8-K
filed May 19, 2023, 7:59 PM ET
ticker HSY
CIK 0000047111
other
confidence high
sentiment neutral
materiality 0.15
Hershey shareholders elect all director nominees; say-on-pay approved at 2023 annual meeting
HERSHEY CO
- All 12 director nominees elected; Michele G. Buck received 667,986,709 votes for, 10,760,951 against.
- Ernst & Young ratified as independent auditor for FY2023 with 694,661,914 votes for.
- Say-on-pay approved on advisory basis with 670,354,069 votes for (7,815,379 against).
- Advisory vote on executive compensation frequency set to every 1 year (676,524,601 votes).
- Stockholder proposal voted against with 652,467,970 votes against vs 24,575,823 for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HERSHEY CO shareholders approved Non-Binding Advisory Vote on Named Executive Officer Compensation at the 2023-05-16 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal No. 3 — Non-Binding Advisory Vote on Named Executive Officer Compensation Holders of the Company’s Common Stock and Class B Common Stock, voting together without regard to class, approved the compensation of the Company’s named executive officers on a non-binding advisory basis by the votes set forth as follows: Votes For Votes Against Abstentions Broker Non-Votes 670,354,069 7,815,379 578,212 16,794,912
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HERSHEY CO shareholders rejected Stockholder Proposal at the 2023-05-16 meeting.
- Outcome
- failed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal No. 5 — Stockholder Proposal Holders of the Company’s Common Stock and Class B Common Stock, voting together without regard to class, voted against the stockholder proposal by the votes set forth as follows: Votes For Votes Against Abstentions Broker Non-Votes 24,575,823 652,467,970 1,703,867 16,794,912
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HERSHEY CO shareholders approved Ratification of Appointment of Independent Auditors at the 2023-05-16 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal No. 2 — Ratification of Appointment of Independent Auditors Holders of the Company’s Common Stock and Class B Common Stock, voting together without regard to class, ratified the appointment of Ernst & Young LLP as the Company's independent auditors for the fiscal year ending December 31, 2023, by the votes set forth as follows: Votes For Votes Against Abstentions 694,661,914 606,385 276,903
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HERSHEY CO shareholders approved Election of Directors at the 2023-05-16 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal No. 1 — Election of Directors Holders of the Company’s Common Stock and Class B Common Stock, voting together without regard to class, elected the following directors by the votes set forth as follows: Name Votes For Votes Withheld Broker Non-Votes Pamela M. Arway 671,168,508 7,579,152 16,794,912 Michele G. Buck 667,986,709 10,760,951 16,794,912 Mary Kay Haben 676,482,071 2,265,589 16,794,912 James C. Katzman 642,466,370 36,281,290 16,794,912 M. Diane Koken 676,368,776 2,378,884 16,794,912 Huong Maria T. Kraus 677,954,369 793,291 16,794,912 Robert M. Malcolm 643,621,680 35,125,980 16,794,912 Anthony J. Palmer 642,944,245 35,803,415 16,794,912 Juan R. Perez 635,248,556 43,499,104 16,794,912 Holders of the Company’s Common Stock, voting separately as a class, elected the following directors by the votes set forth as follows: Name Votes For Votes Withheld Broker Non-Votes Victor L. Crawford 105,359,027 2,265,883 16,794,912 Robert M. Dutkowsky 60,939,519 46,685,391 16,794,912
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HERSHEY CO shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Named Executive Officer Compensation at the 2023-05-16 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal No. 4 — Advisory Vote on Frequency of Future Advisory Votes on Named Executive Officer Compensation Holders of the Company’s Common Stock and Class B Common Stock, voting together without regard to class, approved to hold future advisory votes on named executive officer compensation every one year by the votes set forth as follows: 1 Year 2 Years 3 Years Abstentions 676,524,601 274,525 1,526,468 422,066
View on SEC.gov
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