Archer-Daniels-Midland Co false 0000007084 0000007084 2024-05-23 2024-05-23 0000007084 us-gaap:CommonStockMember 2024-05-23 2024-05-23 0000007084 us-gaap:DeferrableNotesMember 2024-05-23 2024-05-23

 

 

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 23, 2024

 

 

 

LOGO

ARCHER-DANIELS-MIDLAND COMPANY

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-44   41-0129150

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

77 West Wacker Drive, Suite 4600

Chicago, Illinois

   60601
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (312) 634-8100

 

 

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:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange

on which registered

Common Stock, no par value   ADM   New York Stock Exchange
1.000% Notes due 2025     New York Stock Exchange

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 ☐

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. ☐

 

 

 

Item 5.07.

Submission of Matters to a Vote of Security Holders.

On May 23, 2024, Archer-Daniels-Midland Company (the “Company”) held its 2024 Annual Meeting of Stockholders. The following proposals were voted on at the meeting with the following results:

Proposal No. 1. All nominees for election to the Board of Directors listed in the proxy statement for the 2024 Annual Meeting of Stockholders were elected as follows:

 

Nominee

    For      Against      Abstain      Broker Non-
Votes		  

M. S. Burke

      368,914,475        10,778,685        715,870        52,919,987  

T. Colbert

      370,352,879        9,171,045        885,106        52,919,987  

J.C. Collins, Jr.

      370,030,486        9,500,344        878,200        52,919,987  

T. K. Crews

      372,832,500        6,800,880        775,650        52,919,987  

E. de Brabander

      375,525,358        4,088,590        795,082        52,919,987  

S. F. Harrison

      373,186,260        6,441,854        780,916        52,919,987  

J. R. Luciano

      352,858,766        26,924,222        626,042        52,919,987  

P. J. Moore

      353,484,984        26,129,387        794,659        52,919,987  

D. A. Sandler

      370,432,504        9,191,877        784,649        52,919,987  

L.Z. Schlitz

      369,983,101        9,652,777        773,152        52,919,987  

K. R. Westbrook

      325,064,515        54,552,120        792,395        52,919,987  

Proposal No. 2. The compensation of the Company’s named executive officers was approved, on an advisory basis, by the following votes:

 

For

  

Against

  

Abstain

  

Broker Non-

Votes

329,833,525   49,311,002   1,264,503   52,919,987

Proposal No. 3. The appointment of Ernst & Young LLP as independent auditors for the year ending December 31, 2024 was ratified at the meeting by the following votes:

 

For

  

Against

  

Abstain

410,784,278   21,653,245   891,494

Proposal No. 4. The stockholder proposal regarding an Independent Board Chairman failed by the following votes:

 

For

  

Against

  

Abstain

  

Broker Non-

Votes

92,294,332   285,742,994   2,371,704   52,919,987

 

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.

 

    ARCHER-DANIELS-MIDLAND COMPANY
Date: May 29, 2024     By  

/s/ R. B. Jones

      R. B. Jones
      Senior Vice President, General Counsel, and Secretary
v3.24.1.1.u2
Document and Entity Information
May 23, 2024
Document And Entity Information [Line Items]  
Entity Registrant Name Archer-Daniels-Midland Co
Amendment Flag false
Entity Central Index Key 0000007084
Document Type 8-K
Document Period End Date May 23, 2024
Entity Incorporation State Country Code DE
Entity File Number 1-44
Entity Tax Identification Number 41-0129150
Entity Address, Address Line One 77 West Wacker Drive
Entity Address, Address Line Two Suite 4600
Entity Address, City or Town Chicago
Entity Address, State or Province IL
Entity Address, Postal Zip Code 60601
City Area Code (312)
Local Phone Number 634-8100
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Common Stock, no par value
Trading Symbol ADM
Security Exchange Name NYSE
Deferrable Notes [Member]  
Document And Entity Information [Line Items]  
Security 12b Title 1.000% Notes due 2025
Security Exchange Name NYSE
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