Good morning and welcome to the 2020 Annual Shareholders Meeting of Schneider National Inc. I would now like to turn the conference over to Adam Godfrey, Chairman of the Board of Directors of Schneider.
Thank you. This is Adam Godfrey. I'm Chairman of the Board of Directors of Schneider, and it's my pleasure to welcome all of you to the Schneider National 2020 Annual Meeting of Shareholders. We're excited to host today's meeting through this virtual online platform, which allows us to open access and participation in the meeting to all shareholders and employees around the world. While the meeting is virtual only, we welcome questions from our shareholders. We will conduct our annual meeting first and, upon adjournment, immediately convene a shareholder assembly during which there will be a question-and-answer session where shareholders will be given the opportunity to ask a question or make a short statement either online or over the phone. Please remember that you may vote your shares online at any time during this meeting prior to the closing of the polls.
It is now shortly after 10:00 A.M. Central Time on April 27th, 2020, and this meeting is officially called to order. The polls are open. Shareholders who have not yet voted should do so now as the polls will be closing shortly. Voting instructions can be found in your proxy cards that accompanied your proxy materials. Before we turn to the business of the meeting, I'd like to briefly recognize the other members of Schneider's Board of Directors who are in attendance. Their bios can be found on pages 19 through 23 of the proxy statement. Mark Rourke is Schneider's President and Chief Executive Officer and has served as one of our directors since 2019. Mary DePrey has served as one of our directors since 2018. Jim Giertz has served as one of our directors since 2017. Jim is also Chairman of our Audit Committee.
Bob Grubbs has served as one of our directors since 2012. Bob is also Chairman of our Compensation Committee. Dan Sullivan has served as one of our directors since 2009. John Swainson has served as one of our directors since 2019, and James Welch has served as one of our directors since 2018. Two of our current directors, Norman Johnson and Kathleen Zimmerman , are not standing for reelection this year, and their insights and counsel will be missed. As their replacements, as indicated in the proxy statement, the board has nominated Robert Knight and Paul Schneider for election to the board. I'd like to thank all of our board members for their dedication and their willingness to serve. I also acknowledge the members of Schneider's Executive Leadership Team who are in attendance, but in the interest of time, I will not introduce the team.
Before we move to the formal business items, I will, however, introduce Thom Jackson, our Executive Vice President, General Counsel, and Corporate Secretary, who will be acting as Secretary for today's meeting. Thom, can you report on whether a quorum is present for the conduct of business?
Thanks, Adam. Broadridge Financial Solutions, our inspector of elections for today's meeting, reports that shares of common stock representing more than 98% of the votes eligible to be cast at this meeting are present or represented by proxy. Therefore, a quorum is present and the meeting may proceed.
Thanks, Thom. The meeting will now consider the three business items as described in our proxy statement. We will present each of the business items one at a time. If you have not already voted online, please do so at this time. I will close the polls following the presentation of business items. Proposal one is the election of 10 directors, each to serve until 2021 Annual Meeting of Shareholders and until the successors are duly elected and qualified. The 10 director nominees are listed in the proxy statement. As indicated in the proxy statement, the Board of Directors recommends that the shareholders elect the director nominees. Proposal two is the ratification of the appointment of Deloitte & Touche, LLP, to serve as our independent registered public accounting firm for our 2020 fiscal year.
As indicated in the proxy statement, the Board of Directors recommends that the shareholders vote in favor of this proposal. Proposal three is an advisory vote on the compensation of our named executive officers as disclosed in the proxy statement. As indicated in the proxy statement, the Board of Directors recommends that the shareholders vote in favor of this proposal. There being no further business to come before the meeting, I declare the polls for the 2020 Annual Shareholders Meeting of Schneider National Inc. have closed. The inspector of election has filed a certification of our preliminary results of the voting. So, Tom, would you please read those results?
The preliminary results, based on the voting of shares represented by valid proxies on file and tabulated at the meeting this morning, show that each of the 10 nominees for election to the board have been elected as directors to serve a one-year term expiring at next year's annual meeting. Each director nominee received at least 96% of the votes present at today's meeting. With regard to proposal number two, the appointment of Deloitte & Touche as our independent registered accounting firm for the company for 2020 has been ratified having received a favorable vote of more than 98% of the votes present at today's meeting. Lastly, the advisory approval of executive compensation of the named executive officers has passed having received a favorable vote of more than 97% of the votes present at today's meeting. Mr. Chairman, that concludes the report of preliminary voting.
Details of the final results will be available for our shareholders in our filings with the SEC within four business days.
Thank you, Tom. That completes the business scheduled for today. I'll now turn the meeting over to Mark Rourke, Schneider's CEO and President, to take any shareholder questions.
Thank you, Adam, and good morning, everyone. If you have a question, you can submit it through the online portal in the area on your screen designated for questions. We will try to answer as many questions as time allows. In case we're unable to answer all the questions submitted due to time constraints, we will post answers to those questions on our website within 72 hours. Out of consideration for others, please limit yourself to one question. Steve Bindas, our Director of Investor Relations, will read any questions received. Steve, do we have any questions?
No questions have been submitted.
All right.
It appears that there are no questions, so I want to thank all of you for your participation. The 2020 Annual Meeting of Shareholders of Schneider National is now adjourned. Thank you all for attending. Operator, you may end the call.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.