Afternoon, and welcome to the BOK Financial 2019 Annual Meeting of Shareholders. I will now turn the meeting over to George Kiser, Chairman of BOK Financial Corporation. Please go ahead, Mr. Kiser.
Thank you for joining us at the 20 19 Annual Meeting of the Shareholders of BOK Financial. I'm George Kiser, Chairman of BOK Financial. At this time, I'll call the meeting to order. This shareholder meeting is taking place solely on the Internet via webcast. The webcast incorporates shareholder validation capabilities, which means that any shareholder can vote in real time during the meeting until we announce that the polls are closed.
And any shareholder may submit a question through the online portal while the meeting is in progress. All shareholders received a 12 digit control number with their proxy. If you entered the shareholder meeting using the control number, you can vote online until the time the polls close. The polls to vote online are now open. Tamara Wagman from the law firm of Frederick Doubert Lawyers will serve as Inspector of Elections for today's Annual Meeting.
Ms. Wagman, is there a quorum present?
Mr. Chairman, a quorum is present.
Thank you, Tamara. I'll now introduce Steve Bradshaw, President and Chief Executive of the corporation.
Good afternoon, everyone. This is Steve Bradshaw. Thank you for joining us. I'd also like to introduce Steven Nell, our Chief Financial Officer. We're also joined by Frederick Goert and Tamara R.
Wagman from Frederick Goert Lawyers, who serve as our Corporate Secretary and Assistant Corporate Secretary, respectively. We're also joined by representatives from Ernst and Young, our independent auditors, who are available to respond to your questions. We're also joined by a number of our Board of Directors.
We have 3 formal items of business today. 1st, to fix the number of Directors to be elected at 23 and to elect 23 persons as Directors for a term of 1 year or until their successors have been elected and qualified. 2nd, to ratify Ernst and Young LLP as the company's independent auditor for the fiscal year ending December 31, 2019. And third, to consider an advisory vote to approve the compensation of the named executive officers. If you have questions on these formal items of business, please enter them now on the Ask a Question section of the Annual Meeting portal.
We will pause a moment to allow you to enter your questions. Mr. McAllister, are there any questions? There are no questions. Okay.
Thank you. Any shareholders participating in this meeting should vote their shares now if they have not already voted by proxy. If you wish to rescind your proxy and vote on your own behalf, you may now do so through the online portal. We will pause a moment to allow shareholders to vote and to compile the outcome of the elections. The polls will be closed momentarily.
Thank you. The polls are now officially closed. Will the Inspector of Elections please present the results of the vote?
Mr. Chairman, as Inspector of the Elections, I reviewed the proxies received prior to the meeting and the votes received during the meeting. Based on the preliminary count of proxies and ballots, each of the 23 director nominees has been elected to the Board of Directors. 2nd, the appointment of Ernst and Young as independent auditors of the company for fiscal year ending December 31, 2019 has been ratified and third, the approval on an advisory basis of the compensation of named executive officers as disclosed in the company's proxy statement has been ratified.
Thank you. That concludes the formal portion of the 2019 annual meeting of shareholders of BOK Financial Corporation. Steve Bradshaw, our CEO, will now conduct a question and answer session. Steve?
Thank you, George. We will now take any questions you may have regarding our business or our financial results. If you have a question, you may submit it through the Ask a Question button on your Annual Meeting portal. We will pause a moment to compile the Q and A queue.
We have no further questions at this time. Okay. Since there are no further questions, I'll ask for a motion for adjournment. I move that
the meeting be adjourned. I have a second.
Second. All in favor? Aye. Opposed? Thank you.
The 2019 Annual Meeting of Shareholders is now adjourned. We thank you for attending and welcome your comments and suggestions throughout the year.