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RAYONIER INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and RAYONIER INC.’s Form 8-K, filed May 15, 2025 (Item 5.07 on EDGAR). Page generated November 1, 2026.

  • 11Ballot items
  • 434Asset managers
  • 3,839Fund votes
  • May 15, 2025Meeting date

Results at a glance

Meeting of May 15, 2025: 11 items on RAYONIER INC.’s Form 8-K, filed May 15, 2025: 11 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 RAYONIER INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by RAYONIER INC.

These tallies are RAYONIER INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 15, 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.

RAYONIER INC. — official shareholder meeting results, meeting held May 15, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Keith Bass 133,288,9713,838,658130,414 --7,546,863 97%Not verified—
Elect Director: Gregg A. Gonsalves 135,964,1031,142,371151,569 --7,546,863 99.1%Not verified—
Elect Director: Scott R. Jones 135,449,3621,679,423129,258 --7,546,863 99%Not verified—
Elect Director: V. Larkin Martin 134,509,6472,608,339140,057 --7,546,863 98%Not verified—
Elect Director: Mark D. McHugh 136,708,310446,359103,374 --7,546,863 99.6%Not verified—
Elect Director: Meridee A. Moore 135,904,7931,246,498106,752 --7,546,863 99.0%Not verified—
Elect Director: Ann C. Nelson 135,771,6661,387,55698,821 --7,546,863 99%Not verified—
Elect Director: Matthew J. Rivers 136,564,554588,727104,762 --7,546,863 99.5%Not verified—
Elect Director: Andrew G. Wiltshire 136,483,563669,064105,416 --7,546,863 99.5%Not verified—
Non-binding Advisory Vote on the Compensation of Our Named Executive Officers 131,872,5525,152,726232,765 --7,546,863 96%Not verified—
Ratification of Independent Registered Public Accounting Firm 143,949,728690,681164,497 ---- 99.5%Not verified—

Source: RAYONIER INC., Form 8-K, filed with the SEC on May 15, 2025 — read the filing on EDGAR.

How asset managers voted at the RAYONIER INC. 2024-2025 meeting

Each item below shows how the 434 asset managers that disclosed a RAYONIER 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: Scott R. Jones

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 135,449,362AGAINST: 1,679,423
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Scott R. Jones

RAYONIER INC.’s own tally for this item (“Elect Director: Scott R. Jones”): 135,449,362 for, 1,679,423 against, per its Form 8-K filed May 15, 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 86 asset managers below reported 65,535,098 for, 32,646 against, 24,531 abstained.

FOR
FOR: 65,535,098AGAINST: 32,646ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Scott R. Jones” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

2. Elect Director: Keith Bass

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 133,288,971AGAINST: 3,838,658
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Keith E. Bass

RAYONIER INC.’s own tally for this item (“Elect Director: Keith Bass”): 133,288,971 for, 3,838,658 against, per its Form 8-K filed May 15, 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.

The 86 asset managers below reported 65,561,968 for, 5,776 against, 24,531 abstained.

FOR
FOR: 65,561,968AGAINST: 5,776ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Keith E. Bass” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

3. Elect Director: Gregg A. Gonsalves

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 135,964,103AGAINST: 1,142,371
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Gregg A. Gonsalves

RAYONIER INC.’s own tally for this item (“Elect Director: Gregg A. Gonsalves”): 135,964,103 for, 1,142,371 against, per its Form 8-K filed May 15, 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: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 86 asset managers below reported 65,561,968 for, 5,776 against, 24,531 abstained.

FOR
FOR: 65,561,968AGAINST: 5,776ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Gregg A. Gonsalves” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

4. Elect Director: V. Larkin Martin

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 134,509,647AGAINST: 2,608,339
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: V. Larkin Martin

RAYONIER INC.’s own tally for this item (“Elect Director: V. Larkin Martin”): 134,509,647 for, 2,608,339 against, per its Form 8-K filed May 15, 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 86 asset managers below reported 65,534,776 for, 32,968 against, 24,531 abstained.

FOR
FOR: 65,534,776AGAINST: 32,968ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: V. Larkin Martin” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,74546 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,622276 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

5. Elect Director: Mark D. McHugh

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 136,708,310AGAINST: 446,359
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Mark D. McHugh

RAYONIER INC.’s own tally for this item (“Elect Director: Mark D. McHugh”): 136,708,310 for, 446,359 against, per its Form 8-K filed May 15, 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: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 86 asset managers below reported 65,562,581 for, 5,163 against, 24,531 abstained.

FOR
FOR: 65,562,581AGAINST: 5,163ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Mark D. McHugh” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

6. Elect Director: Meridee A. Moore

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 135,904,793AGAINST: 1,246,498
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Meridee A. Moore

RAYONIER INC.’s own tally for this item (“Elect Director: Meridee A. Moore”): 135,904,793 for, 1,246,498 against, per its Form 8-K filed May 15, 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: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 86 asset managers below reported 65,540,874 for, 26,870 against, 24,531 abstained.

FOR
FOR: 65,540,874AGAINST: 26,870ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Meridee A. Moore” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

7. Elect Director: Ann C. Nelson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 135,771,666AGAINST: 1,387,556
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Ann C. Nelson

RAYONIER INC.’s own tally for this item (“Elect Director: Ann C. Nelson”): 135,771,666 for, 1,387,556 against, per its Form 8-K filed May 15, 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 86 asset managers below reported 65,561,968 for, 5,776 against, 24,531 abstained.

FOR
FOR: 65,561,968AGAINST: 5,776ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Ann C. Nelson” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

8. Elect Director: Matthew J. Rivers

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 136,564,554AGAINST: 588,727
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Matthew J. Rivers

RAYONIER INC.’s own tally for this item (“Elect Director: Matthew J. Rivers”): 136,564,554 for, 588,727 against, per its Form 8-K filed May 15, 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: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 86 asset managers below reported 65,540,874 for, 26,870 against, 24,531 abstained.

FOR
FOR: 65,540,874AGAINST: 26,870ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Matthew J. Rivers” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

9. Elect Director: Andrew G. Wiltshire

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 136,483,563AGAINST: 669,064
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: Election of Directors: Andrew G. Wiltshire

RAYONIER INC.’s own tally for this item (“Elect Director: Andrew G. Wiltshire”): 136,483,563 for, 669,064 against, per its Form 8-K filed May 15, 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: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 86 asset managers below reported 65,540,261 for, 27,483 against, 24,531 abstained.

FOR
FOR: 65,540,261AGAINST: 27,483ABSTAIN: 24,531
Largest asset managers voting on “Election of Directors: Andrew G. Wiltshire” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

10. Non-binding Advisory Vote on the Compensation of Our Named Executive Officers

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 131,872,552AGAINST: 5,152,726
Details: description as filed, official tally, votes by 434 asset managers

Description as filed by funds: Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in the proxy statement.

RAYONIER INC.’s own tally for this item (“Non-binding Advisory Vote on the Compensation of Our Named Executive Officers”): 131,872,552 for, 5,152,726 against, per its Form 8-K filed May 15, 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.

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: 86 asset managers voting on “Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,7910 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
Empower243,6190 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Fund voting reports, all 86 managers: 65,561,968 for, 5,776 against, 24,531 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 379 asset managers voting on “Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price19,330,8660 00For
BlackRock5,047,308788 00For
IMPAX ASSET MANAGEMENT LLC4,822,4670 00For
Columbia Threadneedle4,203,5520 00For
State Street4,167,9400 00For
PICTET ASSET MANAGEMENT SA3,718,1760 00For
GEODE CAPITAL MANAGEMENT, LLC2,705,2480 00For
Charles Schwab2,481,9730 00For
Victory Capital2,357,4980 00For
Legal & General Investment Management Ltd02,185,123 00Against
JPMorgan2,136,8410 00For
Cohen & Steers1,757,6220 00For
GRS Advisors, LLC1,108,1930 00For
Northern Trust1,080,3320 00For
FULLER & THALER ASSET MANAGEMENT, INC.1,029,3510 00For
Global Alpha Capital Management Ltd.0945,962 00Against
MELLON INVESTMENTS Corp888,7680 00For
Texas County & District Retirement System758,1220 00For
Nuveen718,8420 00For
Invesco636,0130 00For
Point72620,4090 00For
Russell Investments562,3640 00For
Ancora Advisors LLC531,7510 00For
Desjardins Global Asset Management Inc.487,8340 00For
AQR452,5010 00For

Institutional-manager reports, all 379 managers: 70,817,233 for, 3,913,131 against, 945 abstained, 2,916 not voted, 29,632 unknown. Showing the 25 largest; see all in the interactive database.

11. Ratification of Independent Registered Public Accounting Firm

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 143,949,728AGAINST: 690,681
Details: description as filed, official tally, votes by 85 asset managers

Description as filed by funds: Ratification of the appointment of Ernst & Young, LLP as the independent registered public accounting firm for 2025.

RAYONIER INC.’s own tally for this item (“Ratification of Independent Registered Public Accounting Firm”): 143,949,728 for, 690,681 against, per its Form 8-K filed May 15, 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: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 85 asset managers below reported 65,494,929 for, 659 against, 24,531 abstained.

FOR
FOR: 65,494,929AGAINST: 659ABSTAIN: 24,531
Largest asset managers voting on “Ratification of the appointment of Ernst & Young, LLP as the independent registered public accounting firm for” at RAYONIER INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard20,659,3810 00For
T. Rowe Price9,335,8650 00For
Cohen & Steers8,559,2040 00For
BlackRock8,016,9020 00For
Fidelity2,520,1270 00For
Charles Schwab2,481,5820 00For
Victory Capital1,793,0240 00For
JPMorgan1,376,1520 00For
CENTRAL SECURITIES CORP1,201,4740 00For
State Street1,033,74546 00For
John Hancock997,7530 00For
UNDISCOVERED MANAGERS FUNDS891,5450 00For
Bridge Builder Trust879,8980 00For
TIAA582,7450 00For
DWS526,9760 00For
Northern Trust370,2450 00For
IMPAX FUNDS SERIES TRUST I354,2960 00For
THIRD AVENUE TRUST241,8030 00For
Northwestern Mutual221,3150 00For
Jackson National214,1240 00For
Equitable204,7210 00For
Principal192,2000 00For
Empower172,3900 00For
STEWARD FUNDS, INC.172,2580 00For
AIG/SunAmerica170,2090 00For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

Largest RAYONIER 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 156,007,772 shares outstanding at the time of that meeting.

Fund voting reports: top RAYONIER INC. shareholders by shares voted on “Approval, on a non-binding advisory basis, of the compensation of our named executive officers…”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 13.24%
2T. Rowe Price 5.98%
3Cohen & Steers 5.49%
4BlackRock 5.14%
5Fidelity 1.62%
6Charles Schwab 1.59%
7Victory Capital 1.15%
8JPMorgan 0.88%
9CENTRAL SECURITIES CORP 0.77%
10State Street 0.66%
Institutional-manager reports: top RAYONIER INC. shareholders by shares voted on “Approval, on a non-binding advisory basis, of the compensation of our named executive officers…”, 2024-2025
#Asset manager % of shares outstanding
1T. Rowe Price 12.39%
2BlackRock 3.24%
3IMPAX ASSET MANAGEMENT LLC 3.09%
4Columbia Threadneedle 2.69%
5State Street 2.67%
6PICTET ASSET MANAGEMENT SA 2.38%
7GEODE CAPITAL MANAGEMENT, LLC 1.73%
8Charles Schwab 1.59%
9Victory Capital 1.51%
10Legal & General Investment Management Ltd 1.40%

Reported RAYONIER 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.

RAYONIER INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Portfolio Management 16.16% 13G
Cohen & Steers, Inc. 14.21% 13G
Vanguard Group 13.37% 13F
T. Rowe Price 10.88% 13F
BlackRock 10.31% 13F
Norges Bank 8.42% 13F
State Street 3.01% 13F
JPMorgan Chase 1.88% 13F
Charles Schwab 1.67% 13F
Northern Trust 1.01% 13F

Percentages above are of 156,007,772 shares outstanding, as reported by RAYONIER 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.

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 RAYONIER INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on November 1, 2026; a live search always shows the current data.

At RAYONIER INC.'s shareholder meeting held May 15, 2025, in the 2024-2025 proxy season, 434 asset managers reported how they voted on 11 ballot items in their SEC Form N-PX filings, covering 3,839 separate fund positions. On the most widely held item on that ballot — Approval, on a non-binding advisory basis, of the compensation of our named executive officers… — FOR was 96% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: RAYONIER INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 15, 2025.

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

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