Corporate GovernanceMay 18, 2026, 04:17 PM
Nelnet Shareholders Elect Directors, Approve Comp Plan & Auditor
AI Summary
Nelnet, Inc. held its 2026 annual meeting of shareholders on May 14, 2026, where shareholders voted on several key proposals. Shareholders elected three Class III directors to serve until the 2029 annual meeting. They also ratified the appointment of KPMG LLP as the independent registered public accounting firm for 2026. Additionally, amendments to the Directors Stock Compensation Plan were approved, allowing Nelnet Bank Inc. directors to participate, and an advisory vote on executive compensation was passed.
Key Highlights
- Shareholders elected three Class III directors to serve until the 2029 annual meeting.
- Kathleen A. Farrell received 119,552,837 votes for election as director.
- David S. Graff received 123,079,587 votes for election as director.
- Thomas E. Henning received 123,276,581 votes for election as director.
- Appointment of KPMG LLP as independent auditor for 2026 was ratified with 125,269,425 votes.
- Amendments to the Directors Stock Compensation Plan were approved with 123,605,335 votes.
- Advisory vote on executive compensation was approved with 123,485,112 votes.
Price Impact
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