Commerce Bancshares elected four directors, ratified KPMG LLP as auditor, approved executive compensation, and authorized the repurchase of up to 7.5 million shares of common stock.
Key takeaways
Shareholders elected four directors to the 2029 Class with strong support, confirming board stability.
KPMG LLP was ratified as the independent registered public accounting firm for 2026 with 123.8 million votes in favor.
The 'Say on Pay' proposal passed with 92.6 million votes for, indicating shareholder approval of executive compensation.
The Board authorized a share repurchase program for up to 7,500,000 shares, combining with prior authorization.
Steven A. Brandjord was appointed Corporate Controller and Chief Accounting Officer, effective May 15, 2026.