8-K
filed March 15, 2024, 7:59 PM ET
ticker SBUX
CIK 0000829224
other
confidence high
sentiment neutral
materiality 0.15
Starbucks shareholders elect all 11 directors, approve say-on-pay, ratify Deloitte; reject shareholder proposals
STARBUCKS CORP
- All 11 director nominees elected; largest withhold was 73.99M shares against Mellody Hobson.
- Say-on-pay resolution passed with 682.87M for (90.8% of votes cast), 61.37M against.
- Ratification of Deloitte & Touche LLP as auditor approved with 767.99M for (94.2% of votes cast).
- Three shareholder proposals (plant-based milk pricing, discrimination, human rights reports) all rejected by >93% against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.97
STARBUCKS CORP shareholders rejected Shareholder Proposal Requesting a Report on Human Rights Policies at the 2024-03-13 meeting.
- Outcome
- failed
- Meeting
- 2024-03-13
Exact text from the filing
Proposal 6 - Shareholder Proposal Requesting a Report on Human Rights Policies At the Annual Meeting, the shareholders did not approve a shareholder proposal requesting a report on human rights policies.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.97
STARBUCKS CORP shareholders approved Election of 11 directors at the 2024-03-13 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-03-13
Exact text from the filing
Proposal 1 - Election of Directors The Company’s shareholders elected each of the 11 directors nominated by the Company’s Board of Directors to serve until the 2025 Annual Meeting of Shareholders or until their successors are duly elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.97
STARBUCKS CORP shareholders approved Ratification of the Selection of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2024 at the 2024-03-13 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-03-13
Exact text from the filing
Proposal 3 - Ratification of the Selection of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2024 At the Annual Meeting, 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, 2024.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.97
STARBUCKS CORP shareholders approved Advisory Resolution on Executive Compensation at the 2024-03-13 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-03-13
Exact text from the filing
Proposal 2 - Advisory Resolution on Executive Compensation At the Annual Meeting, the shareholders approved, on a nonbinding, advisory basis, the compensation paid to the Company’s named executive officers.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.97
STARBUCKS CORP shareholders rejected Shareholder Proposal Requesting a Report on Plant-Based Milk Pricing at the 2024-03-13 meeting.
- Outcome
- failed
- Meeting
- 2024-03-13
Exact text from the filing
Proposal 4 - Shareholder Proposal Requesting a Report on Plant-Based Milk Pricing At the Annual Meeting, the shareholders did not approve a shareholder proposal requesting a report on plant-based milk pricing.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.97
STARBUCKS CORP shareholders rejected Shareholder Proposal Requesting a Report on Direct and Systemic Discrimination at the 2024-03-13 meeting.
- Outcome
- failed
- Meeting
- 2024-03-13
Exact text from the filing
Proposal 5 - Shareholder Proposal Requesting a Report on Direct and Systemic Discrimination At the Annual Meeting, the shareholders did not approve a shareholder proposal requesting a report on direct and systemic discrimination.
View on SEC.gov
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