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Starbucks | DFAN14A: Definitive additional proxy soliciting materials filed by non-management

SEC announcement ·  Feb 20 16:06
Summary by Moomoo AI
Starbucks Corporation has been targeted by the Strategic Organizing Center (SOC), a service group affiliated with the Service Employees International Union, which has released an investor presentation criticizing the company's human capital management strategy. The SOC claims that Starbucks' approach to labor issues has resulted in failures in oversight by the Board, negatively impacting shareholders, employees, and customers. The presentation was disseminated through the SOC's social media channels, urging shareholders to recognize the critical nature of these issues. The SOC is also promoting its own nominees for the Starbucks Board, arguing that these candidates possess the necessary expertise to rectify the company's labor management and to enhance its brand and shareholder value. The campaign is further detailed on their website, BrewABetterStarbucks.com.
Starbucks Corporation has been targeted by the Strategic Organizing Center (SOC), a service group affiliated with the Service Employees International Union, which has released an investor presentation criticizing the company's human capital management strategy. The SOC claims that Starbucks' approach to labor issues has resulted in failures in oversight by the Board, negatively impacting shareholders, employees, and customers. The presentation was disseminated through the SOC's social media channels, urging shareholders to recognize the critical nature of these issues. The SOC is also promoting its own nominees for the Starbucks Board, arguing that these candidates possess the necessary expertise to rectify the company's labor management and to enhance its brand and shareholder value. The campaign is further detailed on their website, BrewABetterStarbucks.com.
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