At the Annual Meeting on April 29, 2026, Cullen/Frost Bankers shareholders elected 14 directors, approved executive compensation, and ratified Ernst & Young LLP as auditors.
Key takeaways
All fourteen director nominees were elected to the Board for one-year terms expiring at the 2027 Annual Meeting.
Shareholders approved the nonbinding proposal on executive compensation with approximately 50.9 million votes in favor.
The selection of Ernst & Young LLP as independent auditors for the fiscal year 2026 was ratified with 57.7 million votes.
Director nominee Charles W. Matthews received the highest opposition with 1.87 million votes against.
Broker non-votes totaled 6.45 million for the director election and compensation proposals.