Strategic Organizing Center Launches www.BrewABetterStarbucks.com and Files Preliminary Proxy Statement
12 Janeiro 2024 - 3:00PM
Business Wire
Believes Starbucks’ misguided response to labor
issues has exposed the Company to unnecessary reputational harm and
requires boardroom change to protect mission-critical employee
relations and shareholder value
SOC’s highly qualified nominees would bring
urgently needed human capital management and public policy
experience to the Starbucks Board
The Strategic Organizing Center (the “SOC”), a shareholder of
Starbucks Corporation (Nasdaq: SBUX) (“Starbucks” or the
“Company”), today announced the launch of its website
www.BrewABetterStarbucks.com and that it has filed a preliminary
proxy statement with the U.S. Securities and Exchange Commission
(“SEC”) in connection with Starbucks’ 2024 Annual Meeting of
Shareholders (the “Annual Meeting”). The SOC has nominated three
director candidates – Maria Echaveste, Hon. Joshua Gotbaum and
Wilma Liebman – for election to the Starbucks Board of Directors
(the “Board”) at the upcoming Annual Meeting.
Starbucks shareholders, employees, customers and other
stakeholders are encouraged to visit www.BrewABetterStarbucks.com
to share their views, sign up for important updates and learn about
the SOC’s efforts to enhance the Company’s human capital management
practices, facilitate constructive outcomes of ongoing labor
disputes and oversee engagement with policymakers and
regulators.
A copy of the preliminary proxy statement is available at
https://bit.ly/3RYEDiw and www.BrewABetterStarbucks.com.
***
Starbucks is a company in crisis. It is time
to #BrewABetterStarbucks.
Visit
www.BrewABetterStarbucks.com to learn more.
***
DISCLAIMER
This material does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities described
herein in any state to any person. In addition, the discussions and
opinions in this press release and the material contained herein
are for general information only, and are not intended to provide
investment advice. All statements contained in this press release
that are not clearly historical in nature or that necessarily
depend on future events are “forward-looking statements,” which are
not guarantees of future performance or results, and the words
“will,” “anticipate,” “believe,” “expect,” “potential,” “could,”
“opportunity,” “estimate,” and similar expressions are generally
intended to identify forward-looking statements. Any projected
results and/or statements contained in this press release that are
not historical facts are based on current expectations, speak only
as of the date of this press release and involve risks that may
cause the actual results to be materially different. Certain
information included in this press release is based on data
obtained from sources considered to be reliable. No representation
is made with respect to the accuracy or completeness of such data,
and any analyses provided to assist the recipient of this press
release in evaluating the matters described herein may be based on
subjective assessments and assumptions and may use one among
alternative methodologies that produce different results.
Accordingly, any analyses should also not be viewed as factual and
also should not be relied upon as an accurate prediction of future
results. Any figures are unaudited estimates and subject to
revision without notice. The SOC disclaims any obligation to update
the information herein and reserve the right to change any of their
opinions expressed herein at any time as they deem appropriate.
Past performance is not indicative of future results.
IMPORTANT INFORMATION
The SOC, the SEIU, Mary Kay Henry, Ahmer Qadeer, Michael Zucker,
Maria Echaveste, Joshua Gotbaum, and Wilma B. Liebman
(collectively, the “Participants”) intend to file a definitive
proxy statement and accompanying proxy card (the “Proxy Statement”)
with the SEC to be used to solicit proxies in connection with the
2024 annual meeting of shareholders (the “Annual Meeting”) of
Starbucks Corporation (the “Company”). All shareholders of the
Company are advised to read the Proxy Statement and other documents
related to the solicitation of proxies, each in connection with the
Annual Meeting, by the Participants when they become available, as
they will contain important information, including additional
information related to the Participants. The Proxy Statement and an
accompanying BLUE proxy card will be
furnished to some or all of the Company’s stockholders and will be,
along with other relevant documents, available at no charge on the
SEC website at http://www.sec.gov.
Information about the Participants and a description of their
direct or indirect interests by security holdings or otherwise is
contained in the preliminary proxy statement filed by the
Participants with the SEC on January 12, 2024. This document is
available free of charge from the source described above and at
www.BrewABetterStarbucks.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240111802289/en/
Investor Contact Okapi Partners Bruce Goldfarb / Pat
McHugh, (212) 297-0720 info@okapipartners.com Media Contacts
Longacre Square Partners soc-sbux@longacresquare.com
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