2021 annual meeting for stockholders of Allison Transmission Holdings, Inc. Before we get started, I would like to go over a few items so you know how to participate in today's meeting. First, during today's meeting, you will have the opportunity to submit text questions to today's presenters by typing your questions into the questions pane of the control panel. Questions regarding the items up for vote will be addressed at the appropriate times throughout the meeting. Second, today's meeting is being recorded. I would now like to introduce Dave Graziosi, CEO and President of Allison Transmission Holdings, Inc.
Good morning, everyone, and thank you for joining the 2021 Annual Meeting of Stockholders. I am Dave Graziosi, CEO, President, and a member of the Board of Directors of Allison Transmission Holdings, Inc. And along with my fellow directors and senior management of the company, I would like to welcome you all to today's meeting. We appreciate your attendance, your interest, and most importantly, your support of Allison Transmission. I would like to introduce the directors of Allison, all of whom are in attendance today. We welcome Judy Altmaier, Stan Askren, David Everitt, Alvaro Garcia-Tunon, myself, Carolann Haznedar, Richard Lavin, Thomas Rabaut, and Richard Reynolds. We also have a number of Allison's management team here with us today. Joining me are Fred Bohley, Senior Vice President, Chief Financial Officer, and Treasurer.
Jackie Bolles, Managing Director, Chief Compliance Officer, Securities Counsel, and Assistant Secretary. Also attending this meeting are Carla Harris and Michelle Mann of PwC, our independent auditors. On behalf of the board, our stockholders, and all of our employees, I'd like to call the 2021 Annual Meeting of Stockholders of Allison Transmission, Inc. to order. Jackie Bolles, Managing Director, Chief Compliance Officer, Securities Counsel, and Assistant Secretary of Allison Transmission, will serve as Secretary of the meeting and keep the minutes. Jackie will now open the details on the notice for today's meeting and discuss the procedures for transacting of business.
Good morning. The company's distribution agent, Broadridge Financial Solutions, has provided an affidavit of distribution, attesting that the proxy materials were mailed beginning on March 26, 2021 to stockholders of record as of March 8, 2021, the record date for the meeting. The affidavit of distribution will be included in the minutes of today's meeting. An agenda that outlines the order of business for the meeting, as well as rules of conduct for the meeting, have been made available on the website used to access this meeting. The meeting will take place as described in the agenda. Stockholders may submit questions in the space provided on the virtual meeting screen. During the meeting, questions and comments should pertain to the item being considered at that particular time.
The Inspector of Election will tabulate the votes at today's meeting, and when the report of the Inspector of Election is complete, we will announce the results.
Thank you, Jackie. I hereby appoint Gene Capello, a representative of Broadridge Financial Solutions, as Inspector of Election for the meeting and any adjournment or postponement of this meeting. He has signed an oath to act as Inspector of Election, and this oath will be filed with the minutes of this meeting. The Secretary has the stockholder list of the company as of the close of business on March 8, 2021, the record date for the meeting, which shows the stockholders and their respective number of shares entitled to vote at this meeting. This list is available for inspection during the meeting by any stockholder on the website used to access this meeting, and will be filed with the minutes of this meeting. Jackie, would you please report on the number of shares entitled to vote at the meeting?
There are 111,117,016 shares of common stock entitled to vote on all matters presented to stockholders at this meeting. I certify that the holders of more than 50% of all votes entitled to be cast at this meeting are present in person or by proxy.
Having been advised that a quorum is present at the meeting, I declare the meeting duly and lawfully convened. The meeting is now open and ready for business, and the polls for voting on all matters are open. All Allison Transmission 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 already have voted by proxy, it is not necessary to vote again. The first item of business is the election of nine directors. At this meeting, we will be electing each of the nine directors for a one-year term, expiring at the 2022 annual meeting of stockholders.
The candidates for director who have been nominated to serve as directors by the company's Nominating and Corporate Governance Committee and the board of directors are Judy Altmaier, Stan Askren, David Everitt, Alvaro Garcia-Tunon, myself, Carolann Haznedar, Richard Lavin, Thomas Rabaut, and Richard Reynolds. The nominees' biographic information and qualifications are detailed in the proxy statement for today's meeting. In accordance with the bylaws of the company, stockholders are required to provide advance notice of their intent to nominate candidates for directors. No such notice was in effect at the time of this meeting. Therefore, I declare the nominations for directors closed. Are there any questions or comments on this item? Seeing none, we'll move on to the second proposal. The second item of business is to ratify the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2021.
The appointment of PwC is discussed in the proxy statement. Are there any questions or comments on this item? Seeing none, I'll move on to the third proposal. The third item of business is to approve the compensation paid to the company's named executive officers. This proposal is a non-binding stockholder advisory vote. The company's executive compensation is discussed in the proxy statement. Are there any questions or comments on this item?
The polls are about to close, so if you've not yet voted, please do so now. Thank you, and the polls are now closed. The Inspector of Election has delivered his preliminary report, and I will now announce the preliminary results of the voting. Mr. Chairman, based on the Inspector of Election's preliminary report, Judy Altmaier, Stan Askren, David Everitt, Alvaro Garcia-Tunon, David Graziosi, Carolann Haznedar, Richard Lavin, Thomas Rabaut, and Richard Reynolds have been elected as directors by stockholders. Each candidate received more votes for their election than against. Ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2021 has been approved by the stockholders by the affirmative vote of a majority of the shares present in person or by proxy at the meeting.
And finally, the compensation paid to the company's named executive officers, as disclosed in the proxy statement pursuant to the Compensation Disclosure Rule of the SEC, has been approved by the stockholder, by the affirmative vote of a majority of the shares present in person or by proxy at the meeting. We will file a final report of the Inspector of Election with the minutes of this meeting. We expect to report the results of the voting on a Form 8-K, to be filed with the Securities and Exchange Commission within four business days of this meeting.
Since there are no other matters to come before the meeting, this concludes the business portion of our meeting. I hereby declare this meeting adjourned. We will now accept questions from any stockholder in attendance.
For those watching, you can ask a question by submitting it in the Q&A section on your web console. Please feel free to submit questions now. There are no further questions at this time, Mr. Graziosi. I turn the call back over to you.
Thank you again for your attendance and interest. We hope to see all of you at next year's annual meeting.
Thank you. The annual general meeting for Allison Transmission Holdings, Inc. has now come to an end.