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 |
|---|---|---|---|---|---|---|---|
| PotlatchDeltic Corporation | January 27, 2026 | The PotlatchDeltic merger-related compensation proposal: A proposal to approve, on a non-binding advisory basis, the compensation that may be paid or become payable to the named executive officers of PotlatchDeltic in connection with the transactions contemplated by the merger agreement. | Say-on-Pay | Board | AGAINST | 5 | |
| Principal Financial Group, Inc. | May 19, 2026 | Election of Directors: Jocelyn Carter-Miller | Director Elections | Board | AGAINST | 5 | |
| Promotora y Operadora de Infraestructura SAB de CV | April 29, 2026 | Elect or Ratify Directors, Chair of Audit of Committee, Chair of Corporate Practices Committee and Members of Committees | Director Elections | Board | AGAINST | 5 | |
| Promotora y Operadora de Infraestructura SAB de CV | June 26, 2026 | Elect Ricardo Carlos Kolteniuk Stolarski as Director to Replace Resigning One | Director Elections | Board | AGAINST | 5 | |
| Qualys, Inc. | June 10, 2026 | Election of Directors: Wendy M. Pfeiffer | Director Elections | Board | WITHHOLD | 5 | |
| RUMO SA | April 28, 2026 | Elect Guido Barbosa de Oliveira as Fiscal Council Member and Guilherme Jose de Vasconcelos Cerqueira as Alternate | Compensation | Board | ABSTAIN | 5 | |
| RUMO SA | April 28, 2026 | Elect Marcelo Curti as Fiscal Council Chair | Compensation | Board | ABSTAIN | 5 | |
| RUMO SA | April 28, 2026 | Elect Marcelo Curti as Fiscal Council Member and Moises da Cunha Mouta as Alternate | Compensation | Board | ABSTAIN | 5 | |
| RUMO SA | April 28, 2026 | Elect Paulo Clovis Ayres Filho as Fiscal Council Member and Nadir Dancini Barsanulfo as Alternate | Compensation | Board | ABSTAIN | 5 | |
| RUMO SA | April 28, 2026 | Elect Paulo Roberto Batista Machado as Fiscal Council Member and Daniella Raigorodsky Monteiro as Alternate | Compensation | Board | ABSTAIN | 5 | |
| Rakuten Group, Inc. | March 27, 2026 | Elect Director Mikitani, Hiroshi | Director Elections | Board | AGAINST | 5 | |
| Ralph Lauren Corporation | July 31, 2025 | Election of three (3) Class A Directors. Nominees as Class A Directors: Darren Walker | Director Elections | Board | WITHHOLD | 5 | |
| SKYWORKS SOLUTIONS, INC. | May 13, 2026 | To approve, on an advisory basis, the compensation of the Company's named executive officers, as described in the Company's Proxy Statement. | Say-on-Pay | Board | AGAINST | 5 | |
| Sandvik Aktiebolag | April 28, 2026 | Approve Performance Share Matching Plan LTI 2026 for Key Employees | Compensation | Board | AGAINST | 5 | |
| Santander Bank Polska SA | January 22, 2026 | Elect Peter Bosek as Chairman of Supervisory Board | Director Elections | Board | AGAINST | 5 | |
| Santander Bank Polska SA | April 15, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| Santander Bank Polska SA | April 15, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| Santander Bank Polska SA | April 15, 2026 | Authorize Share Repurchase Program for Purposes of Performance Share Plan; Approve Creation of Reserve Capital for Purposes of Share Repurchase Program | Compensation | Board | AGAINST | 5 | |
| Select Medical Holdings Corporation | June 26, 2026 | To consider and vote on the proposal to approve, on a non-binding, advisory basis, the compensation that will or may become payable by the Company to its named executive officers in connection with the Merger (the "Compensation Proposal"). | Say-on-Pay | Board | AGAINST | 5 | |
| Shoals Technologies Group, Inc. | April 30, 2026 | Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers (i.e., "say-on-pay proposal). | Say-on-Pay | Board | AGAINST | 5 | |
| Skandinaviska Enskilda Banken AB | March 24, 2026 | Reelect Marcus Wallenberg as Board Chair | Director Elections | Board | AGAINST | 5 | |
| Skandinaviska Enskilda Banken AB | March 24, 2026 | Reelect Marcus Wallenberg as Director | Director Elections | Board | AGAINST | 5 | |
| Smith & Nephew plc | May 6, 2026 | Approve Performance Share Plan | Compensation | Board | AGAINST | 5 | |
| Smith & Nephew plc | May 6, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| Smiths Group Plc | November 19, 2025 | Re-elect Steve Williams as Director | Director Elections | Board | AGAINST | 5 | |
| Southern Copper Corporation | May 29, 2026 | Election of Directors: Enrique Castillo Sanchez Mejorada | Director Elections | Board | WITHHOLD | 5 | |
| Southern Copper Corporation | May 29, 2026 | Election of Directors: Javier Arrigunaga Gomez del Campo | Director Elections | Board | WITHHOLD | 5 | |
| Stora Enso Oyj | March 24, 2026 | Reelect Hakan Buskhe (Chair), Helena Hedblom, Astrid Hermann, Christiane Kuehne, Richard Nilsson, Elena Scaltritti and Antti Vasara as Directors; Elect Jouko Karvinen (Vice Chair) as New Director | Director Elections | Board | ABSTAIN | 5 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Teshirogi, Isao | Director Elections | Board | AGAINST | 5 | |
| Sumitomo Realty & Development Co., Ltd. | June 26, 2026 | Elect Director Nishima, Kojun | Director Elections | Board | AGAINST | 5 | |
| Sumitomo Realty & Development Co., Ltd. | June 26, 2026 | Elect Director Onodera, Kenichi | Director Elections | Board | AGAINST | 5 | |
| Syensqo NV | May 5, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| Synaptics Incorporated | October 28, 2025 | Proposal to approve the Company's amended and restated 2019 Equity and Incentive Compensation Plan. | Compensation | Board | AGAINST | 5 | |
| TDK Corp. | June 19, 2026 | Elect Director Saito, Noboru | Director Elections | Board | AGAINST | 5 | |
| THE CARLYLE GROUP INC. | June 3, 2026 | Non-Binding Vote to Approve Named Executive Officer Compensation (''Say-on-Pay'') | Say-on-Pay | Board | AGAINST | 5 | |
| TYSON FOODS, INC. | February 5, 2026 | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 5 | |
| Target Corporation | June 10, 2026 | Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay). | Say-on-Pay | Board | AGAINST | 5 | |
| Target Corporation | June 10, 2026 | Election of Directors: George S. Barrett | Director Elections | Board | AGAINST | 5 | |
| Telenor ASA | May 19, 2026 | Approve Equity Plan Financing Through Repurchase of Shares | Compensation | Board | AGAINST | 5 | |
| Telenor ASA | May 19, 2026 | Approve Remuneration Statement (Advisory Vote) | Compensation | Board | AGAINST | 5 | |
| Tesco Plc | June 18, 2026 | Re-elect Thierry Garnier as Director (WITHDRAWN) | Director Elections | Board | ABSTAIN | 5 | |
| Texas Capital Bancshares, Inc. | April 21, 2026 | To approve the redomestication of the Company from Delaware to Texas by way of conversion; | Extraordinary Transactions | Board | AGAINST | 5 | |
| The Boston Beer Company, Inc. | May 27, 2026 | Advisory vote to approve our Named Executive Officers' executive compensation. | Say-on-Pay | Board | AGAINST | 5 | |
| The Boston Beer Company, Inc. | May 27, 2026 | Election of Directors: Meghan V. Joyce | Director Elections | Board | WITHHOLD | 5 | |
| The Coca-Cola Company | April 29, 2026 | Election of Directors: Thomas S. Gayner | Director Elections | Board | AGAINST | 5 | |
| The Procter & Gamble Company | October 14, 2025 | Shareholder Proposal Requesting Additional Reporting on Plastic Packaging | Environment or Climate | Shareholder | Against | FOR | 5 |
| Trane Technologies plc | June 4, 2026 | Advisory approval of the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 5 | |
| Turkiye Petrol Rafinerileri AS | March 11, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 5 | |
| Turkiye Petrol Rafinerileri AS | March 11, 2026 | Elect Directors | Director Elections | Board | AGAINST | 5 | |
| Tyson Foods, Inc. | February 5, 2026 | Election of Directors: Cheryl S. Miller | Director Elections | Board | AGAINST | 5 | |
| Tyson Foods, Inc. | February 5, 2026 | Election of Directors: Olivia L. Tyson | Director Elections | Board | AGAINST | 5 | |
| Tyson Foods, Inc. | February 5, 2026 | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 5 | |
| UOL Group Limited | April 27, 2026 | Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights | Capital Structure | Board | AGAINST | 5 | |
| UOL Group Limited | April 27, 2026 | Elect Lee Chin Yong Francis as Director | Director Elections | Board | AGAINST | 5 | |
| UOL Group Limited | April 27, 2026 | Elect Wee Ee-chao as Director | Director Elections | Board | AGAINST | 5 | |
| Ulta Beauty, Inc. | June 9, 2026 | Advisory resolution to approve the Company's executive compensation. | Say-on-Pay | Board | AGAINST | 5 | |
| Unibail-Rodamco-Westfield NV | June 18, 2026 | Elect Vincent Rouget to Supervisory Board | Director Elections | Board | AGAINST | 5 | |
| Unibail-Rodamco-Westfield SE | May 6, 2026 | Ratify Appointment of Jules Niel as Supervisory Board Member | Director Elections | Board | AGAINST | 5 | |
| United Overseas Bank Limited (Singapore) | April 17, 2026 | Elect Wee Ee Cheong as Director | Director Elections | Board | AGAINST | 5 | |
| VAT Group AG | April 28, 2026 | Ratify KPMG AG as Auditors | Audit-related | Board | AGAINST | 5 | |
| Veris Residential, Inc. | May 21, 2026 | To approve, by a non-binding advisory vote, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Transactions, including the Mergers. | Say-on-Pay | Board | AGAINST | 5 | |
| Volvo AB | April 8, 2026 | Reelect Helena Stjernholm as Director | Director Elections | Board | AGAINST | 5 | |
| Volvo AB | April 8, 2026 | Reelect Par Boman as Board Chair | Director Elections | Board | AGAINST | 5 | |
| Volvo AB | April 8, 2026 | Reelect Par Boman as Director | Director Elections | Board | AGAINST | 5 | |
| Want Want China Holdings Limited | August 26, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 5 | |
| Want Want China Holdings Limited | August 26, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 5 | |
| Want Want China Holdings Limited | August 26, 2025 | Elect Pei Kerwei as Director | Director Elections | Board | AGAINST | 5 | |
| Warner Bros. Discovery, Inc. | June 9, 2026 | To vote on an advisory resolution to approve the 2025 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote. | Say-on-Pay | Board | AGAINST | 5 | |
| Wihlborgs Fastigheter AB | April 22, 2026 | Reelect Jan Litborn as Director | Director Elections | Board | AGAINST | 5 | |
| Wihlborgs Fastigheter AB | April 22, 2026 | Reelect Lennart Mauritzson as Director | Director Elections | Board | AGAINST | 5 | |
| Yamaha Motor Co., Ltd. | March 25, 2026 | Elect Director Watanabe, Katsuaki | Director Elections | Board | ABSTAIN | 5 | |
| 1st Source Corporation | April 23, 2026 | Election of Directors for terms expiring April 2029: Timothy K. Ozark | Director Elections | Board | AGAINST | 4 | |
| 1st Source Corporation | April 23, 2026 | Election of Directors for terms expiring April 2029: Todd F. Schurz | Director Elections | Board | AGAINST | 4 | |
| ABACUS GLOBAL MANAGEMENT, INC. | June 3, 2026 | Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers. | Say-on-Pay | Board | AGAINST | 4 | |
| ACM Research, Inc. | June 10, 2026 | Election of Directors: Charles Pappis | Director Elections | Board | WITHHOLD | 4 | |
| AEON Co., Ltd. | May 27, 2026 | Elect Director Tsukamoto, Takashi | Director Elections | Board | AGAINST | 4 | |
| ARBOR REALTY TRUST, INC. | May 20, 2026 | Advisory vote to approve the compensation of Arbor Realty Trust, Inc.'s named executive officers as disclosed in the proxy statement. | Say-on-Pay | Board | AGAINST | 4 | |
| ARS PHARMACEUTICALS, INC. | June 24, 2026 | To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the accompanying proxy statement. | Say-on-Pay | Board | AGAINST | 4 | |
| ASANA, INC. | June 8, 2026 | Approval, on an advisory basis, of the compensation of the Company's named executive officers ("Say-on-Pay"). | Say-on-Pay | Board | AGAINST | 4 | |
| ASSA ABLOY AB | April 28, 2026 | Approve Performance Share Matching Plan LTI 2026 for Senior Executives and Key Employees | Compensation | Board | AGAINST | 4 | |
| ASSA ABLOY AB | April 28, 2026 | Reelect Johan Hjertonsson (Chair), Carl Douglas (Vice Chair), Erik Ekudden, Sofia Schorling Hogberg, Lena Olving, Victoria Van Camp and Susanne Pahlen Aklundh as Directors; Elect Astrid Mozes and Jurgen Timperman as New Directors | Director Elections | Board | AGAINST | 4 | |
| ASX Limited | October 23, 2025 | Approve the Spill Resolution | Compensation | Board | AGAINST | 4 | |
| AVEANNA HEALTHCARE HOLDINGS INC. | May 29, 2026 | To approve, on an advisory, non-binding, basis, the compensation paid to the Company's Named Executive Officers identified in the accompanying Proxy Statement. | Say-on-Pay | Board | AGAINST | 4 | |
| Accor SA | May 27, 2026 | Approve Compensation of Sebastien Bazin, Chairman and CEO | Compensation | Board | AGAINST | 4 | |
| Accor SA | May 27, 2026 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 4 | |
| Addus HomeCare Corporation | June 10, 2026 | Election of Directors: Michael Earley | Director Elections | Board | WITHHOLD | 4 | |
| Aedifica SA | May 12, 2026 | Authorize Increase in Share Capital of up to 20 Percent of Authorized Capital Without Preemptive Rights by Various Means | Capital Structure | Board | AGAINST | 4 | |
| Aker BP ASA | April 21, 2026 | Approve Creation of Up to NOK 31.6 Million Pool of Capital without Preemptive Rights | Capital Structure | Board | AGAINST | 4 | |
| Aker BP ASA | April 21, 2026 | Authorize Share Repurchase Program and Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 4 | |
| Aker BP ASA | April 21, 2026 | Reelect Oyvind Eriksen (Chair) as Director | Director Elections | Board | AGAINST | 4 | |
| Albertsons Companies, Inc. | August 7, 2025 | Stockholder Proposal Regarding Food Waste Reporting. | Environment or Climate | Shareholder | Against | FOR | 4 |
| Alexander's, Inc. | May 21, 2026 | Non-Binding Advisory Resolution on Executive Compensation. | Say-on-Pay | Board | AGAINST | 4 | |
| Alfa Laval AB | April 22, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 4 | |
| Alfa Laval AB | April 22, 2026 | Reelect Jorn Rausing as Director | Director Elections | Board | AGAINST | 4 | |
| America Movil SAB de CV | April 23, 2026 | Approve Consolidated Financial Statements, Allocation of Income and Dividends | Capital Structure | Board | AGAINST | 4 | |
| America Movil SAB de CV | April 23, 2026 | Elect and/or Ratify Antonio Cosio Pando as Director | Director Elections | Board | AGAINST | 4 | |
| American States Water Company | May 19, 2026 | Election of Class III Directors: Mr. C. James Levin | Director Elections | Board | WITHHOLD | 4 | |
| AppLovin Corporation | June 3, 2026 | Election of Directors: CRAIG BILLINGS | Director Elections | Board | WITHHOLD | 4 | |
| Apple Inc. | February 24, 2026 | Advisory vote to approve executive compensation | Say-on-Pay | Board | AGAINST | 4 | |
| ArcBest Corporation | April 24, 2026 | A shareholder proposal to approve GHG emissions reduction targets, if properly presented at the Annual Meeting. | Environment or Climate | Shareholder | Against | FOR | 4 |
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Built November 1, 2026 from SEC Form N-PX filings.