Good day, and welcome to the annual meeting of stockholders of DiamondRock Hospitality Company. I would now like to turn the conference over to Bruce D. Wardinski. Please go ahead.
Great. Thank you very much. Good morning, and welcome to the annual meeting of stockholders of DiamondRock Hospitality Company. I am Bruce D. Wardinski, the incoming Chairman of the Board of DiamondRock Hospitality and Chairman of this year's annual meeting. I want to thank you for your interest in our company. I know that all of the nominee directors of our board and all of the officers of the company are present in person. At this time, our annual meeting is called to order. I hereby appoint Anika C. Fischer, our General Counsel and Corporate Secretary, as Inspector and Secretary of the meeting, and she will now begin the business portion by reporting on the mailing of the notice of this meeting to all stockholders. Anika?
In accordance with the bylaws, notice of this meeting was mailed on or before March 16th, 2026 to shareholders of record as of the close of business on 27th February , 2026. The proxy materials for the meeting were also made available at this time. Holders of at least a majority of the shares entitled to vote at this meeting are either present in person or by proxy, and I therefore declare that a quorum is present. There are three items before us. The first item of business is the election of eight directors nominated by the board to serve until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified. The nominees for election are Timothy R. Chi, Jeffrey J. Donnelly, Michael A. Hartmeier, Stephanie D. Lepori, Kathleen A. Merrill, William J. Shaw, Bruce D. Wardinski, Tabassum S. Zalotrawala.
Our board recommended that you vote for each candidate. The second item of business is a vote on a resolution pursuant to which the stockholders of the company approve on a non-binding advisory basis the compensation of the named executive officers as disclosed in the proxy statement. Our board recommended that you vote for this resolution. The third item of business is ratification of the appointment of KPMG to act as the company's independent auditor for the fiscal year ending 31 December , 2026. Representatives of KPMG are present today and will be able to respond to appropriate questions at the end of the meeting. Our board recommended that you vote for this resolution. I will now turn the meeting back to our chairman.
Thank you, Anika. If there are any questions concerning the proposals, please submit your questions through the web portal. Please note that only questions relating to the specific agenda items on which stockholders are entitled to vote may be submitted. The secretary will read aloud questions that are pertinent to the proposal and direct to the appropriate party to answer them.
There are no questions at this time.
Okay. The time for submitting questions is now closed. We will now move to voting. Any stockholder who has not yet voted or wishes to change their vote may do so using the field provided in the web portal. Otherwise, we will assume that all stockholders who have previously submitted their proxy, even though present, intend to vote their shares by proxy. We will now pause for voting. I now declare the polls are closed. Anika, will you report on the voting results?
Yes, Chairman. On item one, to elect the eight nominees as directors for a term of one year, each of the nominees received the affirmative vote of a majority of the votes cast. On item two, a majority of all votes cast were in favor of approving the compensation of the named executive officers as disclosed in the proxy statement. On item three, a majority of all votes cast were in favor of ratifying the appointment of KPMG LLP to act as the company's independent auditor for the fiscal year ending 31 December , 2026. All three motions have passed. Documents regarding the results of the voting are available for inspection and will be filed with the records of the meeting.
We will be reporting the full tally of vote results on a Form 8-K to be filed with the Securities and Exchange Commission within four business days.
Great. There being no further business to come before this meeting, the formal meeting is adjourned at 10:04 A.M. Eastern Time. Jeff Donnelly, our Chief Executive Officer, and the senior management team are available to informally respond to your questions. In addition, we invite you to listen to our quarterly investor call this Friday, 1st May , 2026 at 9:00 A.M. Eastern Time. Thank you.
The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.