Starbucks challenged by labor-friendly activist investors [Yahoo! Finance]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
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Source: Yahoo! Finance
Starbucks is facing renewed pressure from investors after the company dissolved the board committee responsible for overseeing labor relations. The Environmental, Partner and Community Impact Committee was formed while the chain undertook a labor rights audit in 2023 after a shareholder vote . Pro-union investors say its dissolution shows the company may be backsliding on workers rights. A group of activist investors, including the Strategic Organizing Center Investment Group, a fund affiliated with several major labor unions, are asking Starbucks shareholders to vote against re-electing two board members. Jørgen Vig Knudstorp, independent lead director, and Beth Ford, chair of the nominating and corporate governance committee, are under fire for dismantling the EPCI committee, said Tejal Patel, the executive director of the SOC Investment Group. Ford chaired the committee at its end, and Knudstorp is responsible for ensuring independent oversight of board activities. “We feel as
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SBUX
News
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SBUX
Earnings
- 1/28/26 - Miss
SBUX
Sec Filings
- 3/27/26 - Form 4
- 3/27/26 - Form 4
- 3/27/26 - Form 4
- SBUX's page on the SEC website