--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-138242" form_type: "8-K" ticker: "ADM" cik: "0000007084" company_name: "Archer-Daniels-Midland Co" filed_at: "2023-05-08T23:59:59+00:00" generated_at: "2026-06-15T14:46:28.067655+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.2 calibrated_materiality_score: 0.15 confidence: "high" source: SEC EDGAR --- # ADM 2023 annual meeting elects all director nominees; shareholder proposal on independent chairman fails ## Summary - All 11 director nominees elected with majority support; P.J. Moore received lowest 'For' votes (384.5M for, 48.9M against). - Ernst & Young ratified as independent auditor for FY2023: 465.8M for, 17.1M against, 0.9M abstain. - Advisory say-on-pay approved with 407.9M for (94.3% of votes cast), 24.9M against. - Stockholders voted for annual advisory votes on executive compensation (one-year frequency) with 425.4M favoring 1 year. - Shareholder proposal for independent board chairman failed: 135.1M for, 297.5M against. ## SEC filing metadata - accession: 0001193125-23-138242 - form_type: 8-K - ticker: ADM - cik: 0000007084 - company_name: Archer-Daniels-Midland Co - filed_at: 2023-05-08T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.2 - calibrated_materiality_score: 0.15 - confidence: high - sec_items: 5.07 - EDGAR index: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/0001193125-23-138242-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/d431888d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-138242 - JSON: https://secwatch.observer/filing/0001193125-23-138242.json - Plain text: https://secwatch.observer/filing/0001193125-23-138242.txt ## Key facts - Shareholder Votes Archer-Daniels-Midland Co shareholders approved Proposal No. 2 - Ratification of Ernst & Young LLP as independent auditors for the year ending December 31, 2023 at the 2023-05-04 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-04 source text: Proposal No. 2 . The appointment of Ernst & Young LLP as independent auditors for the year ending December 31, 2023 was ratified at the meeting by the following votes: For Against Abstain 465,832,580 17,071,844 859,310 evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/0001193125-23-138242-index.htm - Shareholder Votes Archer-Daniels-Midland Co shareholders rejected Proposal No. 5 - Stockholder proposal regarding an Independent Board Chairman at the 2023-05-04 meeting. - Outcome: failed - Meeting: 2023-05-04 source text: Proposal No. 5 . The stockholder proposal regarding an Independent Board Chairman failed by the following votes: For Against Abstain Broker Non- Votes 135,125,763 297,511,277 1,506,444 49,620,250 evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/0001193125-23-138242-index.htm - Shareholder Votes Archer-Daniels-Midland Co shareholders approved Proposal No. 3 - Advisory vote to approve compensation of named executive officers at the 2023-05-04 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-05-04 source text: Proposal No. 3 . The compensation of the Company’s named executive officers was approved, on an advisory basis, by the following votes: For Against Abstain Broker Non- Votes 407,921,713 24,868,116 1,353,655 49,620,250 evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/0001193125-23-138242-index.htm - Shareholder Votes Archer-Daniels-Midland Co shareholders approved Proposal No. 4 - Advisory vote on frequency of advisory vote on executive compensation at the 2023-05-04 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-05-04 source text: Proposal No. 4 . The stockholders approved, on an advisory basis, the holding of the advisory vote on executive compensation on an annual basis by the following votes: 1 Year 2 Years 3 Years Abstain Broker Non- Votes 425,399,076 802,704 6,975,990 965,714 49,620,250 evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/0001193125-23-138242-index.htm - Shareholder Votes Archer-Daniels-Midland Co shareholders approved Proposal No. 1 - Election of Directors at the 2023-05-04 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-04 source text: Proposal No. 1 . All nominees for election to the Board of Directors listed in the proxy statement for the 2023 Annual Meeting of Stockholders were elected as follows: Nominee For Against Abstain Broker Non- Votes M. S. Burke 421,132,289 12,257,001 754,194 49,620,250 T. Colbert 427,999,668 5,431,112 712,704 49,620,250 J.C. Collins, Jr. 429,101,389 4,326,926 715,169 49,620,250 T. K. Crews 419,068,172 14,370,617 704,695 49,620,250 E. de Brabander 430,948,134 2,467,038 728,312 49,620,250 S. F. Harrison 425,534,943 7,883,436 725,105 49,620,250 J. R. Luciano 405,702,643 27,366,159 1,074,682 49,620,250 P. J. Moore 384,455,552 48,951,565 736,367 49,620,250 D. A. Sandler 420,712,659 12,671,524 759,301 49,620,250 L.Z. Schlitz 425,510,519 7,870,567 762,398 49,620,250 K. R. Westbrook 398,240,261 35,188,700 714,523 49,620,250 evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000119312523138242/0001193125-23-138242-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.