01—Abstract
Summary
Summary of the 8-K filed June 23, 2025. Cited figures are marked; the original filing is the authoritative source.
Keurig Dr Pepper Inc. filed this Current Report on Form 8-K to disclose the results of matters voted on at its Annual Meeting of Stockholders, held on June 18, 2025.
Stockholders elected all nine nominated directors to one-year terms, including Timothy Cofer, Robert Gamgort, Oray Boston, Juliette Hickman, Pamela Patsley, Debra Sandler, Robert Singer, Mike Van de Ven, and Lawson Whiting. Each director received substantially more votes for than against, with Pamela Patsley receiving the most opposition at 51,127,240 against votes and Oray Boston at 17,344,990. Stockholders also approved, on an advisory basis, the company's executive compensation, with 1,153,935,594 votes for and 67,119,808 against.
In addition, stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 1,242,944,252 votes for and 3,558,643 against. The filing reports governance outcomes only and does not disclose new financial results, transactions, or strategic changes. For investors, the votes indicate broad stockholder support for the board, executive pay practices, and the auditor selection.
02—Key points
Key Highlights
- Annual Meeting of Stockholders held June 18, 2025.
- All nine director nominees were elected to one-year terms, with Timothy Cofer receiving 1,218,452,492 votes for and Pamela Patsley receiving 1,168,903,899 votes for.
- Pamela Patsley had the highest opposition among directors, with 51,127,240 votes against and 1,441,310 abstentions.
- Advisory say-on-pay resolution on executive compensation was approved, with 1,153,935,594 votes for and 67,119,808 against.
- Deloitte & Touche LLP was ratified as independent registered public accounting firm for the fiscal year ending December 31, 2025, with 1,242,944,252 votes for and 3,558,643 against.
- Broker non-votes were 25,330,686 on director election and say-on-pay proposals.
03—Questions
Frequently Asked Questions
Which directors were elected at the June 18, 2025 Annual Meeting?
Stockholders elected Timothy Cofer, Robert Gamgort, Oray Boston, Juliette Hickman, Pamela Patsley, Debra Sandler, Robert Singer, Mike Van de Ven, and Lawson Whiting, each to a one-year term until successors are duly elected and qualified.
Did stockholders approve executive compensation?
Yes. The advisory resolution on executive compensation was approved, with 1,153,935,594 votes for, 67,119,808 against, 417,048 abstentions, and 25,330,686 broker non-votes.
Who is the company's independent auditor?
Stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
Were there any director elections with notable opposition?
Pamela Patsley received the most against votes at 51,127,240, and Oray Boston received 17,344,990 against votes. Debra Sandler received 29,468,912 against votes, and Robert Gamgort received 14,963,959.
Does this filing disclose new financial results or transactions?
No. This Item 5.07 filing reports only the results of stockholder votes and does not contain financial results, transactions, or strategic announcements.
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