8X8 (NASDAQ:EGHT) stockholders approved all four proposals presented at the company’s 2026 annual meeting, including the election of eight directors, executive compensation on an advisory basis, the appointment of Grant Thornton LLP as independent auditor, and an expansion of the company’s equity incentive plan.
The virtual meeting had a quorum, according to Chief Legal Officer Laurence Denny, who also served as secretary and inspector of elections. Proxies were received for 113.6 million of the company’s approximately 141.8 million outstanding common shares, representing about 80.09% of shares outstanding.
Board Directors Elected
- Jaswinder Pal Singh
- Monique Bonner
- Andrew Burton
- Todd Ford
- Alison Gleeson
- John Pagliuca
- Elizabeth Theophille
- Samuel Wilson
Executive Pay and Auditor Appointment Approved
Investors also approved, on a non-binding advisory basis, the fiscal 2027 compensation of the company’s named executive officers as described in its proxy statement.
In addition, stockholders ratified the selection of Grant Thornton LLP as 8×8’s independent auditor for the fiscal year ending March 31, 2027. Chris Morgan, a partner at Grant Thornton LLP, joined company representatives and board members at the meeting.
Equity Plan Expansion Authorized
Stockholders approved an amendment to 8×8’s amended and restated 2022 Equity Incentive Plan. The amendment increases the number of common shares available for issuance under the plan by 8,338,000 shares.
No questions related to the proposals were submitted during the meeting, according to Kate Patterson, 8×8’s head of investor relations. The polls closed at 9:07 a.m. Pacific time, and Denny reported that each proposal had been approved.
The company said it will publish a complete vote tally in a Form 8-K filing with the Securities and Exchange Commission within four business days of the meeting date.
About 8X8 (NASDAQ:EGHT)
8×8, Inc (NASDAQ: EGHT) is a global provider of cloud-based enterprise communications, collaboration and contact centre solutions. The company’s unified communications as a service (UCaaS) platform integrates voice, video, chat, SMS and contact-centre capabilities into a single, software-driven solution. By combining real-time analytics, team messaging and interoperability with third-party business applications, 8×8 aims to simplify communications infrastructure for organisations of all sizes.
Founded in 1987 and headquartered in Campbell, California, 8×8 pioneered hosted VoIP services for businesses in the late 1990s and went public on the NASDAQ in 1997.
