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ECOLAB INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and ECOLAB INC.’s Form 8-K, filed May 6, 2024 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 15Ballot items
  • 1,101Asset managers
  • 13,101Fund votes
  • May 2, 2024Meeting date

Results at a glance

Meeting of May 2, 2024: 15 items on ECOLAB INC.’s Form 8-K, filed May 6, 2024: 12 elected · 2 approved · 1 not approved.

Material dissent

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore ECOLAB INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by ECOLAB INC.

These tallies are ECOLAB INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 6, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

ECOLAB INC. — official shareholder meeting results, meeting held May 2, 2024
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Judson B. Althoff 235,442,9741,127,340315,077 --16,324,279 99.5%Elected—
Elect Director: Shari L. Ballard 233,558,6973,021,069305,625 --16,324,279 99%Elected—
Elect Director: Christophe Beck 219,237,16715,495,7762,152,448 --16,324,279 93%Elected—
Elect Director: Eric M. Green 225,817,47510,722,873345,043 --16,324,279 95%Elected—
Elect Director: Arthur J. Higgins 228,040,8568,533,238311,297 --16,324,279 96%Elected—
Elect Director: Michael Larson 231,803,8574,780,731300,803 --16,324,279 98%Elected—
Elect Director: David W. MacLennan 224,735,70411,185,684964,003 --16,324,279 95%Elected—
Elect Director: Tracy B. McKibben 230,267,6926,295,147322,552 --16,324,279 97%Elected—
Elect Director: Lionel L. Nowell III 223,237,13113,328,631319,629 --16,324,279 94%Elected—
Elect Director: Victoria J. Reich 216,358,29920,198,369328,723 --16,324,279 91%Elected—
Elect Director: Suzanne M. Vautrinot 231,359,6495,217,143308,599 --16,324,279 98%Elected—
Elect Director: John J. Zillmer 178,147,71458,365,681371,996 --16,324,279 75%Elected—
The second proposal was a vote to approve, on an advisory basis, the compensation of the named executives disclosed in the Company's Proxy Statement. The proposal received the following votes and was approved: 210,468,35023,110,0673,306,974 --16,324,279 90%Approved—
The third proposal voted upon was the ratification of the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the year ending December 31, 2024. The proposal received the following votes and was approved: 222,994,00929,982,208233,453 --0 88%Approved—
2 The fourth proposal was a vote to approve a stockholder proposal regarding an independent board chair policy. The proposal received the following votes and was not approved: 80,099,938155,916,952868,501 --16,324,279 34%Not approved—

Source: ECOLAB INC., Form 8-K, filed with the SEC on May 6, 2024 — read the filing on EDGAR.

How asset managers voted at the ECOLAB INC. 2023-2024 meeting

Each item below shows how the 1,101 asset managers that disclosed a ECOLAB INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Arthur J. Higgins

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 228,040,856AGAINST: 8,533,238
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Arthur J. Higgins

ECOLAB INC.’s own tally for this item (“Elect Director: Arthur J. Higgins”): 228,040,856 for, 8,533,238 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 73,808,975 for, 330,846 against, 33,167 abstained, 9,868 unknown.

FOR
FOR: 73,808,975AGAINST: 330,846ABSTAIN: 33,167UNKNOWN: 9,868
Largest asset managers voting on “Election of Directors: Arthur J. Higgins” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,776,1621,143 00For
Putnam2,743,0720 00For
State Street2,465,127358 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,778,56738,418 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

2. Elect Director: Christophe Beck

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 219,237,167AGAINST: 15,495,776
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Christophe Beck

ECOLAB INC.’s own tally for this item (“Elect Director: Christophe Beck”): 219,237,167 for, 15,495,776 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 74,035,608 for, 104,356 against, 33,224 abstained, 9,668 unknown.

FOR
FOR: 74,035,608AGAINST: 104,356ABSTAIN: 33,224UNKNOWN: 9,668
Largest asset managers voting on “Election of Directors: Christophe Beck” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,776,1621,143 00For
Putnam2,743,0720 00For
State Street2,465,234251 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

3. Elect Director: David W. MacLennan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 224,735,704AGAINST: 11,185,684
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: David W. MacLennan

ECOLAB INC.’s own tally for this item (“Elect Director: David W. MacLennan”): 224,735,704 for, 11,185,684 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 72,675,072 for, 1,465,983 against, 33,190 abstained, 8,611 unknown.

FOR
FOR: 72,675,072AGAINST: 1,465,983ABSTAIN: 33,190UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: David W. MacLennan” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,774,1453,160 00For
Putnam2,743,0720 00For
State Street2,465,021464 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert01,113,312 00Against
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

4. Elect Director: Eric M. Green

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 225,817,475AGAINST: 10,722,873
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Eric M. Green

ECOLAB INC.’s own tally for this item (“Elect Director: Eric M. Green”): 225,817,475 for, 10,722,873 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 73,838,491 for, 302,585 against, 33,168 abstained, 8,611 unknown.

FOR
FOR: 73,838,491AGAINST: 302,585ABSTAIN: 33,168UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Eric M. Green” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,774,1453,160 00For
Putnam2,743,0720 00For
State Street2,465,021464 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

5. Elect Director: John J. Zillmer

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

75% Majority: yes · of votes cast

FOR 75%AGAINST
FOR: 178,147,714AGAINST: 58,365,681
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: John J. Zillmer

ECOLAB INC.’s own tally for this item (“Elect Director: John J. Zillmer”): 178,147,714 for, 58,365,681 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 75% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 54,326,223 for, 19,809,937 against, 36,828 abstained, 9,868 unknown.

FORAGAINST
FOR: 54,326,223AGAINST: 19,809,937ABSTAIN: 36,828UNKNOWN: 9,868
Largest asset managers voting on “Election of Directors: John J. Zillmer” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard23,676,8865,666,282 00Mixed
Fidelity5,715,312100,515 00For
BlackRock9,3335,767,972 00Against
Putnam02,743,072 00Against
State Street2,465,127358 00For
Invesco02,291,631 00Against
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,283,286533,699 00Mixed
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse48,239515,402 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable241,934234,741 00Mixed
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO0392,172 00Against

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

6. Elect Director: Judson B. Althoff

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 235,442,974AGAINST: 1,127,340
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Judson B. Althoff

ECOLAB INC.’s own tally for this item (“Elect Director: Judson B. Althoff”): 235,442,974 for, 1,127,340 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 74,078,602 for, 62,476 against, 33,167 abstained, 8,611 unknown.

FOR
FOR: 74,078,602AGAINST: 62,476ABSTAIN: 33,167UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Judson B. Althoff” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,777,3050 00For
Putnam2,743,0720 00For
State Street2,465,4850 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

7. Elect Director: Lionel L. Nowell III

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 223,237,131AGAINST: 13,328,631
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Lionel L. Nowell III

ECOLAB INC.’s own tally for this item (“Elect Director: Lionel L. Nowell III”): 223,237,131 for, 13,328,631 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 67,459,473 for, 6,681,605 against, 33,167 abstained, 8,611 unknown.

FOR
FOR: 67,459,473AGAINST: 6,681,605ABSTAIN: 33,167UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Lionel L. Nowell III” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard23,676,8865,666,282 00Mixed
Fidelity5,815,8270 00For
BlackRock5,776,1621,143 00For
Putnam2,743,0720 00For
State Street2,465,278207 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,344,191472,794 00Mixed
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse228,185335,456 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

8. Elect Director: Michael Larson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 231,803,857AGAINST: 4,780,731
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Michael Larson

ECOLAB INC.’s own tally for this item (“Elect Director: Michael Larson”): 231,803,857 for, 4,780,731 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 74,079,505 for, 61,573 against, 33,167 abstained, 8,611 unknown.

FOR
FOR: 74,079,505AGAINST: 61,573ABSTAIN: 33,167UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Michael Larson” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,776,1621,143 00For
Putnam2,743,0720 00For
State Street2,465,234251 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

9. Elect Director: Shari L. Ballard

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 233,558,697AGAINST: 3,021,069
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Shari L. Ballard

ECOLAB INC.’s own tally for this item (“Elect Director: Shari L. Ballard”): 233,558,697 for, 3,021,069 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 74,079,590 for, 61,489 against, 33,167 abstained, 8,611 unknown.

FOR
FOR: 74,079,590AGAINST: 61,489ABSTAIN: 33,167UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Shari L. Ballard” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,776,1621,143 00For
Putnam2,743,0720 00For
State Street2,465,278207 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

10. Elect Director: Suzanne M. Vautrinot

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 231,359,649AGAINST: 5,217,143
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Suzanne M. Vautrinot

ECOLAB INC.’s own tally for this item (“Elect Director: Suzanne M. Vautrinot”): 231,359,649 for, 5,217,143 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 74,076,484 for, 64,594 against, 33,167 abstained, 8,611 unknown.

FOR
FOR: 74,076,484AGAINST: 64,594ABSTAIN: 33,167UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Suzanne M. Vautrinot” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,776,1621,143 00For
Putnam2,743,0720 00For
State Street2,465,278207 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

11. Elect Director: Tracy B. McKibben

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 230,267,692AGAINST: 6,295,147
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Tracy B. McKibben

ECOLAB INC.’s own tally for this item (“Elect Director: Tracy B. McKibben”): 230,267,692 for, 6,295,147 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 73,837,121 for, 300,298 against, 36,826 abstained, 8,611 unknown.

FOR
FOR: 73,837,121AGAINST: 300,298ABSTAIN: 36,826UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Tracy B. McKibben” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,774,1453,160 00For
Putnam2,743,0720 00For
State Street2,465,021464 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,816,9850 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse563,6410 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

12. Elect Director: Victoria J. Reich

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%
FOR: 216,358,299AGAINST: 20,198,369
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Election of Directors: Victoria J. Reich

ECOLAB INC.’s own tally for this item (“Elect Director: Victoria J. Reich”): 216,358,299 for, 20,198,369 against, per its Form 8-K filed May 6, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The 12 persons nominated by Ecolab's board of directors received the following votes and were elected:”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 67,146,302 for, 6,994,776 against, 33,168 abstained, 8,611 unknown.

FOR
FOR: 67,146,302AGAINST: 6,994,776ABSTAIN: 33,168UNKNOWN: 8,611
Largest asset managers voting on “Election of Directors: Victoria J. Reich” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard23,676,8865,666,282 00Mixed
Fidelity5,815,8270 00For
BlackRock5,774,1453,160 00For
Putnam2,743,0720 00For
State Street2,464,870615 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,305,773511,212 00Mixed
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse228,185335,456 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable476,6750 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

13. 2 The fourth proposal was a vote to approve a stockholder proposal regarding an independent board chair policy. The…

Official resultDIRECTOR ELECTIONSReported outcome: Not approved

Combines 6 wordings of this item as funds reported it.

34% Not approved · of votes cast

FOR 34%AGAINST
FOR: 80,099,938AGAINST: 155,916,952
Details: description as filed, official tally, votes by 186 asset managers

Description as filed by funds: Vote on a stockholder proposal regarding an independent board chair policy, if properly presented at the meeting.

ECOLAB INC.’s own tally for this item (“2 The fourth proposal was a vote to approve a stockholder proposal regarding an independent board chair policy. The proposal received the following votes and was not approved:”): 80,099,938 for, 155,916,952 against — failed, per its Form 8-K filed May 6, 2024 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “The proposal received the following votes and was not approved:”
Support: 34% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 186 asset managers below reported 21,878,187 for, 52,264,121 against, 31,937 abstained, 8,611 unknown.

FORAGAINST
FOR: 21,878,187AGAINST: 52,264,121ABSTAIN: 31,937UNKNOWN: 8,611
Largest asset managers voting on “Vote on a stockholder proposal regarding an independent board chair policy, if properly presented at the meeti” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard5,666,28223,676,886 00Mixed
Fidelity05,815,827 00Against
BlackRock5,3765,771,929 00Against
Putnam02,743,072 00Against
State Street1,1012,464,384 00Against
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,794,49822,487 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust01,459,506 00Against
Charles Schwab01,344,147 00Against
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century01,066,421 00Against
TIAA01,030,472 00Against
ProShares0906,796 00Against
Brown Advisory Funds0782,980 00Against
Brighthouse511,46052,181 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS0536,958 00Against
Equitable41,086435,589 00Mixed
Dimensional0464,843 00Against
John Hancock453,1394,998 00For
MASTER INVESTMENT PORTFOLIO0392,172 00Against

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

14. The second proposal was a vote to approve, on an advisory basis, the compensation of the named executives disclosed in…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 40 wordings of this item as funds reported it.

90% Approved · of votes cast

FOR 90%
FOR: 210,468,350AGAINST: 23,110,067
Details: description as filed, official tally, votes by 1,091 asset managers

Description as filed by funds: Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Statement.

ECOLAB INC.’s own tally for this item (“The second proposal was a vote to approve, on an advisory basis, the compensation of the named executives disclosed in the Company's Proxy Statement. The proposal received the following votes and was approved:”): 210,468,350 for, 23,110,067 against — passed, per its Form 8-K filed May 6, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal received the following votes and was approved:”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 178 asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Stateme” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,343,1680 00For
Fidelity5,815,8270 00For
BlackRock5,777,3050 00For
Putnam2,743,0720 00For
State Street2,465,333152 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,778,56738,418 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert1,113,3120 00For
American Century1,066,4210 00For
TIAA1,030,4720 00For
Artisan998,1380 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse557,4426,199 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable472,6754,000 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For

Fund voting reports, all 178 managers: 73,785,228 for, 899,289 against, 58,143 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 942 asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Stateme” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock9,630,4261,439 00For
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST9,000,0000 00For
Wellington6,795,8880 00For
State Street6,608,79587,053 00For
GEODE CAPITAL MANAGEMENT, LLC4,929,4490 00For
Aristotle Capital Management, LLC4,374,0750 00For
Man Group plc4,283,5900 00For
PICTET ASSET MANAGEMENT SA3,675,3810 00For
MCDONALD CAPITAL INVESTORS INC/CA3,340,4110 00For
Capital Group3,009,207438 00For
RBC Capital Markets, LLC2,807,5080 00For
FRANKLIN ADVISERS INC2,658,7020 00For
Invesco2,641,4200 00For
Northern Trust2,513,64625,382 00For
UBS2,425,7170 00For
BROWN ADVISORY INC2,003,0140 00For
Alecta Tjanstepension Omsesidigt00 1,863,3000Abstain
Sustainable Growth Advisers, LP1,860,2500 00For
VAN ECK ASSOCIATES CORP1,810,2810 00For
Fidelity1,748,6870 00For
Swedbank Robur Fonder AB01,560,825 00Against
Amundi1,545,5304,225 00For
Legal & General Investment Management Ltd01,498,479 00Against
MELLON INVESTMENTS Corp1301,430,017 00Against
Charles Schwab1,404,3220 00For

Institutional-manager reports, all 942 managers: 125,541,976 for, 14,589,927 against, 2,237,672 abstained, 33,925 not voted, 10,164 unknown. Showing the 25 largest; see all in the interactive database.

15. The third proposal voted upon was the ratification of the appointment of PricewaterhouseCoopers LLP as Ecolab's…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 12 wordings of this item as funds reported it.

88% Approved · of votes cast

FOR 88%
FOR: 222,994,009AGAINST: 29,982,208
Details: description as filed, official tally, votes by 188 asset managers

Description as filed by funds: Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the current year ending December 31, 2024.

ECOLAB INC.’s own tally for this item (“The third proposal voted upon was the ratification of the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the year ending December 31, 2024. The proposal received t”): 222,994,009 for, 29,982,208 against — passed, per its Form 8-K filed May 6, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal received the following votes and was approved:”
Support: 88% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 188 asset managers below reported 72,201,043 for, 1,942,968 against, 31,640 abstained, 9,868 unknown.

FOR
FOR: 72,201,043AGAINST: 1,942,968ABSTAIN: 31,640UNKNOWN: 9,868
Largest asset managers voting on “Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm” at ECOLAB INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,305,38737,781 00For
Fidelity5,815,8270 00For
BlackRock5,774,1453,160 00For
Putnam2,743,0720 00For
State Street2,464,870615 00For
Invesco2,291,6310 00For
FRANKLIN MANAGED TRUST1,830,2970 00For
Bridge Builder Trust1,778,56738,418 00For
VanEck ETF Trust1,806,7540 00For
Capital Group1,628,4810 00For
First Trust1,459,5060 00For
Charles Schwab1,344,1470 00For
INVESTMENT CO OF AMERICA1,332,1130 00For
Calvert01,113,312 00Against
American Century889,068177,353 00Mixed
TIAA1,030,4720 00For
ProShares906,7960 00For
Brown Advisory Funds782,9800 00For
Brighthouse557,4426,199 30,7070Mixed
Franklin Custodian Funds590,9780 00For
TRUST FOR PROFESSIONAL MANAGERS536,9580 00For
Equitable472,6754,000 00For
Dimensional464,8430 00For
John Hancock449,8928,245 00For
MASTER INVESTMENT PORTFOLIO392,1720 00For

Showing the 25 largest of 188 asset managers. See all 188 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 8, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest ECOLAB INC. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 285,600,000 shares outstanding at the time of that meeting.

Fund voting reports: top ECOLAB INC. shareholders by shares voted on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in…”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 10.27%
2Fidelity 2.04%
3BlackRock 2.02%
4Putnam 0.96%
5State Street 0.86%
6Invesco 0.80%
7FRANKLIN MANAGED TRUST 0.64%
8Bridge Builder Trust 0.64%
9VanEck ETF Trust 0.63%
10Capital Group 0.57%
Institutional-manager reports: top ECOLAB INC. shareholders by shares voted on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in…”, 2023-2024
#Asset manager % of shares outstanding
1BlackRock 3.37%
2MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST 3.15%
3Wellington 2.38%
4State Street 2.34%
5GEODE CAPITAL MANAGEMENT, LLC 1.73%
6Aristotle Capital Management, LLC 1.53%
7Man Group plc 1.50%
8PICTET ASSET MANAGEMENT SA 1.29%
9MCDONALD CAPITAL INVESTORS INC/CA 1.17%
10Capital Group 1.05%

Reported ECOLAB INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

ECOLAB INC. holdings and ownership disclosed for the 2023-2024 proxy season
Holder % outstanding Disclosure
Vanguard Group 8.82% 13F
BlackRock 7.93% 13F
State Street 4.02% 13F
Morgan Stanley 2.61% 13F
Wellington Management 2.34% 13F
JPMorgan Chase 2.27% 13F
Geode Capital 1.74% 13F
Franklin Templeton 1.28% 13F
Capital International 1.05% 13F
Invesco 0.96% 13F

Percentages above are of 285,600,000 shares outstanding, as reported by ECOLAB INC. on its Form 10-Q dated March 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ECOLAB INC.’s 10-Q dated March 31, 2024. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At ECOLAB INC.'s shareholder meeting held May 2, 2024, in the 2023-2024 proxy season, 1,101 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 13,101 separate fund positions. On the most widely held item on that ballot — Approve, on an advisory basis, the compensation of our named executive officers disclosed in… — ECOLAB INC.'s filing reports the proposal as approved, with 90% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: ECOLAB INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 6, 2024.

ECOLAB INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.