Synchrony Financial (NYSE: SYF) investors back board, KPMG and pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Synchrony Financial reported the results of its 2026 Annual Meeting of Stockholders held on June 24, 2026. Stockholders elected all 12 director nominees, each receiving over 287 million votes in favor with relatively small opposition and abstentions, plus 15,567,869 broker non-votes on each director item.
Stockholders also ratified KPMG LLP as the company’s independent registered public accounting firm for 2026, with 305,208,523 votes for, 4,899,874 against and 116,965 abstentions. In addition, the advisory vote to approve named executive officer compensation passed with 273,729,776 votes for, 18,945,741 against, 1,981,976 abstentions and 15,567,869 broker non-votes.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Votes for CEO Brian D. Doubles: 293,609,542 votes
Votes for KPMG LLP ratification: 305,208,523 votes
Votes against KPMG LLP ratification: 4,899,874 votes
+3 more
6 metrics
Votes for CEO Brian D. Doubles
293,609,542 votes
Election of directors at 2026 Annual Meeting
Votes for KPMG LLP ratification
305,208,523 votes
Ratification of 2026 independent registered public accounting firm
Votes against KPMG LLP ratification
4,899,874 votes
Ratification of 2026 independent registered public accounting firm
Say-on-pay votes for
273,729,776 votes
Advisory vote to approve named executive officer compensation
Say-on-pay votes against
18,945,741 votes
Advisory vote to approve named executive officer compensation
Broker non-votes on director items
15,567,869 shares
Each director election and say-on-pay proposal
Key Terms
broker non-votes, independent registered public accounting firm, Advisory Vote to Approve Named Executive Officer Compensation, Annual Meeting of Stockholders
4 terms
broker non-votes financial
"FOR | AGAINST | ABSTAIN | 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
"KPMG LLP as Independent Registered Public Accounting Firm of the Company for 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 Vote to Approve Named Executive Officer Compensation financial
"Advisory Vote to Approve Named Executive Officer Compensation"
Annual Meeting of Stockholders financial
"The 2026 Annual Meeting of Stockholders (the “Annual Meeting”)"
FAQ
What did Synchrony Financial (SYF) stockholders decide at the 2026 Annual Meeting?
Stockholders elected all 12 director nominees, ratified KPMG LLP as independent auditor for 2026, and approved the advisory vote on named executive officer compensation. Each item received strong majority support, with only limited votes against or abstaining on the proposals.
Was KPMG LLP ratified as Synchrony Financial’s 2026 auditor and by what margin?
Yes. Stockholders ratified KPMG LLP as independent registered public accounting firm for 2026 with 305,208,523 votes for, 4,899,874 against and 116,965 abstentions. There were no broker non-votes, showing strong support for continuing the existing external audit relationship.
Were there significant broker non-votes at Synchrony Financial’s 2026 Annual Meeting?
Yes. For the election of each director and the advisory vote on executive compensation, there were 15,567,869 broker non-votes. Broker non-votes occur when brokers lack authority to vote uninstructed shares on non-routine proposals, but these shares still count for quorum purposes.