Starbucks Investor Group Urges Removal of Directors over Labor Row | Honolulu Star-Advertiser
Investors blame two Starbucks directors for failing to manage labor relations amid ongoing strikes and legal risks, urging shareholders to vote against their reelection at the annual meeting.
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Starbucks investor group urges removal of directors over labor row | Honolulu Star-Advertiser
Starbucks faced fresh pressure today from a coalition of investors, including public-sector pension funds that urged shareholders to vote against the reelection of two directors, citing persistent failure to manage labor relations.
Starbucks investor group gears up for board fight over backsliding labor relations
A showdown is brewing between Starbucks and its shareholders over ongoing labor tensions.ANGELA WEISS / AFP via Getty ImagesSome Starbucks investors are urging shareholders to oppose re-electing two board directors.The board members are responsible for "backsliding" labor relations, the concerned shareholders say.Unionized baristas, backed by figures like Bernie Sanders, are on their fourth strike in two years.A group of Starbucks investors is e…
Starbucks Faces a Proxy War Over Labor Relations as Activist Investors Demand Board Accountability
A coalition of socially minded investors is gearing up for what could become one of the most consequential boardroom battles in Starbucks Corp.’s history — not over profit margins or store expansion, but over how the coffee giant treats its workers. The campaign, which centers on labor relations and union engagement, threatens to expose a widening rift between the company’s carefully cultivated progressive brand image and its on-the-ground deali…
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