---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-062765"
form_type: "8-K"
ticker: "XPO"
cik: "0001166003"
company_name: "XPO, Inc."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:28:03.316915+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# XPO shareholders reject say-on-pay; all director nominees elected

## Summary
- Advisory vote on exec compensation failed: 49.8M against vs 47.7M for (excl. broker non-votes).
- All nine director nominees elected; Johnny C. Taylor Jr. had highest votes against (7.6M).
- KPMG ratified as auditor for FY2023 with 106.3M votes for, only 355K against.
- Broker non-votes totaled 9.1M on director elections and say-on-pay items.
- Meeting held May 17, 2023; results filed May 19, 2023.

## SEC filing metadata
- accession: 0001104659-23-062765
- form_type: 8-K
- ticker: XPO
- cik: 0001166003
- company_name: XPO, Inc.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166003/000110465923062765/0001104659-23-062765-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166003/000110465923062765/tm2315772d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-062765
- JSON: https://secwatch.observer/filing/0001104659-23-062765.json
- Plain text: https://secwatch.observer/filing/0001104659-23-062765.txt

## Key facts
- Shareholder Votes
  XPO, Inc. shareholders rejected Advisory vote on executive compensation at the 2023-05-17 meeting.
  - Proposal: say on pay
  - Outcome: failed
  - Meeting: 2023-05-17
  source text: 3. Advisory vote on executive compensation: Votes For 47,745,653 Votes Against 49,764,974 Abstentions 94,461 Broker Non-Votes 9,114,824
  evidence_url: https://www.sec.gov/Archives/edgar/data/1166003/000110465923062765/0001104659-23-062765-index.htm
- Shareholder Votes
  XPO, Inc. shareholders approved Election of directors at the 2023-05-17 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 1. Election of directors: Nominee Votes For Votes Against Abstentions Broker Non-Votes Brad Jacobs 92,799,679 4,755,320 50,089 9,114,824 Jason Aiken 97,215,559 328,346 61,183 9,114,824 Bella Allaire 97,335,100 213,640 56,348 9,114,824 Wes Frye 97,363,185 181,439 60,464 9,114,824 Mario Harik 97,239,047 308,605 57,436 9,114,824 Michael Jesselson 96,620,846 925,576 58,666 9,114,824 Allison Landry 91,436,074 6,112,398 56,616 9,114,824 Irene Moshouris 94,457,868 3,091,398 55,822 9,114,824 Johnny C. Taylor, Jr. 89,975,628 7,567,122 62,338 9,114,824
  evidence_url: https://www.sec.gov/Archives/edgar/data/1166003/000110465923062765/0001104659-23-062765-index.htm
- Shareholder Votes
  XPO, Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2023 at the 2023-05-17 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 2. Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2023: Votes For 106,298,019 Votes Against 355,358 Abstentions 66,535 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1166003/000110465923062765/0001104659-23-062765-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
