Tyson Foods, Inc. (NYSE:TSN) 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.
The annual meeting of the shareholders of the Company was held on February 7, 2019. Matters voted on by shareholders included (i) the election of directors to the Company’s board of directors, (ii) ratification of the Company’s selection of PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm for the fiscal year ending September 29, 2018, (iii) a shareholder proposal to request a report disclosing the Company’s policy and procedures, expenditures, and other activities related to lobbying and grassroots lobbying communications (“Proposal No. 1”), and (iv) a shareholder proposal to request a report disclosing the Company’s human rights due diligence process (“Proposal No. 2”). The results of the shareholders’ votes are reported below.
|
(i) |
With respect to the election of directors: |
|
Directors |
Votes For |
Votes Against |
Votes Abstained |
Broker Non-Votes |
|
John Tyson |
924,632,419 |
5,032,536 |
175,889 |
25,100,116 |
|
Gaurdie E. Banister Jr. |
883,854,431 |
45,778,701 |
207,712 |
25,100,116 |
|
Dean Banks |
859,636,236 |
69,990,412 |
214,196 |
25,100,116 |
|
Mike Beebe |
859,500,881 |
70,130,250 |
209,713 |
25,100,116 |
|
Mikel A. Durham |
859,679,195 |
69,956,260 |
205,389 |
25,100,116 |
|
Kevin M. McNamara |
923,697,555 |
5,938,081 |
205,208 |
25,100,116 |
|
Cheryl S. Miller |
926,383,132 |
3,255,532 |
202,180 |
25,100,116 |
|
Jeffrey K. Schomburger |
923,751,619 |
5,890,345 |
198,880 |
25,100,116 |
|
Robert Thurber |
851,831,933 |
77,805,243 |
203,668 |
25,100,116 |
|
Barbara A. Tyson |
924,199,159 |
5,447,181 |
194,504 |
25,100,116 |
|
Noel White |
927,022,573 |
2,619,210 |
199,061 |
25,100,116 |
|
(ii) |
With respect to the ratification of the Company’s selection of PwC: |
|
Votes For |
950,388,244 |
|
Votes Against |
4,280,321 |
|
Votes Abstained |
272,395 |
|
(iii) |
With respect to Proposal No. 1: |
|
Votes For |
103,798,537 |
|
Votes Against |
824,879,498 |
|
Votes Abstained |
1,162,809 |
|
Broker Non-Votes |
25,100,116 |
|
(iv) |
With respect to Proposal No. 2: |
|
Votes For |
51,208,220 |
|
Votes Against |
872,950,533 |
|
Votes Abstained |
5,682,091 |
|
Broker Non-Votes |
25,100,116 |
About Tyson Foods, Inc. (NYSE:TSN)
Tyson Foods, Inc. is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods. It operates a vertically integrated chicken production process, which consists of breeding stock, contract growers, feed production, processing, further-processing, marketing and transportation of chicken and related allied products, including animal and pet food ingredients. Through its subsidiary, Cobb-Vantress, Inc. (Cobb), the Company is engaged in supplying poultry breeding stock across the world. It produces a range of fresh, frozen and refrigerated food products. Its products are marketed and sold by its sales staff to grocery retailers, grocery wholesalers, meat distributors, warehouse club stores and military commissaries, among others.