Home › Asset managers › Northern Trust › 2025-2026 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Northern Trust 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
6,093 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Northern Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| Tele2 AB | May 18, 2026 | Reelect Thomas Reynaud as Director | Director Elections | Board | AGAINST | 7 | |
| Tencent Holdings Limited | May 13, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 7 | |
| Tencent Holdings Limited | May 13, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 7 | |
| Tencent Holdings Limited | May 13, 2026 | Elect Jacobus Petrus (Koos) Bekker as Director | Director Elections | Board | AGAINST | 7 | |
| UniCredit SpA | March 31, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 7 | |
| UniCredit SpA | March 31, 2026 | Authorize Board to Increase Capital to Service the 2022 Group Incentive System | Compensation | Board | AGAINST | 7 | |
| Visa Inc. | January 27, 2026 | To elect the eleven director nominees named in the proxy statement: William Ready | Director Elections | Board | AGAINST | 7 | |
| Wells Fargo & Company | April 28, 2026 | Advisory resolution to approve executive compensation (Say on Pay). | Say-on-Pay | Board | AGAINST | 7 | |
| Wells Fargo & Company | April 28, 2026 | Shareholder Proposal - Energy Supply Ratio. | Environment or Climate | Shareholder | Against | FOR | 7 |
| ADOBE INC. | April 15, 2026 | Approve, on an advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| AON PLC | June 26, 2026 | Advisory resolution to approve the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| ARISTA NETWORKS, INC. | May 29, 2026 | Approval, on an advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| Akzo Nobel NV | April 23, 2026 | Approve Supplement to Remuneration Policy in Respect of M.J. de Vries | Compensation | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Fabio Colletti Barbosa as Director | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Fernando Mommensohn Tennenbaum as Director | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Elect Lia Machado de Matos as Director | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Michel Dimitrios Doukeris as Director and Ricardo Tadeu Almeida Cabral de Soares as Alternate (Not Linked to Any Specific Director) | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Milton Seligman as Director and David Henrique Galatro de Almeida as Alternate (Not Linked to Any Specific Director) | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Ricardo Manuel Frangatos Pires Moreira as Director | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | Elect Victorio Carlos De Marchi as Director | Director Elections | Board | AGAINST | 6 | |
| Ambev SA | April 30, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Fabio Colletti Barbosa as Director | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Fernanda Gemael Hoefel as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Fernando Mommensohn Tennenbaum as Director | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Lia Machado de Matos as Director | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Luciana Pires Dias as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Michel Dimitrios Doukeris as Director and Ricardo Tadeu Almeida Cabral de Soares as Alternate (Not Linked to Any Specific Director) | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Milton Seligman as Director and David Henrique Galatro de Almeida as Alternate (Not Linked to Any Specific Director) | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Ricardo Manuel Frangatos Pires Moreira as Director | Director Elections | Board | ABSTAIN | 6 | |
| Ambev SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Victorio Carlos De Marchi as Director | Director Elections | Board | ABSTAIN | 6 | |
| Antero Midstream Corporation | June 3, 2026 | Class I Nominees: W. Howard Keenan, Jr. | Director Elections | Board | WITHHOLD | 6 | |
| Aviva Plc | May 6, 2026 | Re-elect Michael Mire as Director | Director Elections | Board | AGAINST | 6 | |
| BERKSHIRE HATHAWAY INC. | May 2, 2026 | Non-binding resolution to approve the compensation of the Company's Named Executive Officers, as described in the 2026 Proxy Statement. | Say-on-Pay | Board | AGAINST | 6 | |
| BLACKROCK, INC. | May 20, 2026 | Approval, in a non-binding advisory vote, of the compensation for named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| BP Plc | April 23, 2026 | Elect Albert Manifold as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banca Mediolanum SpA | April 16, 2026 | Approve Long Term Incentive Plan 2026-2028 | Compensation | Board | AGAINST | 6 | |
| Banca Mediolanum SpA | April 16, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Bank Leumi Le-Israel B.M. | September 15, 2025 | Elect Anat Peled as Other Director | Director Elections | Board | ABSTAIN | 6 | |
| Bank Leumi Le-Israel B.M. | September 15, 2025 | Elect Eyal Yaniv as External Director | Director Elections | Board | ABSTAIN | 6 | |
| Bentley Systems, Incorporated | May 21, 2026 | Election of Directors: Kirk B. Griswold | Director Elections | Board | WITHHOLD | 6 | |
| Bridgestone Corp. | March 24, 2026 | Elect Director Masuda, Kenichi | Director Elections | Board | AGAINST | 6 | |
| Bridgestone Corp. | March 24, 2026 | Elect Director Scott Trevor Davis | Director Elections | Board | AGAINST | 6 | |
| CHARTER COMMUNICATIONS, INC. | April 21, 2026 | Approval, on an advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| CK Infrastructure Holdings Limited | May 20, 2026 | Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 6 | |
| CORPAY, INC. | May 7, 2026 | Advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 6 | |
| CSL Limited | October 28, 2025 | Approve Conditional Board Spill Resolution | Compensation | Board | AGAINST | 6 | |
| Cellnex Telecom SA | April 29, 2026 | Elect Cynthia Gordon as Director | Director Elections | Board | AGAINST | 6 | |
| Central Japan Railway Co. | June 23, 2026 | Elect Director Niwa, Shunsuke | Director Elections | Board | AGAINST | 6 | |
| Chugai Pharmaceutical Co., Ltd. | March 26, 2026 | Elect Director Okuda, Osamu | Director Elections | Board | AGAINST | 6 | |
| Cochlear Limited | October 23, 2025 | Elect Karen Penrose as Director | Director Elections | Board | AGAINST | 6 | |
| DBS Group Holdings Ltd. | March 31, 2026 | Elect Peter Seah Lim Huat as Director | Director Elections | Board | AGAINST | 6 | |
| DELL TECHNOLOGIES INC. | June 25, 2026 | Approval, on a non-binding, advisory basis, of the compensation of Dell Technologies Inc.'s named executive officers as disclosed in the proxy statement | Say-on-Pay | Board | AGAINST | 6 | |
| Dell Technologies Inc. | June 25, 2026 | Approval of the Redomestication Proposal providing for the redomestication of Dell Technologies Inc. from Delaware to Texas by conversion as disclosed in the proxy statement | Extraordinary Transactions | Board | AGAINST | 6 | |
| Dell Technologies Inc. | June 25, 2026 | Approval, on a non-binding, advisory basis, of the compensation of Dell Technologies Inc.'s named executive officers as disclosed in the proxy statement | Say-on-Pay | Board | AGAINST | 6 | |
| Dell Technologies Inc. | June 25, 2026 | Election of Group I Directors: Ellen J. Kullman | Director Elections | Board | WITHHOLD | 6 | |
| EQT AB | May 12, 2026 | Reelect Gordon Orr as Director | Director Elections | Board | AGAINST | 6 | |
| EQT AB | May 12, 2026 | Reelect Marcus Wallenberg as Director | Director Elections | Board | AGAINST | 6 | |
| Eni SpA | May 6, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Evolution AB | April 24, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Expedia Group, Inc. | June 17, 2026 | Election of Directors: Craig Jacobson | Director Elections | Board | WITHHOLD | 6 | |
| Expedia Group, Inc. | June 17, 2026 | Election of Directors: Dara Khosrowshahi | Director Elections | Board | WITHHOLD | 6 | |
| F5, Inc. | March 12, 2026 | Approve the F5, Inc. 2026 Incentive Award Plan. | Compensation | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Alberto Marone as Director | Director Elections | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Francesco Signoretti as Director | Director Elections | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Gabriella Scapicchio as Director | Director Elections | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Giuseppe Pisani as Director | Director Elections | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Maria Giovanna Calloni as Director | Director Elections | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Micaela Cristina Capelli as Director | Director Elections | Board | AGAINST | 6 | |
| FinecoBank SpA | April 29, 2026 | Elect Stefano Blotto as Director | Director Elections | Board | AGAINST | 6 | |
| Franklin Resources, Inc. | February 3, 2026 | To approve an amendment and restatement of the Company's 2002 Universal Stock Incentive Plan, which includes increasing the number of shares of common stock, par value $0.10 per share, of the Company authorized for issuance under the USIP by an additional 25,000,000 shares. | Compensation | Board | AGAINST | 6 | |
| GRACO INC. | April 24, 2026 | Approval, on an advisory basis, of the compensation paid to our named executive officers as disclosed in the Proxy Statement. | Say-on-Pay | Board | AGAINST | 6 | |
| Guangdong Investment Limited | June 29, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 6 | |
| Guangdong Investment Limited | June 29, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 6 | |
| Guangdong Investment Limited | June 29, 2026 | Elect Chan Cho Chak, John as Director | Director Elections | Board | AGAINST | 6 | |
| Guangdong Investment Limited | June 29, 2026 | Elect Cheng Mo Chi, Moses as Director | Director Elections | Board | AGAINST | 6 | |
| Guangdong Investment Limited | June 29, 2026 | Elect Li Man Bun, Brian David as Director | Director Elections | Board | AGAINST | 6 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Christian Sievert as Director | Director Elections | Board | AGAINST | 6 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Karl-Johan Persson as Board Chair | Director Elections | Board | AGAINST | 6 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Karl-Johan Persson as Director | Director Elections | Board | AGAINST | 6 | |
| HKT Trust and HKT Limited | May 21, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 6 | |
| HKT Trust and HKT Limited | May 21, 2026 | Approve PricewaterhouseCoopers as Auditor of the HKT Trust, the Company and the Trustee-Manager and Authorize Board and Trustee-Manager to Fix Their Remuneration | Audit-related | Board | AGAINST | 6 | |
| HKT Trust and HKT Limited | May 21, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 6 | |
| HOLOGIC, INC. | February 5, 2026 | A proposal to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to the named executive officers of the Company in connection with the transactions contemplated by the merger agreement, including consummation of the merger. | Say-on-Pay | Board | AGAINST | 6 | |
| IONQ, INC. | June 16, 2026 | To approve, on an advisory basis, the compensation of our named executive officers in 2025. | Say-on-Pay | Board | AGAINST | 6 | |
| KDX Realty Investment Corp. | July 25, 2025 | Elect Supervisory Director Yamanaka, Satoru | Director Elections | Board | AGAINST | 6 | |
| Kao Corp. | March 26, 2026 | Approve Trust-Type Equity Compensation Plan | Compensation | Board | AGAINST | 6 | |
| Kering SA | May 28, 2026 | Approve Remuneration Policy of Chairman of the Board | Compensation | Board | AGAINST | 6 | |
| Kering SA | May 28, 2026 | Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans with Performance Conditions Attached | Compensation | Board | AGAINST | 6 | |
| LULULEMON ATHLETICA INC. | June 25, 2026 | Advisory vote to approve the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | An advisory (non-binding) vote to approve compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 6 | |
| Mercedes-Benz Group AG | April 16, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| NVR, Inc. | May 7, 2026 | Shareholder proposal to disclose greenhouse gas emissions. | Environment or Climate | Shareholder | Against | FOR | 6 |
| Nippon Yusen KK | June 17, 2026 | Elect Director Kuwabara, Satoko | Director Elections | Board | AGAINST | 6 | |
| Northern Star Resources Limited | November 18, 2025 | Approve Issuance of FY26 LTI Performance Rights to Stuart Tonkin | Compensation | Board | AGAINST | 6 | |
| Northern Star Resources Limited | November 18, 2025 | Approve Issuance of FY26 STI Performance Rights to Stuart Tonkin | Compensation | Board | AGAINST | 6 | |
| OMNICOM GROUP INC. | May 5, 2026 | Advisory resolution to approve executive compensation. | Say-on-Pay | Board | AGAINST | 6 | |
| Prudential Plc | May 28, 2026 | Re-elect Jeremy Anderson as Director | Director Elections | Board | AGAINST | 6 | |
| RIVIAN AUTOMOTIVE, INC. | June 22, 2026 | Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers in 2025. | Say-on-Pay | Board | AGAINST | 6 | |
| RLJ Lodging Trust | April 24, 2026 | To approve, on a non-binding advisory basis, the compensation of our named executive officers; and | Say-on-Pay | Board | AGAINST | 6 |
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Built October 25, 2026 from SEC Form N-PX filings.