Coffee Holding Co. (JVA) investors oppose executive pay, approve auditor at 2025 meeting
Rhea-AI Filing Summary
Coffee Holding Co., Inc. reported the results of its Annual Meeting of Stockholders held on December 16, 2025. The company had 5,708,599 common shares outstanding and entitled to vote as of the October 17, 2025 record date, and approximately 53.9% of those shares were represented in person or by proxy, establishing a quorum.
Stockholders voted on four items: the election of directors, ratification of the independent registered public accounting firm, an advisory vote on executive compensation, and an advisory vote on how often to hold that compensation vote. Director nominees Gerard DeCapua and George F. Thomas each received more votes "for" than "withheld," and the proposal to ratify CBIZ CPAs P.C. received strong support, with 3,064,009.89 votes "for" versus 11,278.00 "against" and 4,425.02 abstentions.
In the advisory vote on executive compensation, 1,024,312.56 shares were voted "for," 1,640,696.26 "against" and 32,646.10 abstained, along with 382,058.00 broker non-votes. In the advisory vote on the frequency of future say-on-pay votes, 938,295.98 shares favored holding the vote every 1 year, 10,727.34 favored 2 years, 119,762.41 favored 3 years, 1,628,869.18 abstained, and there were 382,058.00 broker non-votes.
Positive
- None.
Negative
- Advisory vote on executive compensation failed, with 1,640,696.26 shares against and 1,024,312.56 in favor, indicating shareholder dissatisfaction with the current pay program.
Insights
Shareholders rejected executive pay but backed directors and auditor.
The meeting shows a mixed governance signal for Coffee Holding Co., Inc.. Director nominees Gerard DeCapua and George F. Thomas both received more votes "for" than "withheld," indicating sufficient support to remain on the board. The ratification of CBIZ CPAs P.C. as independent registered public accounting firm was particularly strong, with 3,064,009.89 votes "for" versus only 11,278.00 "against" and 4,425.02 abstentions.
By contrast, the advisory vote on executive compensation did not pass in this tally: 1,640,696.26 shares were voted "against" compared with 1,024,312.56 "for," with 32,646.10 abstentions and 382,058.00 broker non-votes. This outcome can signal shareholder concern about the current pay structure, even though the vote is non-binding. For the frequency of future advisory votes on executive compensation, 938,295.98 shares supported a 1-year frequency, more than the votes for 2-year and 3-year options, while 1,628,869.18 shares abstained and 382,058.00 were broker non-votes; any follow-up approach will be discernible in subsequent company disclosures.
FAQ
What did Coffee Holding Co., Inc. (JVA) vote on at the 2025 Annual Meeting?
Stockholders of Coffee Holding Co., Inc. voted on four items: the election of directors, ratification of CBIZ CPAs P.C. as independent registered public accounting firm, an advisory vote on executive compensation, and an advisory vote on how often to hold future advisory votes on executive compensation.
Were the director nominees elected at Coffee Holding Co., Inc.’s 2025 Annual Meeting?
Yes. Director nominees Gerard DeCapua and George F. Thomas each received more votes "for" than "withheld," with 2,065,244.89 votes for and 632,410.02 withheld for DeCapua, and 2,114,452.89 votes for and 583,202.02 withheld for Thomas, along with 382,058.00 broker non-votes for each nominee.
Did Coffee Holding Co., Inc. (JVA) stockholders ratify the independent auditor?
Yes. Stockholders ratified the appointment of CBIZ CPAs P.C. as the company’s independent registered public accounting firm, with 3,064,009.89 votes "for," 11,278.00 "against" and 4,425.02 abstentions.
How did Coffee Holding Co., Inc. stockholders vote on executive compensation in 2025?
In the advisory vote on executive compensation, 1,024,312.56 shares were voted "for," 1,640,696.26 "against," and 32,646.10 abstained. There were also 382,058.00 broker non-votes, meaning more shares were voted against than in favor of the company’s executive compensation.
What frequency for say-on-pay votes received the most support at Coffee Holding Co., Inc.?
In the advisory vote on how often to hold stockholder advisory votes on executive compensation, the 1-year option received the most support with 938,295.98 votes, compared with 10,727.34 votes for 2 years and 119,762.41 votes for 3 years. There were 1,628,869.18 abstentions and 382,058.00 broker non-votes.
How many Coffee Holding Co., Inc. shares were eligible to vote at the 2025 Annual Meeting?
As of the October 17, 2025 record date, there were 5,708,599 shares of Coffee Holding Co., Inc. common stock outstanding and entitled to vote, and approximately 53.9% of those shares were present in person or by proxy at the Annual Meeting.