Frontdoor (NASDAQ:FTDR) stockholders approved all three proposals presented at the company’s 2026 annual meeting of stockholders, including the election of eight directors, ratification of the company’s independent auditor and approval of named executive officer compensation on an advisory basis.
The virtual meeting was held by audio webcast on May 13, 2026, and was presided over by Bill Cobb, Frontdoor’s chairman and chief executive officer. Cobb said the company held the meeting virtually “to reach the broadest number of stockholders possible while reducing environmental impacts and costs associated with holding an in-person meeting.”
Quorum Established With Nearly 95% of Eligible Shares Represented
Andresen reported that 66,545,929 shares of common stock were present in person or represented by proxy, out of 70,126,602 shares eligible to vote. That represented 94.89% of eligible shares, satisfying the quorum requirement.
Eight Directors Elected
Stockholders approved the election of eight directors to serve until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified, or until an earlier departure from office.
The elected directors are:
- William Cobb
- Steve Boland
- Anna Catalano
- Peter Cella
- Christopher Clipper
- Dennis Howard
- Brian McAndrews
- Liane Pelletier
Andresen said no stockholder nominations had been received in advance of the meeting under the company’s bylaws, and the nominations for directors were closed.
Auditor Ratified and Executive Pay Approved
Stockholders also ratified the selection of Deloitte & Touche LLP as Frontdoor’s independent registered public accounting firm for fiscal 2026. Representatives from Deloitte & Touche LLP who participated in the meeting included John West, Adam Siegel and Tori Corbett, according to Cobb.
In addition, stockholders approved, on an advisory and non-binding basis, the compensation of the company’s named executive officers. The board of directors had recommended that stockholders vote in favor of each of the three proposals.
Peter Descovich served as the independent inspector of election for the meeting. Andresen said the inspector’s report of the votes would be incorporated into the minutes of the meeting, and that Frontdoor would report the final voting results on a Form 8-K to be filed with the Securities and Exchange Commission in the following days.
No Stockholder Questions Submitted
After the formal portion of the meeting concluded, Cobb opened the floor for business-related questions submitted by stockholders. Andresen said no business-related questions had been submitted to be answered at the meeting.
Cobb then concluded the meeting, thanking stockholders for their time and interest in Frontdoor and saying the company looked forward to participation at next year’s annual stockholders meeting.
About Frontdoor (NASDAQ:FTDR)
Frontdoor, Inc (NASDAQ:FTDR) is a leading provider of home service plans and repair solutions for residential property owners. The company offers contract-based coverage that helps homeowners manage the cost of repairing and replacing essential household systems and appliances, including heating and cooling, plumbing, electrical wiring, water heaters, washers, dryers, refrigerators and other major kitchen equipment.
Frontdoor delivers its services through a nationwide network of independent service professionals and contractors, leveraging a cloud-based platform and call center infrastructure to coordinate service visits and process claims.
