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Northwestern Mutual 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Northwestern Mutual 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

918 proposals.

Northwestern Mutual, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedNorthwestern Mutual votedFunds
Thermo Fisher Scientific Inc. May 20, 2026 An advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 5
Alphabet Inc. June 5, 2026 Advisory vote to approve compensation awarded to named executive officers Say-on-Pay Board (inferred) AGAINST 4
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 (inferred) AGAINST 4
Pinnacle Financial Partners, Inc. November 6, 2025 A proposal to approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Pinnacle's named executive officers in connection with the transactions contemplated by the merger agreement. Say-on-Pay Board (inferred) AGAINST 4
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 (inferred) AGAINST 4
Synovus Financial Corp. November 6, 2025 To approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Synovus' named executive officers in connection with the merger. Say-on-Pay Board (inferred) AGAINST 4
T-Mobile US, Inc. June 16, 2026 Advisory Vote to Approve the Compensation Provided to the Company's Named Executive Officers for 2025. Say-on-Pay Board (inferred) AGAINST 4
The Estee Lauder Companies Inc. November 13, 2025 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 4
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 (inferred) AGAINST 4
Alphabet Inc. June 5, 2026 Election of ten directors: Frances H. Arnold Director Elections Board AGAINST 3
Alphabet Inc. June 5, 2026 Election of ten directors: John L. Hennessy Director Elections Board AGAINST 3
Arista Networks, Inc. May 29, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
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 (inferred) AGAINST 3
Chewy, Inc. July 10, 2025 To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Comcast Corporation June 10, 2026 Advisory vote on executive compensation Say-on-Pay Board (inferred) AGAINST 3
Corpay, Inc. May 7, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
FedEx Corporation September 29, 2025 Advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
Global Payments Inc. April 30, 2026 Approval, on an advisory basis, of the compensation of the company's named executive officers for 2025. Say-on-Pay Board (inferred) AGAINST 3
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 (inferred) AGAINST 3
Hamilton Lane Incorporated September 4, 2025 Advisory, non-binding vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
MP Materials Corp. June 9, 2026 Advisory vote to approve compensation paid to the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Microchip Technology Incorporated August 19, 2025 Proposal to approve, on an advisory (non-binding) basis, the compensation of our named executives. Say-on-Pay Board (inferred) AGAINST 3
Somnigroup International, Inc. May 13, 2026 ADVISORY VOTE TO APPROVE THE COMPENSATION OF NAMED EXECUTIVE OFFICERS; AND Say-on-Pay Board (inferred) AGAINST 3
Southwest Airlines Co. May 7, 2026 Election of Directors: Christopher P. Reynolds Director Elections Board AGAINST 3
The Carlyle Group Inc. June 3, 2026 Non-Binding Vote to Approve Named Executive Officer Compensation ("Say-on-Pay") Say-on-Pay Board (inferred) AGAINST 3
The Estee Lauder Companies Inc. November 13, 2025 Election of five (5) Class II Directors: William P. Lauder Director Elections Board WITHHOLD 3
Warner Bros. Discovery, Inc. April 23, 2026 To approve, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to WBD's named executive officers that is based on or otherwise relates to the Merger. Say-on-Pay Board (inferred) AGAINST 3
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 (inferred) AGAINST 3
Webster Financial Corporation May 26, 2026 To approve, on an advisory (non-binding) basis, the compensation payments that will or may be paid to Webster's named executive officers in connection with the transactions contemplated by the Transaction Agreement (the "compensation proposal"). Say-on-Pay Board (inferred) AGAINST 3
Welltower Inc. May 21, 2026 The approval, on an advisory basis, of the compensation of the named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Wingstop Inc. May 21, 2026 Approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
A. O. Smith Corporation April 13, 2026 Election of directors: Christopher L. Mapes Director Elections Board WITHHOLD 2
A. O. Smith Corporation April 13, 2026 Election of directors: Dr. Ilham Kadri Director Elections Board WITHHOLD 2
Adobe Inc. April 15, 2026 Approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Alphabet Inc. June 5, 2026 Approval of the amendment and restatement of Alphabet's Amended and Restated 2021 Stock Plan to increase the share reserve by 200,000,000 shares of Class C capital stock Compensation Board AGAINST 2
Aon Plc June 26, 2026 Advisory resolution to approve the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Apollo Global Management, Inc. June 8, 2026 An advisory vote to approve the compensation of AGM's named executive officers (Say on Pay); Say-on-Pay Board (inferred) AGAINST 2
AppLovin Corporation June 3, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
BGC Group, Inc. November 12, 2025 Approval, on an advisory basis, of executive compensation. Say-on-Pay Board AGAINST 2
BJ's Wholesale Club Holdings, Inc. June 18, 2026 Vote on a shareholder proposal regarding a report on deforestation in the company's own-brand supply chain, if properly presented at the meeting. Environment or Climate Shareholder Against FOR 2
BJ's Wholesale Club Holdings, Inc. June 18, 2026 Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts, if properly presented at the meeting. Environment or Climate Shareholder Against FOR 2
Baker Hughes Company May 19, 2026 The approval of the Baker Hughes Company 2026 Long-Term Incentive Plan Compensation Board AGAINST 2
Beacon Financial Corporation May 13, 2026 To approve, on a non-binding advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
Becton, Dickinson and Company January 27, 2026 Approval of an amendment to the 2004 Employee and Director Equity-Based Compensation Plan Compensation Board AGAINST 2
Bio-Techne Corporation October 30, 2025 Approve, on an advisory basis, the compensation of our executive officers. Say-on-Pay Board (inferred) AGAINST 2
BioMarin Pharmaceutical Inc. June 2, 2026 Election of Directors: Ian T. Clark Director Elections Board AGAINST 2
BlackRock, Inc. May 20, 2026 Approval, in a non-binding advisory vote, of the compensation for named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Broadcom Inc. April 20, 2026 Advisory vote to approve the named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 2
Carvana Co. May 5, 2026 To approve the Carvana Co. 2026 Omnibus Incentive Plan. Compensation Board AGAINST 2
Cathay General Bancorp May 18, 2026 Election of Class III Directors, to be elected for the term ending 2029: Maan-Huei Hung Director Elections Board AGAINST 2
Charter Communications, Inc. April 21, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Chemed Corporation May 18, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 2
Chewy, Inc. July 10, 2025 To elect to the Board of Directors four director nominees for three-year terms: David Leland Director Elections Board WITHHOLD 2
Citigroup Inc. May 20, 2026 Advisory vote to approve our 2025 Executive Compensation. Say-on-Pay Board (inferred) AGAINST 2
Cloudflare, Inc. June 30, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
Comerica Incorporated January 6, 2026 Proposal to approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Comerica's named executive officers in connection with the first merger. Say-on-Pay Board (inferred) AGAINST 2
Coty Inc. November 6, 2025 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 (inferred) AGAINST 2
Cytokinetics, Incorporated May 27, 2026 Election of Class I Directors for terms expiring in 2029: Wendell Wierenga, Ph.D. Director Elections Board WITHHOLD 2
Datadog, Inc. April 21, 2026 To approve the redomiciliation of the Company from the State of Delaware to the State of Nevada by conversion. Extraordinary Transactions Board AGAINST 2
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 (inferred) AGAINST 2
Dutch Bros Inc. May 13, 2026 Election of Directors: Ann Miller Director Elections Board AGAINST 2
Dutch Bros Inc. May 13, 2026 Election of Directors: Todd Penegor Director Elections Board AGAINST 2
ESCO Technologies Inc. January 30, 2026 Election of Directors: Robert J. Phillippy Director Elections Board WITHHOLD 2
Element Solutions Inc May 4, 2026 Advisory vote to approve the Company's 2025 executive compensation Say-on-Pay Board AGAINST 2
F5, Inc. March 12, 2026 Approve the F5, Inc. 2026 Incentive Award Plan. Compensation Board AGAINST 2
Fidelity National Information Services, Inc. June 10, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 2
GXO Logistics, Inc. May 20, 2026 Advisory Vote to Approve Executive Compensation To conduct an advisory vote to approve the executive compensation of the company's named executive officers ("NEOs") as disclosed in this Proxy Statement. Say-on-Pay Board (inferred) AGAINST 2
Goosehead Insurance, Inc. May 4, 2026 Election of Directors: William Wade, Jr. Director Elections Board WITHHOLD 2
Hewlett Packard Enterprise Company April 1, 2026 Advisory vote to approve the Hewlett Packard Enterprise Company's executive compensation Say-on-Pay Board (inferred) AGAINST 2
Houlihan Lokey, Inc. September 17, 2025 To elect three Class I directors to our board of directors: Paul A. Zuber Director Elections Board WITHHOLD 2
Howmet Aerospace Inc. May 19, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 2
IPG Photonics Corporation May 12, 2026 Advisory Approval of our Executive Compensation Say-on-Pay Board (inferred) AGAINST 2
IQVIA Holdings Inc. April 23, 2026 Approve the adoption of the IQVIA Holdings Inc. 2026 Incentive and Stock Award Plan. Compensation Board AGAINST 2
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 2
Janus Henderson Group Plc May 29, 2026 Advisory Say-on-Pay Vote on Executive Compensation. Say-on-Pay Board (inferred) AGAINST 2
Lincoln National Corporation May 28, 2026 The approval of an advisory resolution on the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
MARA Holdings, Inc. June 18, 2026 A non-binding, advisory vote on the compensation of our Named Executive Officers ("Say-on-Pay"). Say-on-Pay Board AGAINST 2
Madison Square Garden Sports Corp. December 8, 2025 Election of the following nominees as directors: Nelson Peltz Director Elections Board WITHHOLD 2
Maplebear Inc. May 22, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Marsh & McLennan Companies, Inc. May 21, 2026 Advisory (Nonbinding) Vote to Approve Named Executive Officer Compensation Say-on-Pay Board AGAINST 2
Marvell Technology, Inc. June 25, 2026 An advisory (non-binding) vote to approve compensation of our named executive officers. Say-on-Pay Board AGAINST 2
Matador Resources Company June 11, 2026 Election of Director Nominees: Reynald A. Baribault Director Elections Board AGAINST 2
Meta Platforms, Inc. May 27, 2026 Election of Directors: Andrew W. Houston Director Elections Board WITHHOLD 2
Meta Platforms, Inc. May 27, 2026 Election of Directors: John Elkann Director Elections Board WITHHOLD 2
Meta Platforms, Inc. May 27, 2026 Election of Directors: Peggy Alford Director Elections Board WITHHOLD 2
Meta Platforms, Inc. May 27, 2026 Election of Directors: Robert M. Kimmitt Director Elections Board WITHHOLD 2
Meta Platforms, Inc. May 27, 2026 Election of Directors: Tony Xu Director Elections Board WITHHOLD 2
NIKE, Inc. September 9, 2025 Class B director nominees: To elect a Board of Directors for the ensuing year: John Rogers, Jr. Director Elections Board WITHHOLD 2
Okta, Inc. June 18, 2026 To approve, on an advisory non-binding basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Omnicom Group Inc. May 5, 2026 Advisory resolution to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 2
Oracle Corporation November 18, 2025 Advisory Vote to Approve the Compensation of our Named Executive Officers Say-on-Pay Board (inferred) AGAINST 2
PPG Industries, Inc. April 16, 2026 Approve the PPG Industries, Inc. 2026 Omnibus Incentive Plan Compensation Board AGAINST 2
Palantir Technologies Inc. June 3, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 2
Palo Alto Networks, Inc. December 9, 2025 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Primerica, Inc. May 21, 2026 To elect the following directors: Cynthia N. Day Director Elections Board AGAINST 2
Prologis, Inc. April 28, 2026 Advisory Vote to Approve the Company's Executive Compensation for 2025. Say-on-Pay Board (inferred) AGAINST 2
QUALCOMM Incorporated March 17, 2026 Approval of the Amended and Restated QUALCOMM Incorporated 2023 Long-Term Incentive Plan, including an increase in the share reserve by 24,000,000. Compensation Board AGAINST 2
Roivant Sciences Ltd. September 10, 2025 To cast a non-binding, advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Rush Enterprises, Inc. May 19, 2026 Election of Directors: Elaine Mendoza Director Elections Board WITHHOLD 2
Sarepta Therapeutics, Inc. June 4, 2026 Advisory vote to approve, on a non-binding basis, named executive officer compensation Say-on-Pay Board AGAINST 2

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Built October 13, 2026 from SEC Form N-PX filings.