Everyone, the meeting will now come to order. Thank you all for participating in the 2026 annual meeting of stockholders of Frontdoor, Inc. I am Bill Cobb, Chairman and CEO of Frontdoor, and in accordance with our bylaws, I will preside over this meeting as Chairman. We are pleased to hold our 2026 annual meeting virtually by audio webcast to reach the broadest number of stockholders possible while reducing environmental impacts and costs associated with holding an in-person meeting. We have posted the agenda for today's meeting on the webcast site. This virtual meeting is intended to provide the same rights and advantages of an in-person meeting, including providing our stockholders with the opportunity for meaningful engagement with the company. Stockholders can submit questions and vote online during this meeting.
Please review the rules of procedure in the Meeting Materials section of this webcast for instructions on how to submit a question or vote your shares at this meeting. We ask that you limit yourself to one question per stockholder and restrict your remarks to the proposals that are before us today. Thank you in advance for your cooperation with these rules. We will start today's meeting by considering the proposals that were described in our proxy statement. Following the presentation of the proposals, you will be provided with an opportunity to ask questions with respect to the proposals. It would be helpful if you would hold all business-related questions for the question and answer period at the end of the meeting. Before we get to the proposals, I would like to take this opportunity to introduce the other directors of Frontdoor who are also participating in today's meeting.
Steve Boland, Anna C. Catalano, Peter L. Cella, Christopher L. Clipper, Dennis Howard, Brian P. McAndrews, Liane J. Pelletier. I would also like to introduce other executive officers who are participating today. Jason Bailey, Senior Vice President and Chief Financial Officer. Jeffrey Fiarman, Senior Vice President and Chief Legal Officer. In addition, I am pleased to welcome representatives from our independent registered public accounting firm, Deloitte & Touche LLP, John West, Adam Siegel, and Tori Corbett.
Finally, I'd like to welcome Peter Descovich, who has been appointed by the board of directors and has taken an oath to act as our independent inspector of election. I request that Mr. Descovich file his oath of office with the Secretary of the meeting for inclusion in the minutes of this meeting. I will now turn the meeting over to Scott Andresen, Vice President and Secretary of Frontdoor, who will conduct the formal part of our meeting.
At the end of the meeting, I will be available to answer any business-related questions that have been submitted from stockholders. Scott?
Thank you, William Cobb. Good morning, everyone, and welcome again to Frontdoor's 2026 annual meeting of stockholders. We have three proposals to be voted upon today. Before we proceed, we need to confirm that we have a quorum for this meeting. We've received an affidavit from Broadridge Financial Solutions certifying that the notice of the annual meeting and internet availability of proxy materials was sent commencing on March 30, 2026, to all stockholders of record as of March 23, 2026. This affidavit will be included in the minutes of the meeting. As William Cobb mentioned, we have Mr. Descovich participating in the meeting as the independent inspector of election. Mr. Descovich has furnished us with a count of the number of shares present at this meeting in person or represented by proxy.
There are present at this meeting in person or through representation by proxy 66,545,929 shares of common stock of the company out of a total of 70,126,602 shares of common stock eligible to vote or 94.89% of the total shares eligible to vote. As such shares constitute a majority of the shares entitled to vote at the meeting, I hereby declare that quorum is met and this meeting is now duly convened. If you previously voted by proxy, you do not need to vote today.
If there are any stockholders present who either have not submitted a proxy and wish to vote today, or who have submitted a proxy but wish to change their vote or revoke their proxy, please refer to the rules of procedure in the Meeting Materials section of the webcast site for instructions. We'll tabulate these votes after the polls are closed and will include them in the final tabulation of the votes. As indicated in the notice of the annual meeting and the proxy statement that were made available to all stockholders, we're here to consider three proposals. I'll now go through each proposal on the ballot, after which you'll be provided with an opportunity to ask questions with respect to the proposals. At the conclusion of the presentation of the proposals, we'll tabulate the ballots and proceed to vote on each item.
The first proposal is the election of eight directors to serve until the annual meeting of stockholders in 2027 and until his or her successor is duly elected and qualified, or until his or her earlier death, resignation, retirement, disqualification, or removal from office. The board of directors recommends the election of the following persons as directors of the company: William Cobb, Steve Boland, Anna Catalano, Peter L. Cella, Christopher L. Clipper, Dennis Howard, Brian P. McAndrews, and Liane J. Pelletier. Because there were no stockholder nominations received by the company in advance of this annual meeting, in accordance with the advance notice provisions of the company's bylaws, I declare the nominations for directors is closed. The second proposal is the ratification of the selection of Deloitte & Touche, LLP as the company's independent registered public accounting firm for fiscal 2026.
The board of directors recommends that stockholders vote in favor of this proposal. The third proposal is an advisory, non-binding vote to approve named executive officer compensation. The board of directors recommends that stockholders vote in favor of this proposal. If you have any questions relating to any of the proposals, please submit them now. Because there are no questions on the proposals and no further business to come before this meeting, we'll now move on to voting on the proposals. The time is 10:08 A.M. Central Time this May 13, 2026, and polls are about to close for each matter to be voted on today. If you have not yet voted, please do so now. Since all stockholders have had the opportunity to vote, the polls are now closed at 10:09 A.M. Central Time this May 13, 2026.
The ballots and proxies will be held in the possession of the Inspector of Election. The Inspector of Election will now count the votes and provide me with the preliminary results. The Inspector of Election has counted and tabulated the proxies and ballots. Based on the inspector's report, I hereby declare, 1, that the election of William Cobb, Steve Boland, Anna C. Catalano, Peter L. Cella, Christopher L. Clipper, Dennis Howard, Brian P. McAndrews, and Liane J. Pelletier as directors of the company to serve until the 2027 annual meeting of stockholders and until his or her successor is duly elected and qualified, or until his or her earlier death, resignation, retirement, disqualification, or removal from office has been approved. 2, that the selection of Deloitte & Touche LLP as the company's independent registered public accounting firm for fiscal 2026 has been ratified.
3, that the company's named executive officer compensation has been approved. The inspector's report of the vote of the matters considered at today's meeting will be incorporated into the minutes of this meeting. Frontdoor will also report the final voting results of this meeting on a Form 8-K, which will be filed with the Securities and Exchange Commission in the next few days. This concludes the formal portion of this meeting, and I'd now like to turn the meeting back over to Bill. Bill?
Thank you, Scott. I hereby declare the formal portion of the meeting adjourned at 10:10 A.M. Central Time, this May 13th, 2026. I will now open the floor to business-related questions that have been submitted by our stockholders. Scott, I ask that you read any questions submitted by our stockholders.
William Cobb, there are no business-related questions that have been submitted by stockholders to be answered at the meeting.
Thank you, Scott. There being no further questions, the meeting is now concluded. Again, thank you for your time today and for your interest in Frontdoor. We look forward to your participation at next year's annual stockholders meeting.
This concludes today's meeting. You may now disconnect.