--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-23-001474" form_type: "8-K" ticker: "FARM" cik: "0000034563" company_name: "FARMER BROTHERS CO" filed_at: "2023-01-12T23:59:59+00:00" generated_at: "2026-06-20T16:15:17.328651+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.3 calibrated_materiality_score: 0.3 confidence: "high" source: SEC EDGAR --- # Farmer Bros. shareholders approve declassification of board and elect nine directors ## Summary - Certificate amendment eliminates classified board, allows removal with/without cause, and removes Series A preferred references. - All nine director nominees elected: Boersma, Loretz-Congdon, Maserang II, Mottern, Pace, Poe, Radoff, Robinson, Zaman. - Ratification of Grant Thornton as independent auditor for FY2023: 16,029,896 for, 1,084,765 against. - Advisory vote on named executive officer compensation approved: 9,999,014 for, 4,799,352 against, ~67% support. ## SEC filing metadata - accession: 0001140361-23-001474 - form_type: 8-K - ticker: FARM - cik: 0000034563 - company_name: FARMER BROTHERS CO - filed_at: 2023-01-12T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.3 - calibrated_materiality_score: 0.3 - confidence: high - sec_items: 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/0001140361-23-001474-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/brhc10046407_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-23-001474 - JSON: https://secwatch.observer/filing/0001140361-23-001474.json - Plain text: https://secwatch.observer/filing/0001140361-23-001474.txt ## Key facts - Governance Changes FARMER BROTHERS CO: Stockholders approved the Second Amended and Restated Certificate of Incorporation, which clarifies de-classification of the board, allows removal of directors with or without cause, and removes references to redeemed Preferred Stock (effective 2023-01-12). - Change: charter amendment - Effective: 2023-01-12 source text: At the Annual Meeting of Stockholders of Farmer Bros. Co., a Delaware corporation (the “Company”), held on January 12, 2023 (the “Annual Meeting”), the stockholders of the Company approved the Second Amended and Restated Certificate of Incorporation of the Company (the “Certificate”), which clarifies the completion of the de-classification of the board of directors of the Company (the “Board”), allows for the removal of directors by stockholders with and without cause, and removes references to the Company’s fully redeemed Series A Convertible Participating Cumulative Perpetual Preferred Stock, par value $1.00 per share. evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/0001140361-23-001474-index.htm - Shareholder Votes FARMER BROTHERS CO shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm at the 2023-06-30 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-30 source text: Proposal No. 3 – To ratify the selection of Grant Thornton as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023: FOR AGAINST ABSTAIN BROKER NON-VOTES 16,029,896 1,084,765 2,782 − evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/0001140361-23-001474-index.htm - Shareholder Votes FARMER BROTHERS CO shareholders approved Advisory (non-binding) vote to approve the compensation paid to the Company’s named executive officers. - Proposal: say on pay - Outcome: passed source text: Proposal No. 4 – Advisory (non-binding) vote to approve the compensation paid to the Company’s named executive officers: FOR AGAINST ABSTAIN BROKER NON-VOTES 9,999,014 4,799,352 110,318 2,208,759 evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/0001140361-23-001474-index.htm - Shareholder Votes FARMER BROTHERS CO shareholders approved Election of nine directors to serve for a one-year term. - Proposal: director election - Outcome: passed source text: Proposal No. 1 – To elect nine (9) directors to the Board for a one-year term of office expiring at the Company’s 2023 Annual Meeting of Stockholders and until their successors are elected and duly qualified: DIRECTOR NOMINEE FOR WITHHOLD BROKER NON-VOTES Allison M. Boersma 14,302,927 605,757 2,208,759 Stacy Loretz-Congdon 14,204,590 704,094 2,208,759 D. Deverl Maserang II 13,394,371 1,514,313 2,208,759 Christopher P. Mottern 13,078,996 1,829,688 2,208,759 David A. Pace 12,555,309 2,353,375 2,208,759 Alfred Poe 12,055,617 2,853,067 2,208,759 Bradley L. Radoff 13,112,663 1,796,021 2,208,759 John D. Robinson 12,009,825 2,898,859 2,208,759 Waheed Zaman 13,440,576 1,468,108 2,208,759 evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/0001140361-23-001474-index.htm - Shareholder Votes FARMER BROTHERS CO shareholders approved To approve the Certificate. - Outcome: passed source text: Proposal No. 2 – To approve the Certificate: FOR AGAINST ABSTAIN BROKER NON-VOTES 13,626,534 1,143,198 138,952 2,208,759 evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123001474/0001140361-23-001474-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.