8-KAccepted Sep 15, 4:52 PM ET
Deckers Outdoor Corporation Reports 2026 Annual Meeting Voting Results
Accepted (ET)
4:52 PM
Sep 15, 2026
Filed
Sep 15, 2026
Documents
11
Size
158.7 KB
Summary
Deckers Outdoor Corporation Reports 2026 Annual Meeting Voting Results
What Happened
Deckers Outdoor Corporation announced the voting results from its virtual 2026 Annual Meeting held September 14, 2026. Stockholders elected ten Board nominees to serve until the 2027 annual meeting, ratified KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2027, and approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers. There were 136,227,720 shares outstanding as of the July 16, 2026 record date, and 118,939,675 shares (about 87% of outstanding shares) were present or represented by proxy.
Key Details
- Ten director nominees elected to serve until the 2027 annual meeting: Cynthia (Cindy) L. Davis; David A. Burwick; Stefano Caroti; Nelson C. Chan; Juan R. Figuereo; Patrick J. Grismer; Maha S. Ibrahim; Victor Luis; Lauri M. Shanahan; and Bonita C. Stewart. Votes cast for each nominee totaled 109,917,508 shares (excluding broker non-votes of 9,022,167).
- Notable vote splits: Lauri M. Shanahan received 94,441,785 votes for and 15,390,905 against (≈86% for, ≈14% against of votes cast); Nelson C. Chan received 104,022,080 for and 5,811,521 against.
- Ratification of auditor: KPMG LLP was ratified for fiscal 2027 with 107,718,139 for, 11,146,037 against, and 75,499 abstentions (≈90.6% for of shares present).
- Advisory (non-binding) approval of executive compensation: 98,561,214 for, 11,183,355 against, 172,939 abstain (≈89.6% for of votes cast, excluding broker non-votes).
Why It Matters
The filing confirms Deckers’ leadership slate and auditor for the coming year—both governance items investors watch closely. The advisory approval signals strong, but not unanimous, shareholder support for executive pay, while the sizable against votes for one director (and meaningful opposition levels on certain other nominees) may reflect investor concerns that shareholders and the Board will monitor going forward. Ratifying KPMG secures continuity for the Company’s financial audits through the fiscal year ending March 31, 2027.