I'd like to welcome you to the JELD-WEN Holding, Inc.'s 2026 Annual Meeting of Stockholders. My name is David Nord, and I am Chair of the Board of Directors. We're hosting the annual meeting in a virtual format to increase accessibility for all of our stockholders. Joining me today are our board of directors. In addition, we also have members of the company's executive leadership team with us, including Samantha Stoddard, the company's Executive Vice President and Chief Financial Officer, along with the PwC Lead Engagement Audit Partner, Daniel Swigut. After adjournment of the meeting, we will be glad to answer any questions you may have about JELD-WEN. An agenda that outlines the order of business for the meeting and rules of conduct are available on the virtual meeting platform. To conduct an orderly meeting, we ask that participants abide by these rules.
If you wish to ask a question regarding any of the proposals, please submit your question through the virtual meeting platform, and we will address it after our prepared remarks. You may vote on the matters to be presented through the virtual meeting platform when the polls open. Jas Hayes, our Executive Vice President, General Counsel, and Corporate Secretary, will serve as Secretary of the meeting and record the proceedings. He has received an affidavit from Broadridge Financial Solutions as to the mailing of the notice of the meeting, which states that on or about March 12th, 2026, notice of the meeting and notice of Internet availability of proxy materials was mailed to all stockholders of record as of the close of business on February 23rd, 2026, which is the record date for this meeting. This affidavit will be filed with the minutes of this meeting.
John Mirva of American Election Services was appointed as Inspector of Election for the meeting. He has signed an oath to act as inspector, and this oath will be filed with the minutes of this meeting. Please note that a list of stockholders as of the record date is available on the virtual meeting platform, and it will be filed with the minutes of the meeting. Mr. Hayes has advised that a quorum is present at the meeting, so I declare the meeting duly and lawfully convened. We will go through each item of business and then open the polls for voting. The first item of business is the election of 10 directors to our board.
As reflected in our proxy statement, the candidates who have been nominated to serve until the 2027 annual meeting of stockholders are William Christensen, Antonella Franzen, Catherine Halligan, Michael Hilton, Tracey Joubert, Cynthia Marshall, David Nord, Bruce Taten, Roderick Wendt, and Steven Wynne. In accordance with the bylaws of the company, stockholders are required to provide advance notice of their intent to nominate candidates for directors. No such notice was received. Therefore, I declare the nominations for directors closed. The board recommends that you vote for each of our 10 director nominees. The second item of business is to approve the compensation of the company's named executive officers. This proposal is a non-binding advisory vote. The company's executive compensation is discussed in the compensation discussion and analysis section of the proxy statement.
The board recommends that you vote for, on a non-binding, advisory basis, the compensation of our named executive officers. The third item of business is to ratify the appointment of PwC as the company's independent auditor for 2026. The board recommends that you vote for the ratification of PwC as the company's independent auditor for 2026. The fourth item of business is to approve the 2026 Omnibus Equity Plan. The board recommends that you vote for the 2026 Omnibus Equity Plan. I now declare the polls open to vote on the four proposals before the meeting. Any stockholders desiring to vote during the virtual meeting should do so at this time. Please note that there is no need for you to vote again if you have already returned your proxy and do not wish to change your vote. I now declare the polls closed on these proposals.
The preliminary tabulation report indicates that all four proposals have been approved by the required votes cast. The final voting results will be reported by the company on a Form 8-K to be filed with the U.S. Securities and Exchange Commission within four business days of this meeting. I hereby request that the final report of the Inspector of Election be filed with the minutes of this meeting. This completes the formal business to be conducted at this meeting. If there is no further business to come before the meeting, the meeting is now adjourned. We will now turn to questions. Please remember that only stockholders are permitted to submit questions. Afterwards, we will receive a brief business update from Bill Christensen.
Thank you, Dave, and good morning, everyone. This is Bill Christensen, CEO of JELD-WEN. I would now like to provide a brief business update. JELD-WEN is focused on delivering reliability, quality, and performance customers can count on. In a challenging market environment, operational excellence remains our daily priority as we work to improve execution, rebuild trust through action, and deliver a more consistent experience for our customers and partners. Amid persistent headwinds and price cost pressures, we advanced strategic efforts to strengthen the company, taking decisive actions to optimize our operating footprint, realign production, rebalance workforce levels, and improve cost discipline while maintaining focus on safety, quality, and delivery.
As we move forward, we remain focused on executing with discipline through uncertainty, accelerating operational improvements, assessing a range of options for our Europe business through a strategic review, and taking targeted cost actions to ensure we are well-positioned to strengthen performance, better serve our customers, and build a more resilient foundation for the future. Our values-based culture continues to guide our actions with an emphasis on safety, urgency, accountability, and continuous improvement as we strengthen relationships and drive ownership across the organization. As always, we remain committed to building a more resilient and sustainable future for our employees, communities, and the environment while creating durable, long-term value for shareholders. On behalf of the other directors, senior leadership team, and associates of JELD-WEN, I would like to thank you for joining us today. We appreciate your continued support of JELD-WEN.
This now concludes the meeting. Thank you for joining, and have a pleasant day.