2024 Starbucks Proxy Contest

Strategic Organizing Center (SOC) Investment Group intends on nominating three directors

Starbucks Corporation (SBUX) filed a solicitation today in tandem with SOC’s DFAN14A urging investors to support their position.

The SOC nominees, per filing:

“Maria Echaveste, a former senior White House official and corporate attorney with significant international relations and public company board experience.

Hon. Joshua Gotbaum, who has been a director of both public and private companies with decades of experience in corporate governance and change, as well as significant public policy and government experience.

Wilma Liebman, who possesses over 40 years of experience in labor management, employee relations, wage negotiations, public policy and law – including having served as the Chair of the NLRB under President Barack Obama.”

SOC’s DFAN14A:

Starbucks solicitation responding to SOC:

The AGM has been set for March 13.

This is likely the first of many interesting big brand contests for 2024.

Happy Thanksgiving!

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