An activist group seeking changes at Starbucks has withdrawn its slate of candidates for the company's board after proxy advisers sided with the company, according to people familiar with the effort. The withdrawal, confirmed by the NYC Comptroller, indicates a potential shift in attitude at Starbucks amid much investor concern with the board and management's response to worker unionization efforts. This development is part of a broader context of labor rights discussions, with Starbucks corporate management recently agreeing to recognize Workers United, the baristas' union. This agreement was reached despite the company's previous actions against union supporters, including firing organizers, denying raises, and withholding credit card tips. The novel union-driven proxy fight at Starbucks, which ended this week, underscores the emerging role of shareholder activism in advocating for workers' rights.
A novel union-driven proxy fight at Starbucks that ended this week highlights shareholder activism as a new route to push companies on workers' rights. https://t.co/4ySTYkCHAP
Sneak Peek at the 2024 Go-To Law Schools: Big Law Nos. 31-40 https://t.co/aZbWoEvl9g
Starbucks union is labor’s mighty mouse moment - @TheRealLSL - https://t.co/w7ZNZ9IdYE https://t.co/gYFZbTN816
How Baristas beat Starbucks They fired the organizers They denied raises to those who voted yes They even withheld credit card tips from supporters And yet, last week, Starbucks corporate management agreed to recognize Workers United, the baristas’ union What does this mean… https://t.co/t3g24pvyTS
ICYMI. Sneak Peek at the 2024 Go-To Law Schools: Big Law Nos. 41-50 https://t.co/VJ4IbyMxXd
A New Frontier? Starbucks Signals a CBA With Baristas May Soon Be on Tap https://t.co/27Ly7RNXnr #union #collectivebargaining #starbucks @GrimKim https://t.co/OsuXJeY0lY
From @WSJopinion: In the coffee business, a partial union takeover of Starbucks likely will mean higher prices and worse service. No amount of sugar will make that go down any easier, writes Robert H. Bork Jr. https://t.co/BvfW3Yp4aj https://t.co/BvfW3Yp4aj
Head of the Class: Law schools consider post-ChatGPT coursework. https://t.co/3werVpSRa8 #LegalRebels #LegalRebels2024 @juliannehill @LegalRebels
Sneak Peek at the 2024 Go-To Law Schools: Big Law Nos. 41-50 https://t.co/mblAt6KzjT
SLS's Mark Chandler and Jess Lu, JD '24, wrote an opinion essay titled, "Building Better Civil Justice Systems Isn’t Just About The Funding," which was originally published by LawSites. https://t.co/XJ3whL2J7c
NEW: @TheSOC nominees for the Starbucks board have withdrawn their candidacy. We hope this indicates a fundamental attitude shift for @Starbucks, after much investor concern with the board and management's response to worker unionization efforts. https://t.co/RRTJVLki2f
SLS Professor William Gould wrote an opinion essay titled, "Unions are scoring big wins for workers. Why isn’t membership surging?" for the @washingtonpost. https://t.co/rEcsMjS4Fq
An activist group seeking changes at Starbucks has withdrawn a slate of candidates for the coffee giant’s board after proxy advisers sided with the company, according to people familiar with the effort. https://t.co/H9XMXp13Us