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MACY'S INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and MACY'S INC.’s Form 8-K, filed May 20, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 15Ballot items
  • 424Asset managers
  • 5,944Fund votes
  • May 16, 2025Meeting date

Results at a glance

Meeting of May 16, 2025: 15 items on MACY'S INC.’s Form 8-K, filed May 20, 2025: 2 approved · 13 without a stated outcome.

Material dissent

None.

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 MACY'S INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by MACY'S INC.

These tallies are MACY'S INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 20, 2025 (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.

MACY'S INC. — official shareholder meeting results, meeting held May 16, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Emilie Arel 181,801,4695,132,081651,620 --28,820,542 97%Not verified—
Elect Director: Torrence N. Boone 181,524,9365,431,450628,784 --28,820,542 97%Not verified—
Elect Director: Marie Chandoha 165,616,00321,352,252616,915 --28,820,542 89%Not verified—
Elect Director: Robert B. Chavez 181,819,2605,119,214646,696 --28,820,542 97%Not verified—
Elect Director: Naveen K. Chopra 181,613,1475,063,211908,812 --28,820,542 97%Not verified—
Elect Director: Richard Clark 182,242,1484,843,369499,653 --28,820,542 97%Not verified—
Elect Director: Deirdre P. Connelly 172,482,06914,490,946612,155 --28,820,542 92%Not verified—
Elect Director: Jill Granoff 181,924,9985,050,835609,337 --28,820,542 97%Not verified—
Elect Director: Richard L. Markee 181,480,5355,564,456540,179 --28,820,542 97%Not verified—
Elect Director: Douglas W. Sesler 166,230,86320,547,917806,390 --28,820,542 89%Not verified—
Elect Director: Tony Spring 174,594,30812,605,083385,779 --28,820,542 93%Not verified—
Elect Director: Paul C. Varga 173,079,28813,986,924518,958 --28,820,542 93%Not verified—
Elect Director: Tracey Zhen 181,916,0125,033,950635,208 --28,820,542 97%Not verified—
2. The appointment of KPMG LLP as Macy's, Inc.'s independent registered public accounting firm for the fiscal year ending January 31, 2026 204,965,23410,704,727735,751 ---- 95%Approved—
3. The advisory vote to approve named executive officer compensation 165,972,67220,847,611764,887 --28,820,542 89%Approved—

Source: MACY'S INC., Form 8-K, filed with the SEC on May 20, 2025 — read the filing on EDGAR.

How asset managers voted at the MACY'S INC. 2024-2025 meeting

Each item below shows how the 424 asset managers that disclosed a MACY'S 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: Deirdre P. Connelly

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 172,482,069AGAINST: 14,490,946
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Deirdre P. Connelly

MACY'S INC.’s own tally for this item (“Elect Director: Deirdre P. Connelly”): 172,482,069 for, 14,490,946 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% 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: 88 asset managers voting on “Election of directors: Deirdre P. Connelly” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,02913 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO684,2593,249 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust336,61520,113 00Mixed
Victory Capital321,9480 00For
State Street286,97012 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,050,759 for, 270,464 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Deirdre P. Connelly” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP01,327,556 00Against
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 400 for, 1,327,556 against.

2. Elect Director: Douglas W. Sesler

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%
FOR: 166,230,863AGAINST: 20,547,917
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Douglas W. Sesler

MACY'S INC.’s own tally for this item (“Elect Director: Douglas W. Sesler”): 166,230,863 for, 20,547,917 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 89% 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: 88 asset managers voting on “Election of directors: Douglas W. Sesler” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,02419 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity4,574,6847,945,569 00Mixed
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco0650,838 00Against
AQR581,2520 00For
Jackson National536,5630 00For
Equitable392,59833,600 00Mixed
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 90,578,791 for, 8,742,432 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Douglas W. Sesler” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

3. Elect Director: Emilie Arel

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,801,469AGAINST: 5,132,081
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Emilie Arel

MACY'S INC.’s own tally for this item (“Elect Director: Emilie Arel”): 181,801,469 for, 5,132,081 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Emilie Arel” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0385 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,208,812 for, 112,411 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Emilie Arel” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

4. Elect Director: Jill Granoff

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,924,998AGAINST: 5,050,835
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Jill Granoff

MACY'S INC.’s own tally for this item (“Elect Director: Jill Granoff”): 181,924,998 for, 5,050,835 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Jill Granoff” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0385 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,271,218 for, 50,005 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Jill Granoff” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

5. Elect Director: Marie Chandoha

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%
FOR: 165,616,003AGAINST: 21,352,252
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Marie Chandoha

MACY'S INC.’s own tally for this item (“Elect Director: Marie Chandoha”): 165,616,003 for, 21,352,252 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 89% 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: 88 asset managers voting on “Election of directors: Marie Chandoha” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,667,0254,018 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,290,953229,300 00For
American Century8,108,0880 00For
Charles Schwab02,752,729 00Against
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II3,771733,088 00Against
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust40,128316,600 00Mixed
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 94,224,428 for, 5,096,795 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Marie Chandoha” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

6. Elect Director: Naveen K. Chopra

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,613,147AGAINST: 5,063,211
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Naveen K. Chopra

MACY'S INC.’s own tally for this item (“Elect Director: Naveen K. Chopra”): 181,613,147 for, 5,063,211 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Naveen K. Chopra” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0385 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,261,670 for, 59,553 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Naveen K. Chopra” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

7. Elect Director: Paul C. Varga

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 173,079,288AGAINST: 13,986,924
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Paul C. Varga

MACY'S INC.’s own tally for this item (“Elect Director: Paul C. Varga”): 173,079,288 for, 13,986,924 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% 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: 88 asset managers voting on “Election of directors: Paul C. Varga” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,02913 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO684,2593,249 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust336,61520,113 00Mixed
Victory Capital321,9480 00For
State Street286,97012 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,167,354 for, 153,868 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Paul C. Varga” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP01,327,556 00Against
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 400 for, 1,327,556 against.

8. Elect Director: Richard Clark

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 182,242,148AGAINST: 4,843,369
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Richard Clark

MACY'S INC.’s own tally for this item (“Elect Director: Richard Clark”): 182,242,148 for, 4,843,369 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Richard Clark” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0385 00For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,271,218 for, 50,005 against, 50,741 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Richard Clark” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

9. Elect Director: Richard L. Markee

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,480,535AGAINST: 5,564,456
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Richard L. Markee

MACY'S INC.’s own tally for this item (“Elect Director: Richard L. Markee”): 181,480,535 for, 5,564,456 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Richard L. Markee” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0375 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,271,217 for, 50,005 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Richard L. Markee” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

10. Elect Director: Robert B. Chavez

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,819,260AGAINST: 5,119,214
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Robert B. Chavez

MACY'S INC.’s own tally for this item (“Elect Director: Robert B. Chavez”): 181,819,260 for, 5,119,214 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Robert B. Chavez” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0385 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,271,218 for, 50,005 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Robert B. Chavez” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

11. Elect Director: Tony Spring

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 174,594,308AGAINST: 12,605,083
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Tony Spring

MACY'S INC.’s own tally for this item (“Elect Director: Tony Spring”): 174,594,308 for, 12,605,083 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% 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: 88 asset managers voting on “Election of directors: Tony Spring” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,03112 00For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,97210 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,260,552 for, 60,671 against, 50,741 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Tony Spring” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

12. Elect Director: Torrence N. Boone

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,524,936AGAINST: 5,431,450
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Torrence N. Boone

MACY'S INC.’s own tally for this item (“Elect Director: Torrence N. Boone”): 181,524,936 for, 5,431,450 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Torrence N. Boone” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0385 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,261,670 for, 59,553 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Torrence N. Boone” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

13. Elect Director: Tracey Zhen

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 181,916,012AGAINST: 5,033,950
Details: description as filed, official tally, votes by 91 asset managers

Description as filed by funds: Election of directors: Tracey Zhen

MACY'S INC.’s own tally for this item (“Elect Director: Tracey Zhen”): 181,916,012 for, 5,033,950 against, per its Form 8-K filed May 20, 2025 (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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% 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: 88 asset managers voting on “Election of directors: Tracey Zhen” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,671,0384 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,9820 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 88 managers: 99,271,218 for, 50,004 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “Election of directors: Tracey Zhen” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

14. 3. The advisory vote to approve named executive officer compensation

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

Combines 9 wordings of this item as funds reported it.

89% Approved · of votes cast

FOR 89%
FOR: 165,972,672AGAINST: 20,847,611
Details: description as filed, official tally, votes by 423 asset managers

Description as filed by funds: Advisory vote to approve named executive officer compensation.

MACY'S INC.’s own tally for this item (“3. The advisory vote to approve named executive officer compensation”): 165,972,672 for, 20,847,611 against — passed, per its Form 8-K filed May 20, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Shareholders approved the advisory vote to approve named executive officer compensation, as follows:”
Support: 89% 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: 89 asset managers voting on “Advisory vote to approve named executive officer compensation.” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,662,8998,143 10For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO687,5080 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,798184 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 89 managers: 98,956,606 for, 364,781 against, 50,742 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 359 asset managers voting on “Advisory vote to approve named executive officer compensation.” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity10,997,1410 00For
American Century8,418,0730 00For
BlackRock6,337,9632,471 00For
State Street5,555,259184 00For
GEODE CAPITAL MANAGEMENT, LLC4,879,1990 00For
SCHRODER INVESTMENT MANAGEMENT GROUP04,130,436 00Against
Charles Schwab2,755,6460 00For
DE Shaw2,967,8400 00For
LSV ASSET MANAGEMENT2,765,2050 00For
COOPER CREEK PARTNERS MANAGEMENT LLC2,545,3520 00For
Northern Trust2,088,0610 00For
AQR1,518,6590 00For
Invenomic Capital Management LP1,451,2890 00For
Invesco1,441,8140 00For
Dimensional1,428,9000 00For
MELLON INVESTMENTS Corp1,417,7310 00For
RWC Asset Management LLP01,327,556 00Against
Capital Group7141,275,000 00Against
MARSHALL WACE, LLP1,086,8660 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,082,4810 00For
CANADA PENSION PLAN INVESTMENT BOARD959,6000 00For
Vanguard849,1450 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP724,03312,786 00For
SEI703,46625,900 00For
JPMorgan716,4730 00For

Institutional-manager reports, all 359 managers: 73,870,850 for, 9,460,172 against, 1,553 abstained, 221,816 not voted. Showing the 25 largest; see all in the interactive database.

15. 2. The appointment of KPMG LLP as Macy's, Inc.'s independent registered public accounting firm for the fiscal year…

Official resultFund totals may overlapAUDIT-RELATEDReported outcome: Approved

Combines 5 wordings of this item as funds reported it.

95% Approved · of votes cast

FOR 95%
FOR: 204,965,234AGAINST: 10,704,727
Details: description as filed, official tally, votes by 92 asset managers

Description as filed by funds: RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

MACY'S INC.’s own tally for this item (“2. The appointment of KPMG LLP as Macy's, Inc.'s independent registered public accounting firm for the fiscal year ending January 31, 2026”): 204,965,234 for, 10,704,727 against — passed, per its Form 8-K filed May 20, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Shareholders ratified the appointment of KPMG LLP as Macy's, Inc.'s independent registered public accounting firm for the fiscal year ending January 31, 2026, as follows:”
Support: 95% 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: 89 asset managers voting on “RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard31,667,0364,006 00For
BlackRock14,142,4580 00For
Dimensional13,774,6570 00For
Fidelity12,520,2530 00For
American Century8,108,0880 00For
Charles Schwab2,752,7290 00For
WisdomTree1,393,7620 00For
First Trust1,340,8100 00For
DWS1,163,8960 00For
Royce1,005,0000 00For
NORTHERN LIGHTS FUND TRUST II736,8590 00For
Columbia Threadneedle694,4880 00For
PIMCO684,2593,249 00For
TIAA653,8960 00For
Invesco650,8380 00For
AQR581,2520 00For
Jackson National536,5630 00For
Equitable426,1980 00For
JPMorgan390,1720 00For
TRI-CONTINENTAL Corp375,0000 00For
Bridge Builder Trust356,7280 00For
Victory Capital321,9480 00For
State Street286,97012 00For
Pacific Life238,6000 00For
John Hancock234,3700 00For

Fund voting reports, all 89 managers: 99,251,714 for, 69,674 against, 50,741 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 2 asset managers voting on “RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.” at MACY'S INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP1,327,5560 00For
MARCO INVESTMENT MANAGEMENT LLC4000 00For

Institutional-manager reports, all 2 managers: 1,327,956 for.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 15, 2026, which belongs to the 2025-2026 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 MACY'S INC. shareholders voting in 2024-2025

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 277,690,000 shares outstanding at the time of that meeting.

Fund voting reports: top MACY'S INC. shareholders by shares voted on “Advisory vote to approve named executive officer compensation.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 11.41%
2BlackRock 5.09%
3Dimensional 4.96%
4Fidelity 4.51%
5American Century 2.92%
6Charles Schwab 0.99%
7WisdomTree 0.50%
8First Trust 0.48%
9DWS 0.42%
10Royce 0.36%
Institutional-manager reports: top MACY'S INC. shareholders by shares voted on “Advisory vote to approve named executive officer compensation.”, 2024-2025
#Asset manager % of shares outstanding
1Fidelity 3.96%
2American Century 3.03%
3BlackRock 2.28%
4State Street 2.00%
5GEODE CAPITAL MANAGEMENT, LLC 1.76%
6SCHRODER INVESTMENT MANAGEMENT GROUP 1.49%
7Charles Schwab 1.07%
8DE Shaw 1.07%
9LSV ASSET MANAGEMENT 1.00%
10COOPER CREEK PARTNERS MANAGEMENT LLC 0.92%

Reported MACY'S 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.

MACY'S INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 11.51% 13F
BlackRock 10.91% 13F
Dimensional Fund Advisors 5.75% 13F
Vanguard Portfolio Management 4.96% 13G
FMR (Fidelity) 4.48% 13F
State Street 3.38% 13F
D.E. Shaw 1.41% 13F
BNY Mellon 1.16% 13F
Norges Bank 1.08% 13F

Percentages above are of 277,690,000 shares outstanding, as reported by MACY'S INC. on its Form 10-K dated February 1, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 MACY'S INC.’s 10-K dated February 1, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At MACY'S INC.'s shareholder meeting held May 16, 2025, in the 2024-2025 proxy season, 424 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 5,944 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve named executive officer compensation. — MACY'S INC.'s filing reports the proposal as approved, with 89% 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: MACY'S INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 20, 2025.

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

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