Here are the DEF 14A proxy statements from Molson Coors Beverage Company (TAP) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow TAP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TAP filings page.
Molson Coors Beverage Company is asking stockholders to vote at its 2026 Annual Meeting on May 6, 2026 in Golden, Colorado on three main items: electing 14 directors, approving executive pay on an advisory basis, and ratifying PricewaterhouseCoopers as auditor for 2026.
The company highlights 2025 as a year of discipline and cash generation, producing underlying free cash flow of $1.141 billion and keeping net debt to underlying EBITDA below its 2.5x target. It raised the dividend by 6.8% and repurchased about 12.9 million shares, emphasizing returns to stockholders.
Rahul Goyal became President and CEO on October 1 2025, succeeding Gavin D.K. Hattersley. The proxy describes a majority-independent board with separated Chair and CEO roles, a detailed skills matrix, and oversight structures for risk, sustainability, cybersecurity and artificial intelligence.
Executive compensation follows a pay-for-performance approach, tying a large portion of pay to financial metrics such as underlying income before income taxes, underlying free cash flow, underlying net sales revenue and relative total shareholder return. For 2025, most annual incentive metrics paid near threshold, while 2023–2025 performance share units paid at 126% of target based on strong multi‑year results.