Home › Asset managers › Legg Mason › 2023-2024 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Legg Mason voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
1,389 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Legg Mason voted | Funds |
|---|---|---|---|---|---|---|---|
| MICROSOFT CORP. | December 7, 2023 | Report on Data Operations in Human Rights Hotspots | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 19 |
| META PLATFORMS INC. | May 29, 2024 | A shareholder proposal regarding report on child safety impacts and actual harm reduction to children. | Other Social Issues | Shareholder | Against | FOR | 17 |
| META PLATFORMS INC. | May 29, 2024 | A shareholder proposal regarding report on generative AI misinformation and disinformation risks. | Other Social Issues | Shareholder | Against | FOR | 17 |
| META PLATFORMS INC. | May 29, 2024 | To amend Meta Platforms, Inc.'s 2012 Equity Incentive Plan. | Compensation | Board | AGAINST | 17 | |
| UNITED PARCEL SERVICE INC. | May 2, 2024 | To prepare an annual report on the effectiveness of UPS's diversity, equity and inclusion efforts. | Diversity, Equity, and Inclusion | Shareholder | Not determined | FOR | 17 |
| APPLE INC. | February 28, 2024 | A shareholder proposal entitled "Racial and Gender Pay Gaps" | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 16 |
| ABBVIE INC. | May 3, 2024 | Stockholder Proposal - to Issue Annual Report on Lobbying | Other Social Issues | Shareholder | Against | FOR | 12 |
| PIONEER NATURAL RESOURCES CO. | February 7, 2024 | The Advisory Compensation Proposal: To approve, on an advisory basis, the compensation that may be paid or become payable to Pioneer's named executive officers that is based on or otherwise related to the merger. | Say-on-Pay | Board | AGAINST | 12 | |
| AMERICAN TOWER CORP. | May 22, 2024 | To consider a stockholder proposal, if properly presented, regarding disclosure of racial and gender pay gaps. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 11 |
| ELI LILLY AND CO. | May 6, 2024 | Shareholder proposal to publish an annual report disclosing lobbying activities. | Other Social Issues | Shareholder | Against | FOR | 11 |
| ELI LILLY AND CO. | May 6, 2024 | Shareholder proposal to report on effectiveness of the company's diversity, equity, and inclusion efforts. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 11 |
| ORACLE CORP. | November 15, 2023 | Advisory Vote to Approve the Compensation of our Named Executive Officers | Say-on-Pay | Board | AGAINST | 11 | |
| ORACLE CORP. | November 15, 2023 | Approve an Amendment to the Oracle Corporation Amended and Restated 2020 Equity Incentive Plan | Compensation | Board | AGAINST | 11 | |
| ORACLE CORP. | November 15, 2023 | Stockholder Proposal Regarding Pay Gap Report | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 11 |
| JOHNSON & JOHNSON | April 25, 2024 | Advisory Vote to Approve Named Executive Officer Compensation | Say-on-Pay | Board | AGAINST | 10 | |
| MARVELL TECHNOLOGY INC. | June 20, 2024 | An advisory (non-binding) vote to approve compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 10 | |
| WALT DISNEY CO. | April 3, 2024 | Election of Directors for terms ending in 2025. Opposed Company Nominees: Maria Elena Lagomasino | Director Elections | Board | WITHHOLD | 10 | |
| WALT DISNEY CO. | April 3, 2024 | Shareholder Proposal, if properly presented, requesting a political expenditures report | Other Social Issues | Shareholder | Not determined | FOR | 10 |
| ALPHABET INC. | June 7, 2024 | Stockholder proposal regarding a lobbying report | Other Social Issues | Shareholder | Against | FOR | 9 |
| ALPHABET INC. | June 7, 2024 | Stockholder proposal regarding a report on generative Al misinformation and disinformation risks | Other Social Issues | Shareholder | Against | FOR | 9 |
| ALPHABET INC. | June 7, 2024 | Stockholder proposal regarding a report on online safety for children | Other Social Issues | Shareholder | Against | FOR | 9 |
| AMAZON.COM INC. | May 22, 2024 | SHAREHOLDER PROPOSAL REQUESTING A REPORT ON PACKAGING MATERIALS | Environment or Climate | Shareholder | Against | FOR | 9 |
| AMAZON.COM INC. | May 22, 2024 | SHAREHOLDER PROPOSAL REQUESTING A REPORT ON WAREHOUSE WORKING CONDITIONS | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 9 |
| AMAZON.COM INC. | May 22, 2024 | SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON GENDER/RACIAL PAY | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 9 |
| APPLE INC. | February 28, 2024 | A shareholder proposal requesting a report on the use of Al | Other Social Issues | Shareholder | Against | FOR | 9 |
| BANK OF AMERICA CORP. | April 24, 2024 | Amending and restating the Bank of America Corporation Equity Plan | Compensation | Board | AGAINST | 9 | |
| RTX CORP. | May 2, 2024 | Shareowner Proposal Requesting a Lobbying Transparency Report | Other Social Issues | Shareholder | Not determined | FOR | 9 |
| WALT DISNEY CO. | April 3, 2024 | Consideration of an advisory vote to approve executive compensation | Say-on-Pay | Board | AGAINST | 9 | |
| AMERICAN INTERNATIONAL GROUP INC. | May 15, 2024 | Advisory Vote to Approve Named Executive Officer Compensation. | Say-on-Pay | Board | AGAINST | 8 | |
| EXXON MOBIL CORP. | May 29, 2024 | Additional Pay Report on Gender and Racial Basis | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 8 |
| NEXTERA ENERGY INC. | May 23, 2024 | A proposal entitled "Board Matrix" requesting a chart of individual Director self-identified gender, race/ethnicity and skills | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 8 |
| BROADCOM INC. | April 22, 2024 | Advisory vote to approve the named executive officer compensation. | Say-on-Pay | Board | AGAINST | 7 | |
| EDISON INTERNATIONAL | April 25, 2024 | Shareholder Proposal Regarding Lobbying | Other Social Issues | Shareholder | Against | FOR | 7 |
| ETSY INC. | June 13, 2024 | Advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 7 | |
| ETSY INC. | June 13, 2024 | Approval of the Etsy, Inc. 2024 Equity Incentive Plan. | Compensation | Board | AGAINST | 7 | |
| NIKE INC. | September 12, 2023 | To consider a shareholder proposal regarding Supplemental Pay Equity Disclosure, if properly presented at the meeting. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 7 |
| STRYKER CORP. | May 9, 2024 | Shareholder Proposal on Transparency in Political Spending. | Other Social Issues | Shareholder | Not determined | FOR | 7 |
| TESLA INC. | June 13, 2024 | A Tesla proposal to approve executive compensation on a non-binding advisory basis. | Say-on-Pay | Board | AGAINST | 7 | |
| TESLA INC. | June 13, 2024 | A Tesla proposal to ratify the 100% performance-based stock option award to Elon Musk that was proposed to and approved by our stockholders in 2018. | Compensation | Board | AGAINST | 7 | |
| TESLA INC. | June 13, 2024 | A stockholder proposal regarding annual reporting on anti-harassment and discrimination efforts, if properly presented. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 7 |
| AMAZON.COM INC. | May 22, 2024 | SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON LOBBYING | Other Social Issues | Shareholder | Against | FOR | 6 |
| ARGENX SE | May 7, 2024 | Approve Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| ARGENX SE | May 7, 2024 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| BANK OF AMERICA CORP. | April 24, 2024 | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution) | Say-on-Pay | Board | AGAINST | 6 | |
| BANK OF AMERICA CORP. | April 24, 2024 | Shareholder proposal requesting disclosure of clean energy financing ratio | Environment or Climate | Shareholder | Against | FOR | 6 |
| BERKSHIRE HATHAWAY INC. | May 4, 2024 | Election of Directors: Susan L. Decker | Director Elections | Board | WITHHOLD | 6 | |
| BERKSHIRE HATHAWAY INC. | May 4, 2024 | Shareholder proposal regarding the reporting on the effectiveness of the Corporation's diversity, equity and inclusion efforts. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 6 |
| CISCO SYSTEMS INC. | December 6, 2023 | Stockholder Proposal - Approval to have Cisco's Board issue a tax transparency report in consideration of the Global Reporting Initiative's Tax Standard. | Other Social Issues | Shareholder | Against | FOR | 6 |
| DOCUSIGN INC. | May 29, 2024 | A stockholder proposal to report on the effectiveness of the Company's diversity, equity, and inclusion efforts, if properly presented at the meeting | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 6 |
| DOCUSIGN INC. | May 29, 2024 | Approval, on an advisory basis, of our named executive officers' compensation | Say-on-Pay | Board | AGAINST | 6 | |
| GENERAL MOTORS CO. | June 4, 2024 | Advisory Approval of Named Executive Officer Compensation | Say-on-Pay | Board | AGAINST | 6 | |
| L3HARRIS TECHNOLOGIES INC. | April 19, 2024 | Shareholder Proposal titled "Transparency in Lobbying" | Other Social Issues | Shareholder | Against | FOR | 6 |
| NETFLIX INC. | June 6, 2024 | Stockholder proposal entitled, "Report on Netflix's Use of Artificial Intelligence," if properly presented at the meeting. | Other Social Issues | Shareholder | Against | FOR | 6 |
| UBER TECHNOLOGIES INC. | May 6, 2024 | Election of Directors: David Trujillo | Director Elections | Board | AGAINST | 6 | |
| ULTRAGENYX PHARMACEUTICAL INC. | June 18, 2024 | Advisory (non-binding) vote to approve the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| VERTEX PHARMACEUTICALS INC. | May 15, 2024 | Shareholder proposal, if properly presented at the meeting, regarding a report on racial and gender pay gaps. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 6 |
| WALT DISNEY CO. | April 3, 2024 | Election of Directors for terms ending in 2025. Opposed Company Nominees: Michael B.G. Froman | Director Elections | Board | WITHHOLD | 6 | |
| AIRBNB INC. | June 5, 2024 | Stockholder proposal regarding political disclosure, if properly presented at the Annual Meeting. | Other Social Issues | Shareholder | Against | FOR | 5 |
| AMERICAN INTERNATIONAL GROUP INC. | May 15, 2024 | Election of Directors: DIANA M. MURPHY | Director Elections | Board | AGAINST | 5 | |
| AMERICAN INTERNATIONAL GROUP INC. | May 15, 2024 | Election of Directors: JOHN G. RICE | Director Elections | Board | AGAINST | 5 | |
| AMERICAN INTERNATIONAL GROUP INC. | May 15, 2024 | Election of Directors: LINDA A. MILLS | Director Elections | Board | AGAINST | 5 | |
| BANK OF NEW YORK MELLON CORP. | April 9, 2024 | Stockholder proposal regarding transperency in lobbying, if properly presented. | Other Social Issues | Shareholder | Against | FOR | 5 |
| BLACK KNIGHT INC. | July 12, 2023 | Approval of a non-binding advisory resolution on the compensation paid to our named executive officers. | Say-on-Pay | Board | AGAINST | 5 | |
| CHARTER COMMUNICATIONS INC. | April 23, 2024 | Approval of the amendment increasing the number of shares in the Company's 2019 Stock Incentive Plan. | Compensation | Board | AGAINST | 5 | |
| CHARTER COMMUNICATIONS INC. | April 23, 2024 | Stockholder proposal regarding lobbying activities. | Other Social Issues | Shareholder | Against | FOR | 5 |
| CHARTER COMMUNICATIONS INC. | April 23, 2024 | Stockholder proposal regarding political expenditures report. | Other Social Issues | Shareholder | Against | FOR | 5 |
| COTY INC. | November 2, 2023 | Approval, on an advisory (non-binding) basis, of the compensation of Coty Inc.'s named executive officers, as disclosed in the proxy statement | Say-on-Pay | Board | AGAINST | 5 | |
| COTY INC. | November 2, 2023 | Election of Directors: Mariasun Aramburuzabala Larregui | Director Elections | Board | WITHHOLD | 5 | |
| COTY INC. | November 2, 2023 | Stockholder proposal regarding a report on plastic packaging reduction | Environment or Climate | Shareholder | Against | FOR | 5 |
| CROWN HOLDINGS INC. | May 2, 2024 | Consideration of a Shareholder's proposal regarding transparency in political spending. | Other Social Issues | Shareholder | Not determined | FOR | 5 |
| ESTEE LAUDER COMPANIES INC. | November 17, 2023 | Advisory vote to approve executive compensation. | Say-on-Pay | Board | AGAINST | 5 | |
| ESTEE LAUDER COMPANIES INC. | November 17, 2023 | Election of five (5) Class II Directors: Angela Wei Dong | Director Elections | Board | WITHHOLD | 5 | |
| ESTEE LAUDER COMPANIES INC. | November 17, 2023 | Election of five (5) Class II Directors: Charlene Barshefsky | Director Elections | Board | WITHHOLD | 5 | |
| ESTEE LAUDER COMPANIES INC. | November 17, 2023 | Election of five (5) Class II Directors: Fabrizio Freda | Director Elections | Board | WITHHOLD | 5 | |
| ESTEE LAUDER COMPANIES INC. | November 17, 2023 | Election of five (5) Class II Directors: Gary M. Lauder | Director Elections | Board | WITHHOLD | 5 | |
| ESTEE LAUDER COMPANIES INC. | November 17, 2023 | Election of five (5) Class II Directors: Jane Lauder | Director Elections | Board | WITHHOLD | 5 | |
| INTUITIVE SURGICAL INC. | April 25, 2024 | The stockholder proposal requesting a racial and gender pay gap report, if properly presented at the Annual Meeting. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 5 |
| LIVE NATION ENTERTAINMENT INC. | June 13, 2024 | To hold an advisory vote on the company's executive compensation; | Say-on-Pay | Board | AGAINST | 5 | |
| LOCKHEED MARTIN CORP. | May 2, 2024 | Stockholder Proposal Requesting a Report on Reducing Full Value Chain GHG Emissions | Environment or Climate | Shareholder | Not determined | FOR | 5 |
| META PLATFORMS INC. | May 29, 2024 | A shareholder proposal regarding human rights impact assessment on AI systems driving targeted advertising. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 5 |
| WALMART INC. | June 5, 2024 | Publication of Targets for Transitioning from Gestation Crates in Pork Supply Chain | Other Social Issues | Shareholder | Against | FOR | 5 |
| ALPHABET INC. | June 7, 2024 | Stockholder proposal regarding a human rights assessment of Al-driven targeted ad policies | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 4 |
| APPLIED MATERIALS INC. | March 7, 2024 | Shareholder proposal requesting that Applied Materials prepare a report disclosing Applied Materials' policy and procedures governing lobbying and payments by Applied Materials used for lobbying. | Other Social Issues | Shareholder | Against | FOR | 4 |
| APPLIED MATERIALS INC. | March 7, 2024 | Shareholder proposal requesting that Applied Materials report on quantitative median and adjusted pay gaps across race and gender. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| BIO-TECHNE CORP. | October 26, 2023 | Approve, on an advisory basis, the compensation of our executive officers. | Say-on-Pay | Board | AGAINST | 4 | |
| CHARLES SCHWAB CORP. | May 23, 2024 | Stockholder Proposal on Pay Equity Disclosure | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| COMCAST CORP. | June 10, 2024 | Election of Directors: Jeffrey A. Honickman | Director Elections | Board | WITHHOLD | 4 | |
| COMCAST CORP. | June 10, 2024 | Election of Directors: Kenneth J. Bacon | Director Elections | Board | WITHHOLD | 4 | |
| COMCAST CORP. | June 10, 2024 | Election of Directors: Madeline S. Bell | Director Elections | Board | WITHHOLD | 4 | |
| CORCEPT THERAPEUTICS INC. | May 17, 2024 | To approve the Corcept Therapeutics Incorporated 2024 Incentive Award Plan. | Compensation | Board | AGAINST | 4 | |
| ELI LILLY AND CO. | May 6, 2024 | Shareholder proposal to adopt a comprehensive human rights policy | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 4 |
| ELI LILLY AND CO. | May 6, 2024 | Shareholder proposal to establish and report on a process by which the impact of extended patent exclusivities on product access would be considered in deciding whether to apply for secondary and tertiary patents. | Other Social Issues | Shareholder | Against | FOR | 4 |
| EXXON MOBIL CORP. | May 29, 2024 | Advisory Vote to Approve Executive Compensation | Say-on-Pay | Board | AGAINST | 4 | |
| FERGUSON PLC | May 30, 2024 | RESOLVED, that, on an advisory basis, the board of directors (the "New TopCo Board") of Ferguson Enterprises Inc. ("New TopCo") be, and is hereby, authorized to issue up to 100,000 shares of preferred stock of New TopCo, par value $0.0001 per share, in one or more series, with such terms and conditions and at such future dates as may be expressly determined by the New TopCo Board and as may be permitted by the Delaware General Corporation Law, as in effect from time to time. | Capital Structure | Board | AGAINST | 4 | |
| GOLDMAN SACHS GROUP INC. | April 24, 2024 | Shareholder Proposal Regarding Pay Equity Reporting | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| GOLDMAN SACHS GROUP INC. | April 24, 2024 | Shareholder Proposal Regarding a Transparency In Lobbying Report | Other Social Issues | Shareholder | Against | FOR | 4 |
| HOME DEPOT INC. | May 16, 2024 | Election of Directors: Jeffery H. Boyd | Director Elections | Board | AGAINST | 4 | |
| HOME DEPOT INC. | May 16, 2024 | Shareholder Proposal Regarding Political Contributions Congruency Analysis | Other Social Issues | Shareholder | Against | FOR | 4 |
| HOME DEPOT INC. | May 16, 2024 | Shareholder Proposal Regarding a Report on Biodiversity Impact and Dependency Assessment | Environment or Climate | Shareholder | Against | FOR | 4 |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 30, 2024 | Stockholder Proposal Requesting a Public Report on Climate Lobbying | Environment or Climate | Shareholder | Against | FOR | 4 |
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Built October 25, 2026 from SEC Form N-PX filings.