...A. Through his leadership as President, CEO, and Chairman, Tom guided the company's growth, culminating in Paychex, becoming a leading human capital management company serving approximately 800,000 clients, generating over $5 billion in annual revenues, and achieving a market capitalization of nearly $50 billion. B. The stockholder list shows that as of the record date, there were approximately 360 million shares of common stock outstanding and entitled to vote at this meeting. C. We were informed by the Inspector of the Election that more than a majority of the shares entitled to vote, or approximately 90% of the outstanding common stock, is represented at the meeting in person or by proxy. D. Last year, approximately 95% of the votes cast on this proposal were in favor of the compensation of our named executive officers....
