Starbucks Corporation (NASDAQ:SBUX) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the 2019 Annual Meeting of Shareholders held on March 20, 2019, the shareholders of Starbucks Corporation (the “Company”) elected the 10 directors nominated by the Board to serve until the 2020 Annual Meeting of Shareholders and until their successors are elected and qualified;the shareholders approved an advisory resolution to approve executive compensation;the shareholders approved the ratification of the selection of Deloitte& Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 29, 2019; the shareholders did not approvea shareholder proposal regarding true diversity board policy; and the shareholders did not approve a shareholder proposal regarding a report on sustainable packaging. The proposals are further described in the Company’s definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on January 25, 2019.
The table below sets forth the number of votes cast for and against, and the number of abstentions and broker non-votes, for each matter voted upon by the Company’s shareholders.
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Election of Directors |
||||
|
Rosalind G. Brewer |
856,055,101 |
15,595,870 |
916,416 |
229,123,837 |
|
Mary N. Dillon |
737,237,237 |
134,245,147 |
1,085,003 |
229,123,837 |
|
Mellody Hobson |
849,077,049 |
22,512,166 |
978,172 |
229,123,837 |
|
Kevin R. Johnson |
865,089,551 |
6,398,182 |
1,079,654 |
229,123,837 |
|
Jørgen Vig Knudstorp |
866,476,891 |
4,950,570 |
1,139,926 |
229,123,837 |
|
Satya Nadella |
854,144,821 |
17,413,128 |
1,009,438 |
229,123,837 |
|
Joshua Cooper Ramo |
869,603,496 |
1,734,880 |
1,229,011 |
229,123,837 |
|
Clara Shih |
854,632,282 |
16,978,572 |
956,533 |
229,123,837 |
|
Javier G. Teruel |
842,267,667 |
29,153,934 |
1,145,786 |
229,123,837 |
|
Myron E. Ullman, III |
855,364,582 |
16,027,005 |
1,175,800 |
229,123,837 |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Advisory Resolution to Approve Executive Compensation |
808,751,480 |
60,451,381 |
3,364,526 |
229,123,837 |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Ratification of Selection of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm for the fiscal year ending September 29, 2019 |
1,078,858,064 |
20,741,787 |
2,091,373 |
N/A |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Shareholder Proposal Regarding True Diversity Board Policy |
14,608,573 |
845,056,279 |
12,902,535 |
229,123,837 |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Shareholder Proposal Regarding a Report on Sustainable Packaging |
381,582,406 |
476,122,194 |
14,862,787 |
229,123,837 |
About Starbucks Corporation (NASDAQ:SBUX)
Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of coffee. As of October 2, 2016, the Company operated in 75 countries. The Company operates through four segments: Americas, which is inclusive of the United States, Canada, and Latin America; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA), and Channel Development. The Company’s Americas, CAP, and EMEA segments include both company-operated and licensed stores. Its Channel Development segment includes roasted whole bean and ground coffees, Tazo teas, Starbucks- and Tazo-branded single-serve products, a range of ready-to-drink beverages, such as Frappuccino, Starbucks Doubleshot and Starbucks Refreshers beverages and other branded products sold across the world through channels, such as grocery stores, warehouse clubs, specialty retailers, convenience stores and the United States foodservice accounts.
