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Compiled from SEC Form N-PX filings and MARSH & MCLENNAN COMPANIES INC.’s Form 8-K, filed May 19, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.
Meeting of May 15, 2025: 14 items on MARSH & MCLENNAN COMPANIES INC.’s Form 8-K, filed May 19, 2025: 3 approved · 11 without a stated outcome.
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
Explore MARSH & MCLENNAN COMPANIES INC. in the interactive database Compare manager voting policies
These tallies are MARSH & MCLENNAN COMPANIES INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 19, 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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Anthony K. Anderson | 409,844,928 | 4,730,002 | 259,519 | -- | 28,779,920 | 99% | Not verified | — |
| Elect Director: John Q. Doyle | 411,255,916 | 2,739,629 | 838,904 | -- | 28,779,920 | 99.3% | Not verified | — |
| Elect Director: H. Edward Hanway | 385,129,172 | 28,526,939 | 1,178,338 | -- | 28,779,920 | 93% | Not verified | — |
| Elect Director: Judith Hartmann | 413,496,068 | 1,070,157 | 268,224 | -- | 28,779,920 | 99.7% | Not verified | — |
| Elect Director: Deborah C. Hopkins | 409,750,770 | 4,625,196 | 458,483 | -- | 28,779,920 | 99% | Not verified | — |
| Elect Director: Tamara Ingram | 408,589,808 | 5,984,651 | 259,990 | -- | 28,779,920 | 99% | Not verified | — |
| Elect Director: Jane H. Lute | 413,455,774 | 1,110,484 | 268,191 | -- | 28,779,920 | 99.7% | Not verified | — |
| Elect Director: Steven A. Mills | 383,032,609 | 30,590,863 | 1,210,977 | -- | 28,779,920 | 93% | Not verified | — |
| Elect Director: Morton O. Schapiro | 370,165,912 | 41,999,985 | 2,668,552 | -- | 28,779,920 | 90% | Not verified | — |
| Elect Director: Jan Siegmund | 413,492,356 | 1,005,736 | 336,357 | -- | 28,779,920 | 99.7% | Not verified | — |
| Elect Director: Lloyd M. Yates | 409,221,421 | 5,184,869 | 428,159 | -- | 28,779,920 | 99% | Not verified | — |
| 2. By nonbinding vote, the compensation of the Company's named executive officers, as disclosed in the Company's 2025 Proxy Statement, with the following vote | 375,565,938 | 38,726,601 | 541,910 | -- | 28,779,920 | 91% | Approved | — |
| 3. The selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025, with the following vote | 410,907,552 | 31,304,997 | 1,401,820 | -- | -- | 93% | Approved | — |
| 4. The Amended and Restated 2020 Incentive and Stock Award Plan, with the following vote | 406,009,043 | 8,297,160 | 528,246 | -- | 28,779,920 | 98% | Approved | — |
Source: MARSH & MCLENNAN COMPANIES INC., Form 8-K, filed with the SEC on May 19, 2025 — read the filing on EDGAR.
Each item below shows how the 1,155 asset managers that disclosed a MARSH & MCLENNAN COMPANIES 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.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Anthony K. Anderson
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Anthony K. Anderson”): 409,844,928 for, 4,730,002 against, per its Form 8-K filed May 19, 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: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,971,151 for, 689 against, 36,839 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,099 | 2 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Deborah C. Hopkins
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Deborah C. Hopkins”): 409,750,770 for, 4,625,196 against, per its Form 8-K filed May 19, 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: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,935,907 for, 35,919 against, 36,853 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,099 | 2 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: H. Edward Hanway
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: H. Edward Hanway”): 385,129,172 for, 28,526,939 against, per its Form 8-K filed May 19, 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.
The 185 asset managers below reported 197,172,697 for, 781,222 against, 54,660 abstained, 100 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,669,845 | 12,255 | 1 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,552 | 89 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,068,269 | 19,535 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Jan Siegmund
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Jan Siegmund”): 413,492,356 for, 1,005,736 against, per its Form 8-K filed May 19, 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: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,970,290 for, 1,544 against, 36,844 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,100 | 0 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Jane H. Lute
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Jane H. Lute”): 413,455,774 for, 1,110,484 against, per its Form 8-K filed May 19, 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: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,955,850 for, 15,990 against, 36,840 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,100 | 0 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: John Q. Doyle
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: John Q. Doyle”): 411,255,916 for, 2,739,629 against, per its Form 8-K filed May 19, 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: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,971,588 for, 212 against, 36,878 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,099 | 1 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,606 | 35 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Judith Hartmann
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Judith Hartmann”): 413,496,068 for, 1,070,157 against, per its Form 8-K filed May 19, 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: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,954,066 for, 17,773 against, 36,840 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,100 | 0 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Lloyd M. Yates
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Lloyd M. Yates”): 409,221,421 for, 5,184,869 against, per its Form 8-K filed May 19, 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: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,955,726 for, 16,103 against, 36,851 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,099 | 2 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,606 | 35 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
90% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Morton O. Schapiro
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Morton O. Schapiro”): 370,165,912 for, 41,999,985 against, per its Form 8-K filed May 19, 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: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 195,004,755 for, 2,949,063 against, 54,761 abstained, 100 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,551,635 | 130,465 | 1 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,824,240 | 6,041 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,552 | 89 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 0 | 1,210,000 | 0 | 0 | Against |
| Bridge Builder Trust | 1,068,269 | 19,535 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Steven A. Mills
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Steven A. Mills”): 383,032,609 for, 30,590,863 against, per its Form 8-K filed May 19, 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.
The 185 asset managers below reported 197,850,837 for, 103,080 against, 54,662 abstained, 100 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,087 | 14 | 1 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,552 | 89 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,068,269 | 19,535 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Tamara Ingram
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“Elect Director: Tamara Ingram”): 408,589,808 for, 5,984,651 against, per its Form 8-K filed May 19, 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: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 185 asset managers below reported 197,927,432 for, 44,408 against, 36,839 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,099 | 2 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.
Combines 11 wordings of this item as funds reported it.
98% Approved · of votes cast
Description as filed by funds: Approval of the Marsh & McLennan Companies, Inc. Amended and Restated 2020 Incentive and Stock Award Plan
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“4. The Amended and Restated 2020 Incentive and Stock Award Plan, with the following vote”): 406,009,043 for, 8,297,160 against — passed, per its Form 8-K filed May 19, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The Company's stockholders approved the Amended and Restated 2020 Incentive and Stock Award Plan, with the following vote:”
Support: 98% 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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,098 | 3 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,641 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 0 | 1,496,268 | 0 | 0 | Against |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Fund voting reports, all 181 managers: 196,119,633 for, 1,598,365 against, 39,351 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Navera Investment Management Ltd. | 1,540,648 | 0 | 0 | 0 | For |
| Union Investment Privatfonds GmbH | 453,235 | 0 | 0 | 0 | For |
| Close Asset Management Ltd | 228,990 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 135,955 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 123,286 | 0 | 0 | 0 | For |
| Wesleyan Assurance Society | 81,926 | 0 | 0 | 0 | For |
| iA Global Asset Management Inc. | 59,931 | 0 | 0 | 0 | For |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | 37,774 | 0 | 0 | 0 | For |
| OSSIAM | 25,398 | 0 | 0 | 0 | For |
| Union Investment Institutional GmbH | 21,985 | 0 | 0 | 0 | For |
| LOUISBOURG INVESTMENTS INC. | 8,155 | 0 | 0 | 0 | For |
| Boltwood Capital Management | 4,172 | 0 | 0 | 0 | For |
| FAYEZ SAROFIM & CO | 3,850 | 0 | 0 | 0 | For |
| Rodgers Brothers Inc. | 3,250 | 0 | 0 | 0 | For |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma | 3,066 | 0 | 0 | 0 | For |
| R. W. Roge & Company, Inc. | 1,000 | 0 | 0 | 0 | For |
| ALGERT GLOBAL LLC | 920 | 0 | 0 | 0 | For |
| LEAVELL INVESTMENT MANAGEMENT, INC. | 0 | 0 | 0 | 0 | -- |
| MITCHELL & PAHL PRIVATE WEALTH, LLC | 743 | 0 | 0 | 0 | For |
| HARBOUR INVESTMENT MANAGEMENT LLC | 128 | 0 | 0 | 0 | For |
| Renaissance Investment Group LLC | 100 | 0 | 0 | 0 | For |
| KKM Financial LLC | 63 | 0 | 0 | 0 | For |
| Williamson Legacy Group, LLC | 61 | 0 | 0 | 0 | For |
| Ballew Advisors, Inc | 46 | 0 | 0 | 0 | For |
| ESL Trust Services, LLC | 43 | 0 | 0 | 0 | For |
Institutional-manager reports, all 29 managers: 2,734,806 for, 6 abstained, 873 unknown. Showing the 25 largest; see all in the interactive database.
Combines 22 wordings of this item as funds reported it.
91% Approved · of votes cast
Description as filed by funds: Advisory (Nonbinding) Vote to Approve Named Executive Officer Compensation
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“2. By nonbinding vote, the compensation of the Company's named executive officers, as disclosed in the Company's 2025 Proxy Statement, with the following vote”): 375,565,938 for, 38,726,601 against — passed, per its Form 8-K filed May 19, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The Company's stockholders approved, by nonbinding vote, the compensation of the Company's named executive officers, as disclosed in the Company's 2025 Proxy Statement, with the following vote:”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of MARSH & MCLENNAN COMPANIES INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Say on Pay” (5 managers, 9,508 for).
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,682,084 | 17 | 0 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,820,396 | 9,885 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,643,318 | 12,500 | 0 | 0 | For |
| State Street | 5,384,145 | 496 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 0 | 3,229,817 | 0 | 0 | Against |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,817 | 0 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,068,269 | 19,535 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Fund voting reports, all 182 managers: 192,887,260 for, 4,878,272 against, 36,850 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 36,644,214 | 0 | 0 | 0 | For |
| Fidelity | 19,932,515 | 0 | 0 | 0 | For |
| BlackRock | 17,294,689 | 301,555 | 0 | 0 | For |
| State Street | 13,129,149 | 246,234 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 12,342,640 | 0 | 0 | 0 | For |
| Wellington | 11,799,476 | 0 | 0 | 0 | For |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 11,659,698 | 0 | 0 | 0 | For |
| T. Rowe Price | 9,190,074 | 47,582 | 0 | 0 | For |
| UBS | 6,439,734 | 36,830 | 0 | 0 | For |
| Mawer Investment Management Ltd. | 0 | 5,555,909 | 0 | 0 | Against |
| Capital Research Global Investors | 5,161,178 | 0 | 0 | 0 | For |
| Northern Trust | 4,893,722 | 116,061 | 0 | 0 | For |
| Nuveen | 880 | 4,371,030 | 0 | 0 | Against |
| Amundi | 130,451 | 3,034,273 | 0 | 0 | Against |
| Artisan | 3,154,885 | 0 | 0 | 0 | For |
| Vanguard | 3,018,320 | 0 | 0 | 0 | For |
| Clearbridge Investments, LLC | 2,933,772 | 13,167 | 0 | 0 | For |
| Charles Schwab | 2,850,220 | 0 | 0 | 0 | For |
| PRIMECAP MANAGEMENT CO/CA/ | 2,637,676 | 0 | 0 | 0 | For |
| Parnassus | 2,480,765 | 0 | 0 | 0 | For |
| JPMorgan | 2,427,039 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0 | 2,415,944 | 0 | 0 | Against |
| Invesco | 2,368,816 | 0 | 0 | 0 | For |
| BAHL & GAYNOR INC | 2,307,533 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 71,659 | 2,168,165 | 0 | 0 | Against |
Institutional-manager reports, all 1,002 managers: 242,994,966 for, 30,817,781 against, 19,866 withheld, 17,630 abstained, 63,383 not voted, 873 unknown. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
93% Approved · of votes cast
Description as filed by funds: Ratification of Selection of Independent Registered Public Accounting Firm
MARSH & MCLENNAN COMPANIES INC.’s own tally for this item (“3. The selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025, with the following vote”): 410,907,552 for, 31,304,997 against — passed, per its Form 8-K filed May 19, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The Company's stockholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025, with the following vote:”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of MARSH & MCLENNAN COMPANIES INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Appointment of Independent Auditors” (13 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 184 asset managers below reported 197,528,747 for, 316,417 against, 36,915 abstained, 100 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 54,669,845 | 12,256 | 1 | 0 | For |
| Capital Group | 36,662,067 | 0 | 0 | 0 | For |
| Fidelity | 26,880,270 | 0 | 0 | 0 | For |
| BlackRock | 14,830,281 | 0 | 0 | 0 | For |
| MFS | 6,504,821 | 0 | 0 | 0 | For |
| T. Rowe Price | 5,655,818 | 0 | 0 | 0 | For |
| State Street | 5,384,552 | 89 | 0 | 0 | For |
| Columbia Threadneedle | 4,610,025 | 0 | 0 | 0 | For |
| TIAA | 3,229,817 | 0 | 0 | 0 | For |
| Charles Schwab | 2,787,788 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,406,485 | 0 | 0 | 0 | For |
| Jensen Quality Growth Fund Inc | 2,327,000 | 0 | 0 | 0 | For |
| Parnassus | 2,227,049 | 0 | 0 | 0 | For |
| Hartford | 1,545,528 | 289 | 0 | 0 | For |
| American Century | 1,496,268 | 0 | 0 | 0 | For |
| Dimensional | 1,278,913 | 0 | 0 | 0 | For |
| Invesco | 1,232,263 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 1,210,000 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,087,804 | 0 | 0 | 0 | For |
| First Trust | 1,047,807 | 0 | 0 | 0 | For |
| Legg Mason | 1,038,806 | 0 | 0 | 0 | For |
| AMCAP FUND | 1,026,076 | 0 | 0 | 0 | For |
| JPMorgan | 962,593 | 0 | 0 | 0 | For |
| Jackson National | 852,256 | 0 | 0 | 0 | For |
| Prudential/PGIM | 852,207 | 0 | 0 | 0 | For |
Showing the 25 largest of 184 asset managers. See all 184 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of May 16, 2024, which belongs to the 2023-2024 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.
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 493,000,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 11.09% |
| 2 | Capital Group | 7.44% |
| 3 | Fidelity | 5.45% |
| 4 | BlackRock | 3.01% |
| 5 | MFS | 1.32% |
| 6 | T. Rowe Price | 1.15% |
| 7 | State Street | 1.09% |
| 8 | Columbia Threadneedle | 0.94% |
| 9 | TIAA | 0.66% |
| 10 | Charles Schwab | 0.57% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Capital Group | 7.43% |
| 2 | Fidelity | 4.04% |
| 3 | BlackRock | 3.57% |
| 4 | State Street | 2.71% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.50% |
| 6 | Wellington | 2.39% |
| 7 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.37% |
| 8 | T. Rowe Price | 1.87% |
| 9 | UBS | 1.31% |
| 10 | Mawer Investment Management Ltd. | 1.13% |
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.
| Holder | % outstanding | Disclosure |
|---|---|---|
| The Vanguard Group | 8.88% | DEF14A |
| Blackrock, Inc. | 8.32% | DEF14A |
| FMR (Fidelity) | 4.49% | 13F |
| State Street | 4.36% | 13F |
| Wellington Management | 2.60% | 13F |
| T. Rowe Price | 1.73% | 13F |
| Morgan Stanley | 1.39% | 13F |
| Norges Bank | 1.23% | 13F |
Percentages above are of 493,000,000 shares outstanding, as reported by MARSH & MCLENNAN COMPANIES INC. on its Form 10-Q dated March 31, 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.
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 MARSH & MCLENNAN COMPANIES INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.
At MARSH & MCLENNAN COMPANIES INC.'s shareholder meeting held May 15, 2025, in the 2024-2025 proxy season, 1,155 asset managers reported how they voted on 14 ballot items in their SEC Form N-PX filings, covering 16,339 separate fund positions. On the most widely held item on that ballot — Advisory (Nonbinding) Vote to Approve Named Executive Officer Compensation — MARSH & MCLENNAN COMPANIES INC.'s filing reports the proposal as approved, with 91% 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: MARSH & MCLENNAN COMPANIES INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 19, 2025.
MARSH & MCLENNAN COMPANIES INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.