Hello and welcome to the 2024 First Hawaiian, Inc. Annual Meeting of Stockholders. Please note that this meeting is being recorded. Questions may be submitted via the message icon at the top left of your screen by typing your message, then clicking the send icon to the right of the message box. The meeting is about to begin.
Hello, and good morning, everyone. I am Bob Harrison, Chairman, President, and CEO of First Hawaiian, Inc. It is my pleasure to welcome you and thank you for attending our annual meeting of stockholders. The meeting is now called to order. Each of you should have already received a copy of proxy materials and/or a notice of availability of the proxy materials. Copies of our proxy materials are available online at https://proxy.fhb.com, and a link to our proxy materials is on the left side of your screen on this virtual annual meeting site. The agenda and rules of conduct for today's meeting are available and can be viewed at our virtual meeting site by clicking the documents icon at the upper left of your screen.
Should you have any questions that you would like to ask or comments that you would like to make, or should you have any questions for the company's auditors, you may submit those questions or comments at any time by clicking on the messaging icon at the top of the left side of your screen. Please note that in the interest of all stockholders, we will only address those questions that are relevant to the business of this meeting. The Secretary informs me that there were outstanding on the voting record date and entitled to vote at the annual meeting 127,636,937 shares of common stock. I've received an affidavit from the Secretary that proxy materials and/or notice of availability of proxy materials was mailed on or about March 14, 2024, to each stockholder of record as of the close of business on March 1, 2024.
I therefore declare the annual meeting as a duly called. The Board of Directors previously appointed Marianella Patterson of Equiniti Trust Company, the company's transfer agent, to serve as inspector of election. Marianella has taken an oath to faithfully and impartially perform her duty. At least a majority of the outstanding shares of common stock entitled to vote, represented in person or by proxy, constitutes a quorum at a meeting of stockholders. The Secretary informs me that at least a majority of the outstanding shares of common stock are represented at the meeting in person or by proxy. A quorum therefore is present, and the annual meeting may proceed to transact business. The polls for voting on all matters are now open.
If you have not already voted or would like to vote at the annual meeting, or if you would like to change your vote, you may click on the link entitled Proxy Voting Site on the left side of your screen at any time. Rather than take each proposal separately, I will read all the proposals, then we will entertain questions and have discussion on all the proposals. The first proposal to be considered is the election of nine directors to serve until the 2025 annual meeting of stockholders. The Board of Directors has nominated Michael Fujimoto, Faye Kurren, James Moffatt, Mark Mugiishi, Kelly Thompson, Allen Uyeda, Vanessa Washington, Scott Wo, and myself. Each of the nominees is presently a director of First Hawaiian, Inc. No nominations may be made at this meeting.
Information about the principal occupation of the nominees, our service to First Hawaiian, Inc., First Hawaiian Bank, and other relevant information is contained in our proxy statement. The second proposal is an advisory vote on the compensation of our named executive officers as disclosed in our proxy statement. The third proposal is an advisory vote on the frequency of future votes on the compensation of our named executive officers. The fourth and final proposal is a ratification of the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2024. Chris Mennel, representing Deloitte & Touche, is on the phone today to answer any questions. It is now time for discussion of this proposal as well as the three prior proposals.
In addition, at this time, we will also submit any questions for the Deloitte representatives, and we'll now pause to allow shareholders to submit any questions. We'll continue to pause briefly to allow the stockholders to submit any questions. So we do have a question from a shareholder asking why we have fewer female directors than we've had in the past. It's certainly something we take under consideration. It's very important to have diversity on our board, and we continue to look for qualified candidates for membership of the board. So that's something we will take under advisement and bring it up at our nominating governance committee meeting and work to improve on that ratio in the future. I see no further questions or comments. We'll now vote on the proposals.
Remember that you do not need to vote at this meeting if you have already voted via the internet, by telephone, or by returning your proxy card unless you want to change your vote. Until the polls close, you may revote or change your vote on any matter. However, once the polls are closed, no proxies or votes, nor any ratifications or changes will be accepted. If you've not already voted and would like to vote at the annual meeting, you should click on the link entitled Proxy Voting Site on the left side of your screen. The polls will close in one minute. Please submit your votes at this time. We'll continue in one minute. We'll continue to pause briefly to give stockholders time to vote. The polls are now closed.
The Secretary has provided a preliminary report that shows that Michael Fujimoto, Faye Kurren, James Moffatt, Mark Mugiishi, Kelly Thompson, Allen Uyeda, Vanessa Washington, Scott Wo, and I have been elected as directors to serve until the 2025 annual meeting of stockholders. In addition, the preliminary report shows that a majority of stockholders have voted on an advisory basis in favor of the compensation of our named executive officers, as disclosed in the proxy statement. A majority of the stockholders have voted to hold an advisory vote on the compensation of our named executive officers every year, and the proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2024, has been approved. I'd like to thank everybody for attending. The meeting is adjourned.