Brown-Forman elects Eliza Brown to board; declares $0.2055 quarterly dividend

BROWN FORMAN CORP

Eliza Brown (fifth-generation descendant) elected to board, replacing Augusta Brown Holland who did not stand for re-election.
John D. Cook departed after 15 years; Michael Todman named Lead Independent Director, Tracy Skeans as Governance Committee Chair.
Quarterly dividend of $0.2055 per share declared, payable Oct 2, 2023 to holders of record Sep 5, 2023.
Shareholders approved executive compensation (advisory) and ratified Ernst & Young as auditor for fiscal 2024.

item 5.07 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BROWN FORMAN CORP shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation.

Proposal: say on pay frequency
Outcome: passed

Exact text from the filing

Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation At the Annual Meeting, the Class A common stockholders recommended, on a nonbinding advisory basis, a frequency of three years for future advisory votes on executive compensation. The following is a breakdown of the voting results: 3 Years 2 Years 1 Year Abstain 142,954,153 635,221 14,322,581 51,904

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BROWN FORMAN CORP shareholders approved Election of Directors.

Proposal: director election
Outcome: passed

Exact text from the filing

Election of Directors The Company's Class A common stockholders elected each of the director nominees proposed by the Company's Board of Directors to serve until the next Annual Meeting of Stockholders or until such director's successor is duly elected and qualified. The following is a breakdown of the voting results: Name of Nominee For Against Abstain Broker Non-Votes Campbell P. Brown 153,224,107 4,727,328 12,424 4,500,463 Elizabeth M. Brown 156,268,867 1,683,555 11,437 4,500,463 Stuart R. Brown 156,258,100 1,694,345 11,414 4,500,463 Mark A. Clouse 157,558,591 392,096 13,172 4,500,463 Marshall B. Farrer 156,102,098 1,848,905 12,856 4,500,463 Michael J. Roney 152,653,249 5,296,591 14,019 4,500,463 Jan E. Singer 157,780,021 169,888 13,950 4,500,463 Tracy L. Skeans 153,636,783 4,312,459 14,617 4,500,463 Elizabeth A. Smith 157,851,558 87,180 25,121 4,500,463 Michael A. Todman 153,145,369 4,801,638 16,852 4,500,463 Lawson E. Whiting 157,703,967 250,502 9,390 4,500,463

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BROWN FORMAN CORP shareholders approved Ratification of the Selection of the Independent Registered Public Accounting Firm for Fiscal 2023 at the 2024-04-30 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2024-04-30

Exact text from the filing

Ratification of the Selection of the Independent Registered Public Accounting Firm for Fiscal 2023 The Company's Class A common stockholders ratified the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending April 30, 2024. The following is a breakdown of the voting results: For Against Abstain Broker Non-Votes 162,042,913 398,858 22,551 N/A

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BROWN FORMAN CORP shareholders approved Advisory Vote on Executive Compensation.

Proposal: say on pay
Outcome: passed

Exact text from the filing

Advisory Vote on Executive Compensation At the Annual Meeting, the Class A common stockholders approved, on a nonbinding advisory basis, the compensation of the Company's Named Executive Officers. The following is a breakdown of the voting results: For Against Abstain Broker Non-Votes 157,204,663 309,745 449,451 4,500,463

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1639 shareholder votes filed in the last 30 days. Browse all shareholder votes →

BROWN FORMAN CORP filing history →

Source: SEC EDGAR

accession 0000014693-23-000098

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