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Compiled from SEC Form N-PX filings and PACKAGING CORPORATION OF AMERICA’s Form 8-K, filed May 12, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.
Meeting of May 7, 2025: 10 items on PACKAGING CORPORATION OF AMERICA’s Form 8-K, filed May 12, 2025: 10 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 PACKAGING CORPORATION OF AMERICA in the interactive database Compare manager voting policies
These tallies are PACKAGING CORPORATION OF AMERICA’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 12, 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: Cheryl K. Beebe | 69,338,428 | 5,275,498 | 174,806 | -- | 6,800,696 | 93% | Not verified | — |
| Elect Director: Duane C. Farrington | 74,563,600 | 174,570 | 100,562 | -- | 6,800,696 | 99.7% | Not verified | — |
| Elect Director: Karen E. Gowland | 73,460,518 | 1,226,083 | 152,131 | -- | 6,800,696 | 98% | Not verified | — |
| Elect Director: Donna A. Harman | 74,568,593 | 174,532 | 95,607 | -- | 6,800,696 | 99.7% | Not verified | — |
| Elect Director: Mark W. Kowlzan | 70,120,526 | 4,615,493 | 102,713 | -- | 6,800,696 | 94% | Not verified | — |
| Elect Director: Robert C. Lyons | 72,035,745 | 2,702,555 | 100,432 | -- | 6,800,696 | 96% | Not verified | — |
| Elect Director: Samuel M. Mencoff | 67,098,598 | 5,707,833 | 2,032,301 | -- | 6,800,696 | 92% | Not verified | — |
| Elect Director: Roger B. Porter | 64,959,709 | 7,842,625 | 2,036,398 | -- | 6,800,696 | 89% | Not verified | — |
| Elect Director: Thomas S. Souleles | 71,181,010 | 3,552,040 | 105,682 | -- | 6,800,696 | 95% | Not verified | — |
| Elect Director: Paul T. Stecko | 72,000,522 | 2,736,586 | 101,624 | -- | 6,800,696 | 96% | Not verified | — |
Source: PACKAGING CORPORATION OF AMERICA, Form 8-K, filed with the SEC on May 12, 2025 — read the filing on EDGAR.
Each item below shows how the 729 asset managers that disclosed a PACKAGING CORPORATION OF AMERICA 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PACKAGING CORPORATION OF AMERICA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 5 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Cheryl K. Beebe
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Cheryl K. Beebe”): 69,338,428 for, 5,275,498 against, per its Form 8-K filed May 12, 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 139 asset managers below reported 34,967,823 for, 1,030,876 against, 122,811 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,216 | 5 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 472 | 981,403 | 0 | 0 | Against |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 110,929 | 19,600 | 0 | 0 | Mixed |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 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: Donna A. Harman
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Donna A. Harman”): 74,568,593 for, 174,532 against, per its Form 8-K filed May 12, 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 139 asset managers below reported 36,071,702 for, 5,739 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,221 | 0 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 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: Duane C. Farrington
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Duane C. Farrington”): 74,563,600 for, 174,570 against, per its Form 8-K filed May 12, 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 139 asset managers below reported 36,076,562 for, 879 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,221 | 0 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Karen E. Gowland
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Karen E. Gowland”): 73,460,518 for, 1,226,083 against, per its Form 8-K filed May 12, 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: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 139 asset managers below reported 36,041,543 for, 35,898 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,220 | 1 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 6 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Mark W. Kowlzan
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Mark W. Kowlzan”): 70,120,526 for, 4,615,493 against, per its Form 8-K filed May 12, 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: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 139 asset managers below reported 36,045,731 for, 31,710 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,217 | 4 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 5 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Paul T. Stecko
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Paul T. Stecko”): 72,000,522 for, 2,736,586 against, per its Form 8-K filed May 12, 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: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 139 asset managers below reported 36,051,901 for, 25,540 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,218 | 3 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 5 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Robert C. Lyons
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Robert C. Lyons”): 72,035,745 for, 2,702,555 against, per its Form 8-K filed May 12, 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: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 139 asset managers below reported 35,988,407 for, 89,034 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,218 | 3 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | Mixed |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 5 wordings of this item as funds reported it.
89% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Roger B. Porter
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Roger B. Porter”): 64,959,709 for, 7,842,625 against, per its Form 8-K filed May 12, 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.
The 139 asset managers below reported 34,288,316 for, 1,789,123 against, 44,071 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,180,542 | 2,677 | 2 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 472 | 981,403 | 0 | 0 | Against |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 0 | 329,398 | 0 | 0 | Against |
| Jackson National | 237,287 | 65,072 | 0 | 0 | Mixed |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | Mixed |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 110,929 | 19,600 | 0 | 0 | Mixed |
| WisdomTree | 0 | 130,487 | 0 | 0 | Against |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,362 | 441 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 6 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Samuel M. Mencoff
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Samuel M. Mencoff”): 67,098,598 for, 5,707,833 against, per its Form 8-K filed May 12, 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.
The 139 asset managers below reported 34,872,148 for, 1,205,291 against, 44,071 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,214 | 5 | 2 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 472 | 981,403 | 0 | 0 | Against |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | Mixed |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 110,929 | 19,600 | 0 | 0 | Mixed |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 6 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Thomas S. Souleles
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Thomas S. Souleles”): 71,181,010 for, 3,552,040 against, per its Form 8-K filed May 12, 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: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 139 asset managers below reported 35,947,705 for, 129,736 against, 44,069 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,180,547 | 2,673 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | Mixed |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Combines 5 wordings of this item as funds reported it.
95% Fund and manager reports combined; may count the same shares twice · no official result
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). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,180,548 | 2,673 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 0 | 1,321,344 | 0 | 0 | Against |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 130,657 | 6,043 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 77,477 | 53,052 | 0 | 0 | Mixed |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,362 | 441 | 44,069 | 0 | Mixed |
Fund voting reports, all 132 managers: 34,541,596 for, 1,495,396 against, 44,069 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 3,266,824 | 973 | 0 | 0 | For |
| Charles Schwab | 3,190,852 | 0 | 0 | 0 | For |
| Fidelity | 2,823,923 | 0 | 0 | 0 | For |
| T. Rowe Price | 2,760,905 | 0 | 0 | 0 | For |
| State Street | 2,362,437 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,317,197 | 0 | 0 | 0 | For |
| Victory Capital | 1,366,227 | 0 | 0 | 0 | For |
| Invesco | 1,298,744 | 0 | 0 | 0 | For |
| Boston Partners | 1,249,619 | 0 | 0 | 0 | For |
| Capital Group | 1,230,639 | 0 | 0 | 0 | For |
| American Century | 0 | 964,955 | 0 | 0 | Against |
| Northern Trust | 857,401 | 0 | 0 | 0 | For |
| Two Sigma | 701,735 | 0 | 0 | 0 | For |
| Select Equity Group, L.P. | 687,199 | 0 | 0 | 0 | For |
| Vanguard | 575,368 | 0 | 0 | 0 | For |
| BALYASNY ASSET MANAGEMENT L.P. | 537,189 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 493,274 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 455,617 | 0 | 0 | 0 | For |
| MARSHALL WACE, LLP | 449,184 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 435,992 | 0 | 0 | 0 | For |
| Point72 | 431,363 | 0 | 0 | 0 | For |
| AQR | 420,512 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 5,186 | 354,298 | 0 | 0 | Against |
| AMERIPRISE FINANCIAL INC | 352,940 | 0 | 0 | 0 | For |
| Nuveen | 342,027 | 0 | 0 | 0 | For |
Institutional-manager reports, all 623 managers: 39,164,589 for, 2,650,166 against, 108,378 abstained, 5,661 not voted. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.8% of fund votes cast · no official result
The 133 asset managers below reported 35,936,831 for, 63,637 against, 44,069 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,220 | 1 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| JPMorgan | 1,067,536 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | Mixed |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | Mixed |
Showing the 25 largest of 133 asset managers. See all 133 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of May 8, 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 89,980,004 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 12.43% |
| 2 | BlackRock | 4.41% |
| 3 | Charles Schwab | 3.53% |
| 4 | Fidelity | 3.14% |
| 5 | American Century | 1.47% |
| 6 | Columbia Threadneedle | 1.45% |
| 7 | Capital Group | 1.37% |
| 8 | Invesco | 1.27% |
| 9 | Victory Capital | 1.22% |
| 10 | JPMorgan | 1.19% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 3.63% |
| 2 | Charles Schwab | 3.55% |
| 3 | Fidelity | 3.14% |
| 4 | T. Rowe Price | 3.07% |
| 5 | State Street | 2.63% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.58% |
| 7 | Victory Capital | 1.52% |
| 8 | Invesco | 1.44% |
| 9 | Boston Partners | 1.39% |
| 10 | Capital Group | 1.37% |
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 |
|---|---|---|
| Vanguard Group | 12.26% | 13F |
| BlackRock | 10.07% | 13F |
| State Street | 4.51% | 13F |
| Charles Schwab | 3.64% | 13F |
| JPMorgan Chase | 3.38% | 13F |
| T. Rowe Price | 2.63% | 13F |
| Invesco | 1.53% | 13F |
| Morgan Stanley | 1.48% | 13F |
| Dimensional Fund Advisors | 1.39% | 13F |
Percentages above are of 89,980,004 shares outstanding, as reported by PACKAGING CORPORATION OF AMERICA on its Form 10-Q dated May 2, 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 PACKAGING CORPORATION OF AMERICA’s 10-Q dated May 2, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.
At PACKAGING CORPORATION OF AMERICA's shareholder meeting held May 7, 2025, in the 2024-2025 proxy season, 729 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,058 separate fund positions. Their filings are grouped here into 12 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. PACKAGING CORPORATION OF AMERICA's own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Proposal to approve our executive compensation. — the reporting funds and managers cast 95% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.
PACKAGING CORPORATION OF AMERICA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.