8-K
filed September 21, 2023, 7:59 PM ET
ticker DRI
CIK 0000940944
other material
confidence high
sentiment neutral
materiality 0.15
Darden shareholders re-elect all 9 directors, reject both shareholder proposals at 2023 annual meeting
DARDEN RESTAURANTS INC
- All 9 director nominees elected with >95% of votes cast; William S. Simon received lowest support at 95.9%.
- Say-on-pay approved with 96.5M for (96%), 3.4M against; annual frequency selected with 98.5M votes.
- KPMG ratified as auditor for fiscal 2024 with 107M for (96.4% of shares voted).
- Shareholder proposal on GHG reduction targets rejected: 23.1M for, 75.3M against (24% support).
- Shareholder proposal on reproductive healthcare risks report rejected: 9.1M for, 88.8M against (9% support).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
DARDEN RESTAURANTS INC shareholders rejected Shareholder proposal requesting that the Company issue greenhouse gas reduction targets at the 2023-09-20 meeting.
- Outcome
- failed
- Meeting
- 2023-09-20
Exact text from the filing
Did not approve the shareholder proposal requesting that the Company issue greenhouse gas reduction targets. For 23,108,509 Against 75,258,957 2 Abstain 1,989,519 Broker Non-Vote 10,736,439
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
DARDEN RESTAURANTS INC shareholders rejected Shareholder proposal requesting that the Company issue a report on the risks arising from state policies restricting reproductive health care at the 2023-09-20 meeting.
- Outcome
- failed
- Meeting
- 2023-09-20
Exact text from the filing
Did not approve the shareholder proposal requesting that the Company issue a report on the risks arising from state policies restricting reproductive health care. For 9,079,027 Against 88,810,954 Abstain 2,467,004 Broker Non-Vote 10,736,439
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
DARDEN RESTAURANTS INC shareholders approved Election of 9 directors at the 2023-09-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Elected the following 9 directors to serve until the next annual meeting of shareholders or until his or her successor is elected and qualified. Nominees For Withheld Broker Non-Vote Margaret Shân Atkins 98,517,598 1,839,387 10,736,439 Ricardo Cardenas 99,438,304 918,681 10,736,439 Juliana L. Chugg 98,534,799 1,822,186 10,736,439 James P. Fogarty 98,536,821 1,820,164 10,736,439 Cynthia T. Jamison 98,176,441 2,180,544 10,736,439 Nana Mensah 99,148,609 1,208,376 10,736,439 William S. Simon 96,228,869 4,128,116 10,736,439 Charles M. Sonsteby 95,632,253 4,724,732 10,736,439 Timothy J. Wilmott 99,237,488 1,119,497 10,736,439
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
DARDEN RESTAURANTS INC shareholders approved Advisory approval of the Company's executive compensation at the 2023-09-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Approved a resolution providing advisory approval of the Company's executive compensation. For 96,513,092 Against 3,447,881 Abstain 396,012 Broker Non-Vote 10,736,439
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
DARDEN RESTAURANTS INC shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-09-20 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Approved a resolution providing an advisory vote on the frequency of future advisory votes on executive compensation. One Year 98,479,175 Two Years 201,953 Three Years 1,426,607 Abstain 249,250 Broker Non-Vote 10,736,439
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
DARDEN RESTAURANTS INC shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for fiscal year ending May 26, 2024 at the 2023-09-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending May 26, 2024. For 107,005,038 Against 3,892,685 Abstain 195,701 Broker Non-Vote 0
View on SEC.gov
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