Great job, thank you, Jason and Angela. Does anybody have an Extra Miler story?
That would be me, Bill. Good morning, everybody.
It just so happened to, huh?
Right here. Hold on. There it is. Out of the Portland region, this message is regarding Donovan at your McLoughlin branch. This guy is just plain awesome. As I was stuck in your parking lot with an ignition issue this morning, there were many customers. When there was a lull in customers, he 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 three 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 returned to AutoZone.
Thank you, Gary Miltimore.
Awesome.
Thanks, Gary, for that great story. To begin the business of our annual meeting, I'll first ask Kristen Wright to report on the giving of notice of this meeting to our stockholders and the presence of a quorum.
Mr. John Ruocco 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 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, to please stand and be recognized. Thank you all for your terrific leadership. Let's proceed with our first order of business. I'd like to point out that stockholders do not 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 Gove informed the board of her decision not to stand for re-election 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 and Corporate Governance Committee for re-election 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, Enderson Guimaraes, Sid Hyde, Bryan Jordan, Andrew McKenna, George Mrkonic, Lou Nieto, and myself. The board of directors unanimously recommends that stockholders vote for each of these nominees. Thank you all.
Give them a big round of applause. The polls are now open for voting. The second order of business is the ratification of the appointment of Ernst & 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 & Young as our independent accountants. The third 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 fourth 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 a vote to conduct future advisory votes on executive compensation every year.
For those stockholders voting at the meeting, please finish marking your ballots 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. Kristen, has the Inspector of Elections received all the completed ballots?
Yes.
Terrific. Do we have results of 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 27.5 million 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 & 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's 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 for their commitment to saying, "Yes, we've got it" and living the pledge. Let's proceed to deliver another great 2018. Before we go, we need a closing cheer. Jason and Angela, you all ready?