8-K
filed November 20, 2023, 6:59 PM ET
ticker SYY
CIK 0000096021
other material
confidence high
sentiment neutral
materiality 0.15
Sysco shareholders re-elect all directors, approve say-on-pay, reject gestation crate proposal
SYSCO CORP
- All 11 director nominees re-elected with votes ranging from 91.54% to 99.27%.
- Advisory say-on-pay passed with 93.37% of votes cast.
- Shareholders favored annual say-on-pay frequency (98.21% for 1 year); company will conduct annual votes.
- Ratification of Ernst & Young as auditor approved with 96.42% of votes.
- Stockholder proposal on gestation crates in pork supply chain failed with 30.91% support.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
SYSCO CORP shareholders rejected Stockholder proposal related to re-establishing a policy for eliminating or reducing gestation crates in the Company’s pork supply chain at the 2023-11-17 meeting.
- Outcome
- failed
- Meeting
- 2023-11-17
Exact text from the filing
The stockholder proposal related to re-establishing a policy for eliminating or reducing gestation crates in the Company’s pork supply chain was not approved by stockholders, receiving 30.91% of the votes cast.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
SYSCO CORP shareholders approved Election of Directors at the 2023-11-17 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
Sysco’s stockholders elected each of the Company’s director nominees
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
SYSCO CORP shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal 2024 at the 2023-11-17 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
The stockholder proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2024 was approved by 96.42% of the votes cast.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
SYSCO CORP shareholders approved Approval, by advisory vote, of the compensation paid to Sysco’s named executive officers at the 2023-11-17 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
The advisory stockholder vote on the compensation paid to Sysco’s named executive officers, as set forth in Sysco’s 2023 proxy statement for the Annual Meeting, was approved by 93.37% of the votes cast.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
SYSCO CORP shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-11-17 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
The advisory stockholder vote with respect to the frequency with which Sysco will conduct future stockholder advisory votes on executive compensation of Sysco’s named executive officers received the following votes (as a percentage of the total votes cast): 1.52% for every 3 years, 0.25% for every 2 years and 98.21% for every year.
View on SEC.gov
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