Good morning, ladies and gentlemen. This is Patrick Gallagher, Chairman of the Board and CEO of Arthur J. Gallagher & Company. Welcome to our 2025 Annual Meeting of Stockholders. Thank you for joining us today. The polls are now open. If you have not already voted and intend to vote during the meeting, we encourage you to do so at this time by following the instructions on the meeting website. The polls will be closing immediately after the presentation of the proposals. If you voted in advance of the meeting, you do not need to vote again unless you wish to change your vote. I would like to take a minute to introduce the other members of the board who are in attendance today. Those directors are Sherry Barrett, Deborah Kaplan, Teresa Clark, John Coleman, Richard Harris, Dave Johnson, Chris Miskel le , Ralph Micotti, and Norman Rosenthal.
I want to recognize the outstanding work of our board on behalf of stockholders. Our directors bring a wide range of experience and expertise to our company. They provide great guidance and advice, and I am personally grateful to all of our directors for their service. It is now my pleasure to officially call the 2025 Annual Meeting of Stockholders of Arthur J. Gallagher & Company to order. The agenda and rules of conduct have been provided on the virtual meeting website. The rules of conduct outline how we will proceed with today's meeting. In order to conduct an informative, orderly, and constructive meeting, we ask that participants abide by these rules. As stated in the rules of conduct, if you would like to submit a question, you may do so by following the instructions on the meeting website.
We ask that you limit yourself to one question and restrict your questions to matters of general interest to our stockholders. Thank you for your cooperation with these rules. Walt Bay, the company's General Counsel and Secretary, will act as Secretary of the meeting. Also joining today's meeting are Leah Grant, our Inspector of Election, and Kristin Schleicher and Carlos Ferrari of Ernst & Young LLP, the company's independent auditor. The Secretary has received an affidavit from Broadridge Financial Solutions regarding the mailing of the notice of the meeting. The affidavit states that beginning on or around March 24, 2025, notice of this meeting, together with the notice of internet availability of proxy materials, was mailed to all stockholders of record as of the close of business on March 17th, 2025, the record date for this meeting.
The inspector of election has also taken the required oath and certified that a majority of our common stock issued and outstanding and entitled to vote at this meeting is present or represented by proxies, so a quorum exists for the meeting. The affidavit and the inspector of election's oath will be filed with the minutes of this meeting. The meeting is now open for the purpose of transacting business properly before it. I will now briefly describe the three proposals to be voted on at today's meeting. Each of these proposals is described in detail in our proxy statement. The first proposal is the election of the 10 nominees named in our proxy statement to serve as directors until the 2026 Annual Meeting. The company has an advance notice provision for director nominations in its bylaws. Because no advance notice was received, all nominations are closed.
The second proposal is the ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31st, 2025. The third proposal is an advisory vote to approve the compensation of our named executive officers. Having completed the presentation of the proposals, the polls are now closed. We've been advised by the inspector of election that the preliminary vote report shows that each of the nominees for the election to the board of directors has been duly elected. The appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025, has been ratified, and the compensation of our named executive officers has been approved. We will publicly announce the official voting results once all the verifications have been completed by the inspector of election by filing a Form 8-K as required.
The formal portion of the meeting is now adjourned. We are now at our general question and answer session. I will pause to see if any questions have come in from the stockholders. As we have not received any questions from stockholders, this concludes our 2025 Annual Meeting of Stockholders. Thank you for your attendance, and thank you for your interest in our company.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.