Challenged; SEC decided in company’s favor and resolution will be excluded from the 2017 proxy.
Resolution requesting the Board of Directors to take all necessary steps to join the Fair Food Program as promptly as feasible for the purpose of protecting and enhancing consumer and investor confidence in the Wendy’s brand as it relates to the purchase of produce. The Fair Food Program provides an avenue for worker justice for farmworkers providing produce for restaurants that we support. The Board should also prepare a report at reasonable cost to shareholders and the public concerning the implementation of this Resolution.
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