Great job and thank you, Jason and Hint.
Does anybody have an extra mile or story? That would be me, Bill. Good morning, everybody. It so happened to him.
Right here, hold on. There it is. On the Portland region, this message is regarding Donovan at your McLaughlin branch. This guy is just plain awesome. As I was stuck in your parking lot with the ignition issue this morning, there were many, many customers.
When there was a lull in customers, you printed out the firing order off my Dodge truck from your website, brought it out to me and helped troubleshoot my issue. I had misplaced 3 of the new plug wires I had just purchased on the wrong towers. Not only did he help me get home, but he also saved my Valentine's Day. Of course, after I told the missus what happened, she demanded I write and tell you guys what he had done. He is the reason I will return to AutoZone.
Thank you, Gary Milton more.
Thanks, Milton, for that great story. To begin the business of our annual meeting, I'll first ask Kristin Wright to report on the giving of notice of this meeting to our stockholders and the presence of a quorum.
Mr. John Rucot from Computershare, our transfer agent, is here serving as our independent Inspector of Elections. I'm presenting to the meeting a complete list of the holders of record of the company's common stock on October 23, 2017, who are entitled to vote at this meeting. I've received an affidavit from Computershare stating that on October 27, 2017, the mailing of the notice of meeting, the proxy and a postage prepaid return envelope of stockholders of record as of the close of business on October 23, 2017 was commenced. A tabulation of the proxies received from stockholders indicates that more than a majority of the outstanding shares are represented at this meeting and a quorum is present.
All stockholders of record at the close of business on October 23, 2017 are entitled to vote at this annual meeting.
Thanks, Kristen. I'll now call this meeting to order. Before we proceed to the business, I'd like to ask our senior management team, the AutoZone Executive Committee, please stand and be recognized. Thank you all for your terrific leadership. Now let's proceed with our first order of business.
I'd like to point out that stockholders do not have need to vote by ballot at this meeting if they've already voted. If you have not filled out your proxy, if you'd like to vote in person, please raise your hand and a ballot will be handed to you. In accordance with the notice of the meeting, the first order of business is the election of directors to serve until the next annual meeting of stockholders in 2018. On September 10, 2017, Ms. Sue Goh informed the Board of her decision not to stand for reelection to the Board at this year's annual meeting.
I would personally like to thank Sue for all of her efforts and contributions over the course of her 12 plus years of service to our Board. I wish her well in all of her future endeavors. Let's give Sue a round of applause. The following directors have been nominated by the Board's Nominating Corporate Governance Committee for reelection to the Board. All of the nominees are currently directors and I'd like to ask them to stand as their names are called.
Doug Brooks, Linda Goodspeed, Butch Graves, Henderson Gamaris, Ted Hyde, Brian Jordan, Andrew McKenna, George McConach, Lou Nieto and myself. The Board of Directors unanimously recommends that stockholders vote for each of these nominees. Thank you. I'll give them a big round of applause. The polls are now open for voting.
The second order of business is a ratification of the appointment of Ernst and Young LLP as the registered public accounting firm of the company for 2018 fiscal year. Richard Wright is with us here today. Richard, thank you for being here and thank you for your service. Our Board unanimously recommends the ratification of Ernst and Young as our independent accountants. The 3rd order of business is a non binding advisory vote on executive compensation or say on pay.
Our Board unanimously recommends a vote for this proposal as well. The 4th order of business is a non binding advisory vote on the frequency of future advisory votes on executive compensation, say on frequency. Our Board unanimously recommends the vote to conduct future advisory votes on executive compensation every year. For those stockholders holding at the meeting, please finish marking your balance as the polls are now closing. The polls are now closed.
Please pass any proxy cards and ballots you have towards the aisle and they'll be collected. Kristin, has the Inspector of Elections received all the completed ballots?
Yes.
Terrific. Do we have results for the votes?
We do. There are present at this meeting in person or by proxy, 24,429,655 shares of the company's common stock representing 89% of the 27,500,000 shares deemed to be outstanding as of October 23, 2017. Based on this report, all 10 directors have been duly elected. The appointment of Ernst and Young LLP for fiscal year 2018 has been ratified and the advisory vote of the stockholders on executive compensation and the advisory vote to conduct future advisory votes on executive compensation every year have been approved.
Perfect. Since there is no further business, I will adjourn the official portion of the meeting and we'll begin the question and answer period. Does anybody have any questions? There being none, I'd like to thank our stockholders for your continued confidence in our mission. And I'd like to thank AutoZoners across the globe from their commitment to saying, yes, we've got it and living the pledge.
Now let's proceed to deliver another great 2018. Before we go, we need to close in cheer. Jason and Angelie, you all ready?