QXO stockholders approve directors and compensation
QXO, Inc. reported the results of its May 5, 2026 Annual Meeting of Stockholders.
Rhea-AI Filing Summary
QXO, Inc. reported the results of its May 5, 2026 Annual Meeting of Stockholders. Stockholders elected seven directors to serve until the 2027 annual meeting, with each nominee receiving substantial support. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the 2026 fiscal year.
In a non-binding advisory vote, stockholders approved the executive compensation program for the company’s named executive officers as presented in the 2026 proxy statement. The voting results across all three proposals showed large majorities in favor, with significant broker non-votes recorded only on the non-routine items.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
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
Votes for Brad Jacobs: 697,420,464 votes
Votes for auditor ratification: 769,798,979 votes for
Votes against auditor ratification: 1,195,792 votes against
+3 more
6 metrics
Votes for Brad Jacobs
697,420,464 votes
Director election at 2026 annual meeting
Votes for auditor ratification
769,798,979 votes for
Ratification of Deloitte & Touche LLP for 2026
Votes against auditor ratification
1,195,792 votes against
Deloitte & Touche LLP ratification proposal
Executive pay votes for
685,011,490 votes
Non-binding advisory vote on executive compensation
Executive pay votes against
17,106,083 votes
Non-binding advisory vote on executive compensation
Broker non-votes on Proposal 3
68,471,492 shares
Executive compensation advisory vote
Key Terms
broker non-votes, independent registered public accounting firm, non-binding, advisory basis, Annual Meeting of Stockholders
4 terms
broker non-votes financial
"The final votes with respect to each director nominee were ... | Broker Non-Votes"
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
"ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm"
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.
non-binding, advisory basis financial
"approved the executive compensation for the Company’s named executive officers ... on a non-binding, advisory basis"
A non-binding, advisory basis means a recommendation or decision that carries no legal force and does not obligate the parties to act; it’s similar to a friendly suggestion rather than a signed promise. For investors, this matters because such guidance can influence market expectations and management plans but offers no guarantee of follow-through, so investors should treat it as informative input rather than a firm commitment.
Annual Meeting of Stockholders financial
"On May 5, 2026, QXO, Inc. held its Annual Meeting of Stockholders"
FAQ
What did QXO (QXO) stockholders decide at the 2026 annual meeting?
QXO stockholders elected seven directors, ratified Deloitte & Touche LLP as independent auditor for 2026, and approved executive compensation on a non-binding advisory basis. All three proposals received strong majority support based on the reported vote totals and broker non-votes.
How did QXO (QXO) stockholders vote on the board of directors in 2026?
Stockholders elected seven directors to serve until the 2027 annual meeting or until successors are elected and qualified. Each nominee, including Brad Jacobs and others, received many hundreds of millions of votes in favor, with relatively small numbers of votes against or abstaining.
Which auditor did QXO (QXO) stockholders ratify for the 2026 fiscal year?
Stockholders ratified Deloitte & Touche LLP as QXO’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The proposal received 769,798,979 votes for, 1,195,792 against, 242,813 abstentions, and no broker non-votes, indicating broad stockholder support.
Was QXO (QXO) executive compensation approved by stockholders in 2026?
Yes. On a non-binding, advisory basis, stockholders approved executive compensation for named executive officers as presented in the 2026 proxy statement. The proposal received 685,011,490 votes for, 17,106,083 against, 648,519 abstentions, and 68,471,492 broker non-votes at the annual meeting.
How much opposition was there to QXO (QXO) director Brad Jacobs at the 2026 meeting?
Director nominee Brad Jacobs received 697,420,464 votes for, 5,134,231 votes against, and 211,397 abstentions, along with 68,471,492 broker non-votes. These results show substantially more votes in favor than against his election to the board for the term ending at the 2027 annual meeting.
What are broker non-votes in QXO (QXO) 2026 voting results?
Broker non-votes represent shares held by brokers that were not voted on certain non-routine proposals. For QXO’s 2026 meeting, broker non-votes totaled 68,471,492 shares on the director elections and executive compensation proposal, while there were no broker non-votes on the auditor ratification.
AI-generated analysis. How Rhea-AI works. Not financial advice.
