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Meeting calendar
SJM · Annual meeting · Wednesday, August 12, 2026

J M Smucker Co

11 nominees · 3 ballot items.

Three management proposals: (1) election of eleven director nominees to serve until the 2027 Annual Meeting, (2) ratification of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2027, and (3) a non-binding, advisory vote to approve the Company’s executive compensation (say-on-pay).

Market cap
$12.6B
1Y TSR
+9.3%
Board grade
C-
Record date
Jun 15, 2026
Filing
DEF 14A
Filed Jun 26, 2026 · DEF 14A
Proposals

On the ballot3

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Elect the eleven nominees named in the Proxy Statement to serve as directors with terms expiring at the 2027 Annual Meeting.

  2. 2

    Ratification of Appointment of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending April 30, 2027.

  3. 3

    Advisory Vote on Executive Compensation (Say-on-Pay

    ManagementBoard: FOR

    Non-binding, advisory approval of the compensation of the Company’s named executive officers as disclosed in the Proxy Statement.

    More detail

    This non-binding advisory proposal asks shareholders to approve the Company’s executive compensation as disclosed in the proxy, covering the Compensation Discussion and Analysis, summary compensation table, and related disclosures. Management seeks this vote to confirm shareholder support for its pay philosophy and program design—namely target positioning near market median, heavy weighting toward performance-based pay (75%–88% of target pay for Named Executive Officers), a mix of short-term cash incentives tied to adjusted operating income, net sales and free cash flow, and long-term awards comprised primarily of performance units and restricted stock. The Board and Compensation Committee view the program as promoting long-term shareholder alignment through multi-year performance measures, robust stock ownership guidelines, clawback provisions, and restrictions on hedging and pledging. Company context: fiscal 2026 delivered strong free cash flow and met or modestly exceeded certain corporate performance metrics, but long-term performance units tied to the 2024 grant paid out at zero due to impairment charges and tariff impacts that depressed adjusted EPS and ROIC, an outcome the Compensation Committee disclosed and reviewed. Management emphasizes that the advisory vote is annual and non-binding under Dodd-Frank; however, the Board commits to engage with shareholders and reconsider pay practices if significant opposition emerges. The Company notes prior strong shareholder support (approximately 93% approval in 2025), which the Board cites as validation but continues to monitor investor feedback when setting targets and plan design. A vote FOR therefore endorses the Board’s current compensation approach and disclosure; a vote AGAINST or significant negative vote would likely prompt the Compensation Committee to evaluate changes, enhanced disclosures, or additional shareholder engagement to address concerns.

Director elections

Nominees on the ballot11

Independent
Tenure on this board
3.0 yrs
Also a director at
Elf Beauty Inc (ELF)
Woo-Sung (Bruce) Chung
Independent
Tenure on this board
New nominee
Independent
Tenure on this board
10.0 yrs
Also a director at
Northern Trust Corp (NTRS)Illinois Tool Works Inc (ITW)
Independent
Tenure on this board
9.0 yrs
Also a director at
Kenvue Inc (KVUE)
Independent
Tenure on this board
0.3 yrs
Also a director at
Brunswick Corp (BC)Performance Food Group Co (PFGC)Infleqtion Inc (INFQ)
Not independent
Tenure on this board
17.5 yrs
Also a director at
Kimberly Clark Corp (KMB)
Independent
Tenure on this board
9.0 yrs
Also a director at
Te Connectivity PLC (TEL)International Flavors & Fragrances Inc (IFF)
Ownership

Top institutional holders10

Latest 13F quarter
1VANGUARD CAPITAL MANAGEMENT LLC6.3%6,746,043$651M
2STATE STREET CORP6.1%6,495,802$626M
3UBS Group AG5.5%5,816,809$561M
4VANGUARD PORTFOLIO MANAGEMENT LLC4.6%4,877,664$470M
5DIMENSIONAL FUND ADVISORS LP3.4%3,632,412$350M
6BlackRock, Inc.2.9%3,121,791$301M
7BARCLAYS PLC2.6%2,754,683$266M
8GEODE CAPITAL MANAGEMENT, LLC2.3%2,499,523$241M
9HOTCHKIS WILEY CAPITAL MANAGEMENT LLC2.1%2,190,076$211M
10FMR LLC2.0%2,096,026$202M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the J M Smucker Co 2026 annual meeting?
J M Smucker Co (SJM) holds its 2026 annual shareholder meeting on Wednesday, August 12, 2026.
What is the record date for the J M Smucker Co 2026 meeting?
The record date for the J M Smucker Co 2026 meeting is Monday, June 15, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for J M Smucker Co's 2026 meeting?
The board is presenting 11 director nominees at the J M Smucker Co 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the J M Smucker Co 2026 meeting?
Shareholders will vote on 3 proposals at the J M Smucker Co 2026 meeting, each tagged with who proposed it and the board's recommendation.
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