approve on a non-binding and advisory basis Named Executive Officer Compensation has passed. This advisory approval will be taken into consideration by the Board and the Compensation Committee. That concludes the business for the meeting. The meeting is now adjourned. I will now begin to respond to questions on other topics submitted during the annual meeting and invite you to ask any questions you have regarding the company and its business. Please follow the instructions provided on the virtual meeting screen to submit questions. Seeing as there are no questions, ladies and gentlemen, thank you for attending today's.