Archer-Daniels-Midland Co 8-K, filed May 8, 2023
Archer-Daniels-Midland Co (ADM)
About this 8-K
Archer-Daniels-Midland Co filed this 8-K on May 8, 2023, reporting on events of May 4, 2023.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM
CURRENT REPORT
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On May 4, 2023, Archer-Daniels-Midland Company (the “Company”) held its 2023 Annual Meeting of Stockholders. The following proposals were voted on at the meeting with the following results:
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 | ||||||||||||
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 |
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 |
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 |
The Board of Directors of the Company has determined to include an advisory vote on executive compensation at each Annual Meeting of Stockholders until the next required vote on the frequency of stockholder votes on executive compensation.
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 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ARCHER-DANIELS-MIDLAND COMPANY | ||||||
| Date: May 8, 2023 | By | /s/ D. Cameron Findlay | ||||
| D. Cameron Findlay | ||||||
| Senior Vice President, General Counsel, and Secretary | ||||||