UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 3, 2017
PepsiCo, Inc.
(Exact name of registrant as specified in its charter)
|
| | | | |
North Carolina | | 1-1183 | | 13-1584302 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
|
| | |
700 Anderson Hill Road, Purchase, New York | | 10577 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (914) 253-2000
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.07. Submission of Matters to a Vote of Security Holders.
PepsiCo, Inc. (“PepsiCo”) held its 2017 Annual Meeting of Shareholders on May 3, 2017. For more information on the following proposals, see PepsiCo’s proxy statement for the 2017 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on March 17, 2017. Below are the final voting results.
(1) The following 14 persons were elected to serve as directors of PepsiCo:
|
| | | | | | | | | | | | |
Nominee | | For | | Against | | Abstain | | Broker Non-Votes |
Shona L. Brown | | 1,001,389,745 |
| | 22,429,966 |
| | 1,875,430 |
| | 228,411,385 |
|
George W. Buckley | | 996,968,980 |
| | 25,998,113 |
| | 2,728,048 |
| | 228,411,385 |
|
Cesar Conde | | 1,018,239,944 |
| | 5,265,900 |
| | 2,189,297 |
| | 228,411,385 |
|
Ian M. Cook | | 1,019,349,920 |
| | 3,621,075 |
| | 2,724,146 |
| | 228,411,385 |
|
Dina Dublon | | 1,018,848,476 |
| | 4,230,658 |
| | 2,616,007 |
| | 228,411,385 |
|
Rona A. Fairhead | | 1,003,133,963 |
| | 20,503,572 |
| | 2,057,606 |
| | 228,411,385 |
|
Richard W. Fisher | | 1,019,488,161 |
| | 4,068,121 |
| | 2,138,859 |
| | 228,411,385 |
|
William R. Johnson | | 1,019,561,130 |
| | 4,027,537 |
| | 2,106,474 |
| | 228,411,385 |
|
Indra K. Nooyi | | 971,165,778 |
| | 46,782,478 |
| | 7,746,885 |
| | 228,411,385 |
|
David C. Page, MD | | 1,004,271,249 |
| | 19,310,296 |
| | 2,113,596 |
| | 228,411,385 |
|
Robert C. Pohlad | | 1,018,365,892 |
| | 5,183,982 |
| | 2,145,267 |
| | 228,411,385 |
|
Daniel Vasella, MD | | 973,849,811 |
| | 45,158,449 |
| | 6,686,881 |
| | 228,411,385 |
|
Darren Walker | | 1,018,243,814 |
| | 5,222,724 |
| | 2,228,603 |
| | 228,411,385 |
|
Alberto Weisser | | 1,018,476,767 |
| | 4,543,700 |
| | 2,674,674 |
| | 228,411,385 |
|
(2) The shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for PepsiCo for fiscal year 2017:
|
| | |
For | 1,223,809,302 |
|
Against | 27,184,519 |
|
Abstain | 3,112,705 |
|
(3) The shareholders approved, on an advisory basis, PepsiCo’s executive compensation:
|
| | |
For | 955,983,618 |
|
Against | 60,373,167 |
|
Abstain | 9,338,356 |
|
Broker Non-Votes | 228,411,385 |
|
(4) The shareholders approved, on an advisory basis, the holding of an advisory vote on the compensation of PepsiCo’s named executive officers every year:
|
| | |
One Year | 923,561,271 |
|
Two Years | 5,994,133 |
|
Three Years | 90,386,780 |
|
Abstain | 5,752,957 |
|
Broker Non-Votes | 228,411,385 |
|
In light of the voting results on this advisory vote, and consistent with its recommendation to shareholders, PepsiCo’s Board of Directors has decided that PepsiCo will hold an advisory vote on the compensation of PepsiCo’s named executive officers every year.
(5) The shareholder proposal regarding a report on pesticide pollution was defeated:
|
| | |
For | 87,982,531 |
|
Against | 872,776,563 |
|
Abstain | 64,936,047 |
|
Broker Non-Votes | 228,411,385 |
|
(6) The shareholder proposal regarding the implementation of the Holy Land Principles was defeated:
|
| | |
For | 29,376,403 |
|
Against | 919,843,966 |
|
Abstain | 76,474,772 |
|
Broker Non-Votes | 228,411,385 |
|
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.
|
| | |
| PepsiCo, Inc. |
| | |
Date: May 5, 2017 | By: | /s/ Cynthia Nastanski |
| | Name: Cynthia Nastanski |
| | Title: Senior Vice President, Corporate Law and Deputy Corporate Secretary |