Fastly (NYSE: FSLY) installs new principal accounting officer and reports 2026 shareholder vote results
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Fastly, Inc. appointed Jeffrey Ford as principal accounting officer effective June 3, 2026, while he continues serving as Chief Accounting Officer and Richard Wong remains Chief Financial Officer. Ford is not designated as an executive officer and brings senior accounting experience from LivePerson, Stripe, CrowdStrike, and KPMG.
Fastly also held its 2026 Annual Meeting of Stockholders, where three directors—Aida Álvarez, Charles Compton, and Richard Daniels—were re-elected to terms ending at the 2029 annual meeting. Stockholders ratified KPMG LLP as independent auditor for 2026 and approved, on an advisory basis, compensation for Fastly’s named executive officers.
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 5.07
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
PAO effective date: June 3, 2026
Votes for KPMG ratification: 126,612,112 votes
Votes for executive compensation: 83,845,193 votes
+4 more
7 metrics
PAO effective date
June 3, 2026
Jeffrey Ford appointed principal accounting officer
Votes for KPMG ratification
126,612,112 votes
Ratification of KPMG as auditor for fiscal year ending December 31, 2026
Votes for executive compensation
83,845,193 votes
Advisory approval of named executive officer compensation
Votes against executive compensation
15,149,405 votes
Advisory vote on executive compensation
Votes for Charles Compton
97,724,476 votes
Election as director until 2029 Annual Meeting
Votes for Aida Álvarez
64,546,213 votes
Election as director until 2029 Annual Meeting
Votes for Richard Daniels
93,859,972 votes
Election as director until 2029 Annual Meeting
Key Terms
principal accounting officer, broker non-votes, independent registered public accounting firm, advisory basis, +1 more
5 terms
principal accounting officer financial
"Fastly appointed Jeffrey Ford as principal accounting officer of Fastly, effective as of June 3, 2026"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
broker non-votes financial
"Broker non-votes are also reported"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratification of the selection of KPMG LLP as Fastly’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory basis financial
"approval, on an advisory basis, of the compensation of Fastly’s named executive officers"
Annual Meeting of Stockholders financial
"Fastly held its 2026 Annual Meeting of Stockholders"
FAQ
What leadership change did Fastly (FSLY) report in this 8-K?
Fastly appointed Jeffrey Ford as its principal accounting officer effective June 3, 2026. He will continue as Chief Accounting Officer, while Richard Wong remains Chief Financial Officer and ceases serving as principal accounting officer.
Is Fastly’s new principal accounting officer an executive officer of the company?
Fastly states that Jeffrey Ford, its new principal accounting officer, will not be an executive officer. He holds the roles of principal accounting officer and Chief Accounting Officer, reporting experience from LivePerson, Stripe, CrowdStrike, and KPMG.
Which directors were elected at Fastly’s 2026 Annual Meeting?
Stockholders elected three directors: Aida Álvarez, Charles Compton, and Richard Daniels. Each will serve until Fastly’s 2029 Annual Meeting of Stockholders and until a successor is elected and qualified or earlier death, resignation, or removal.
How did Fastly stockholders vote on ratifying KPMG as auditor for 2026?
Stockholders strongly ratified KPMG LLP as Fastly’s independent registered public accounting firm for 2026, with 126,612,112 votes for, 150,211 against, and 47,752 abstentions according to the reported tabulation of votes.
Did Fastly stockholders approve executive compensation at the 2026 meeting?
Yes. On an advisory basis, stockholders approved the compensation of Fastly’s named executive officers, with 83,845,193 votes for, 15,149,405 against, 118,279 abstentions, and 27,697,198 broker non-votes as disclosed in the voting results.
What were the vote totals for Fastly director Aida Álvarez at the 2026 meeting?
For director Aida Álvarez, Fastly reports 64,546,213 votes for, 34,566,664 votes withheld, and 27,697,198 broker non-votes. Despite the withhold votes, she was elected to serve until the 2029 Annual Meeting of Stockholders.