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This represents a much broader commitment than the shareholder proposal requests." The company did not disclose results of the voting.ĭuring the meeting, acting executive vice president and general counsel Zabrina Jenkins addressed the proposal, saying the company is conducting an independent assessment "that will include a deeper level review of the principles of freedom of association and the right to collective bargaining. Investors voted Thursday on a shareholder proposal for an independent review of Starbucks' practices on union organizing and collective bargaining. Schultz is scheduled to testify next week before a U.S. It has accused the union of failing to bargain in good faith and the National Labor Relations Board of running unfair elections that favored the union. The company has said it complies with U.S. Narasimhan must contend with the company's divisive record on labor unions, an issue of increasing concern to politicians and shareholders.

The former PepsiCo and Reckitt Benckiser executive, who joined the company in October, took over on Monday as Howard Schultz stepped down from his third stint as CEO of the chain he helped turn into a global coffee behemoth. His comments came the day after Starbucks workers walked off the job at 100 stores around the United States, and a video posted by the union on social media showed hundreds of activists marching in protest outside company headquarters. "We strive to be a different kind of company operating in a different kind of world," he said, adding Starbucks plans to "reinvigorate" its employee culture. "We must care for" customer-facing staff, he wrote. In a letter to workers, Narasimhan said Starbucks' performance was strong but the company needs to strengthen its health. NEW YORK (Reuters) -Starbucks, which has faced criticism over its opposition to union organizing, wants to be "a different kind of company" that cares for its frontline workers, new CEO Laxman Narasimhan told employees on Thursday before the coffee chain's annual meeting.