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PACKAGING CORPORATION OF AMERICA 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and PACKAGING CORPORATION OF AMERICA’s Form 8-K, filed 2024-05-09 (Item 5.07 on EDGAR). Page generated 02 October 2026.

25Reported items
700Asset managers
11,440Fund votes
2024-05-08Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore PACKAGING CORPORATION OF AMERICA in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by PACKAGING CORPORATION OF AMERICA

These tallies are PACKAGING CORPORATION OF AMERICA’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-05-09 (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.

PACKAGING CORPORATION OF AMERICA — official shareholder meeting results, meeting held 2024-05-08
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Cheryl K. Beebe	72,134,723	4,673,558	36,698	--	5,500,434	Majority: yes
Elect Director: Duane C. Farrington	76,550,099	255,540	39,340	--	5,500,434	Majority: yes
Elect Director: Karen E. Gowland	76,438,524	361,537	44,918	--	5,500,434	Majority: yes
Elect Director: Donna A. Harman	75,034,138	1,774,077	36,764	--	5,500,434	Majority: yes
Elect Director: Mark W. Kowlzan	71,010,084	5,794,306	40,589	--	5,500,434	Majority: yes
Elect Director: Robert C. Lyons	73,241,311	3,562,391	41,277	--	5,500,434	Majority: yes
Elect Director: Thomas P. Maurer	76,127,418	676,192	41,369	--	5,500,434	Majority: yes
Elect Director: Samuel M. Mencoff	66,344,693	8,165,851	2,334,435	--	5,500,434	Majority: yes
Elect Director: Roger B. Porter	61,236,883	13,113,239	2,494,857	--	5,500,434	Majority: yes
Elect Director: Thomas S. Souleles	71,190,711	5,612,633	41,635	--	5,500,434	Majority: yes
Elect Director: Paul T. Stecko	72,779,475	4,025,647	39,857	--	5,500,434	Majority: yes

Source: PACKAGING CORPORATION OF AMERICA, Form 8-K, filed with the SEC on 2024-05-09 — read the filing on EDGAR.

How asset managers voted at the PACKAGING CORPORATION OF AMERICA 2023-2024 meeting

Each item below shows how the 700 asset managers that disclosed a PACKAGING CORPORATION OF AMERICA 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PACKAGING CORPORATION OF AMERICA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Proposal to approve our executive compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-08.

Combines 9 wordings of this item as funds reported it.

92% fund support · no official result

FOR 92%8%

The 650 asset managers below cast 92% of the shares they voted on this item FOR (73,424,027 for, 6,015,943 against).

FOR: 73,424,027 (92.4%)AGAINST: 6,015,943 (7.6%)ABSTAIN: 22,253 (0.0%)NOT VOTED: 429 (0.0%)3 YEARS: 334 (0.0%)UNKNOWN: 182 (0.0%)

Largest asset managers voting on “Proposal to approve our executive compensation.” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	11,382,461	0	For
BlackRock	7,011,046	512	For
Fidelity	6,434,390	0	For
Victory Capital	5,026,742	0	For
Charles Schwab	4,454,570	0	For
American Century	0	3,786,694	Against
Capital Group	3,341,305	0	For
State Street	3,219,363	0	For
Invesco	2,693,058	0	For
GEODE CAPITAL MANAGEMENT, LLC	2,250,876	0	For
JPMorgan	1,964,106	0	For
Nuveen	1,941,545	0	For
T. Rowe Price	1,885,726	0	For
John Hancock	1,237,392	0	For
Northern Trust	1,171,775	1,056	For
Dimensional	1,011,394	0	For
Columbia Threadneedle	960,302	0	For
TIAA	660,795	0	For
First Trust	628,516	2,235	For
Foster Victor Wealth Advisors, LLC	523,721	0	For
Citadel	510,824	0	For
MELLON INVESTMENTS Corp	493,523	0	For
BALYASNY ASSET MANAGEMENT L.P.	491,159	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	460,313	0	For
Principal	423,814	0	For

Showing the 25 largest of 650 asset managers. See all 650 in the interactive database.

2. PROPOSAL TO APPROVE THE AMENDED AND RESTATED 1999 LONG-TERM EQUITY INCENTIVE PLAN.

COMPENSATION

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 142 asset managers below cast 95% of the shares they voted on this item FOR (37,312,025 for, 1,952,190 against).

FOR: 37,312,025 (95.0%)AGAINST: 1,952,190 (5.0%)ABSTAIN: 11,372 (0.0%)

Largest asset managers voting on “PROPOSAL TO APPROVE THE AMENDED AND RESTATED 1999 LONG-TERM EQUITY INCENTIVE PLAN.” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,813	0	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	0	1,708,306	Against
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,107	27	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	133,358	24,392	For
ETF Series Solutions	150,292	0	For
Pacific Life	86,186	60,995	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 142 asset managers. See all 142 in the interactive database.

3. Election of Directors: Cheryl K. Beebe

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 4 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 72,134,723AGAINST: 4,673,558

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Cheryl K. Beebe”): 72,134,723 for, 4,673,558 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 80% for, 5% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.9% of the shares they voted on this item FOR (39,278,586 for, 30,933 against).

FOR 99.9%

FOR: 39,278,586 (99.9%)AGAINST: 30,933 (0.1%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Cheryl K. Beebe” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,331	482	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,077	57	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	150,292	0	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

4. Election of Directors: Donna A. Harman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 75,034,138AGAINST: 1,774,077

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Donna A. Harman”): 75,034,138 for, 1,774,077 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 84% for, 2% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 97% of the shares they voted on this item FOR (38,173,788 for, 1,135,732 against).

FOR 97%

FOR: 38,173,788 (97.1%)AGAINST: 1,135,732 (2.9%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Donna A. Harman” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,314,819	994	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,104	30	For
Dimensional	752,017	0	For
TIAA	0	659,498	Against
First Trust	624,819	0	For
Nuveen	0	471,481	Against
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	150,292	0	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

5. Election of Directors: Duane C. Farrington

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 76,550,099AGAINST: 255,540

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Duane C. Farrington”): 76,550,099 for, 255,540 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 85% for, 0.3% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.9% of the shares they voted on this item FOR (39,308,445 for, 1,075 against).

FOR 99.9%

FOR: 39,308,445 (100.0%)AGAINST: 1,075 (0.0%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Duane C. Farrington” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,314,819	994	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,104	30	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	150,292	0	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

6. Election of Directors: Karen E. Gowland

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 76,438,524AGAINST: 361,537

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Karen E. Gowland”): 76,438,524 for, 361,537 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 85% for, 0.5% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.9% of the shares they voted on this item FOR (39,298,339 for, 11,181 against).

FOR 99.9%

FOR: 39,298,339 (100.0%)AGAINST: 11,181 (0.0%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Karen E. Gowland” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,813	0	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,134	0	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,757	57	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	150,292	0	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

7. Election of Directors: Mark W. Kowlzan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 71,010,084AGAINST: 5,794,306

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Mark W. Kowlzan”): 71,010,084 for, 5,794,306 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 79% for, 6% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.6% of the shares they voted on this item FOR (39,187,717 for, 121,803 against).

FOR 99.6%

FOR: 39,187,717 (99.7%)AGAINST: 121,803 (0.3%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Mark W. Kowlzan” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,314,819	994	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,077	57	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

8. Election of Directors: Paul T. Stecko

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 72,779,475AGAINST: 4,025,647

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Paul T. Stecko”): 72,779,475 for, 4,025,647 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 81% for, 4% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.9% of the shares they voted on this item FOR (39,283,071 for, 26,448 against).

FOR 99.9%

FOR: 39,283,071 (99.9%)AGAINST: 26,448 (0.1%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Paul T. Stecko” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,331	482	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,077	57	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	150,292	0	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

9. Election of Directors: Robert C. Lyons

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 73,241,311AGAINST: 3,562,391

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Robert C. Lyons”): 73,241,311 for, 3,562,391 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 82% for, 4% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.7% of the shares they voted on this item FOR (39,201,271 for, 108,248 against).

FOR 99.7%

FOR: 39,201,271 (99.7%)AGAINST: 108,248 (0.3%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Robert C. Lyons” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,331	482	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,077	57	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

10. Election of Directors: Roger B. Porter

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 4 wordings of this item as funds reported it.

82% Majority: yes · of votes cast

FOR 82%AGAINST 18%

FOR: 61,236,883AGAINST: 13,113,239

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Roger B. Porter”): 61,236,883 for, 13,113,239 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 68% for, 15% against (83% of the company cast a for/against vote).

The 138 asset managers below cast 92% of the shares they voted on this item FOR (36,316,283 for, 2,993,237 against).

FOR 92%8%

FOR: 36,316,283 (92.4%)AGAINST: 2,993,237 (7.6%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Roger B. Porter” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,313,514	2,298	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	382	916,752	Against
Dimensional	752,017	0	For
TIAA	0	659,498	Against
First Trust	624,819	0	For
Nuveen	0	471,481	Against
Principal	423,757	57	For
T. Rowe Price	382,188	0	For
Jackson National	302,775	61,392	For
WisdomTree	0	219,089	Against
Waddell & Reed	193,428	0	For
Lincoln Financial	136,950	20,800	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

11. Election of Directors: Samuel M. Mencoff

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 66,344,693AGAINST: 8,165,851

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Samuel M. Mencoff”): 66,344,693 for, 8,165,851 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 74% for, 9% against (83% of the company cast a for/against vote).

The 138 asset managers below cast 97% of the shares they voted on this item FOR (38,091,541 for, 1,217,979 against).

FOR 97%

FOR: 38,091,541 (96.9%)AGAINST: 1,217,979 (3.1%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Samuel M. Mencoff” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,314,457	1,356	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	382	916,752	Against
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,757	57	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	136,950	20,800	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

12. Election of Directors: Thomas P. Maurer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 76,127,418AGAINST: 676,192

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Thomas P. Maurer”): 76,127,418 for, 676,192 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 85% for, 0.8% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.7% of the shares they voted on this item FOR (39,227,157 for, 82,363 against).

FOR 99.7%

FOR: 39,227,157 (99.8%)AGAINST: 82,363 (0.2%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Thomas P. Maurer” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,331	482	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,104	30	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

13. Election of Directors: Thomas S. Souleles

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-08.

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 71,190,711AGAINST: 5,612,633

PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Thomas S. Souleles”): 71,190,711 for, 5,612,633 against, per its Form 8-K filed 2024-05-09 (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. Of all 89,624,119 outstanding shares: 79% for, 6% against (86% of the company cast a for/against vote).

The 138 asset managers below cast 99.5% of the shares they voted on this item FOR (39,120,347 for, 189,173 against).

FOR 99.5%

FOR: 39,120,347 (99.5%)AGAINST: 189,173 (0.5%)ABSTAIN: 4,364 (0.0%)

Largest asset managers voting on “Election of Directors: Thomas S. Souleles” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,314,457	1,356	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,013	121	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,757	57	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 138 asset managers. See all 138 in the interactive database.

14. PROPOSAL TO AMEND THE DIRECTOR ELECTION RESIGNATION BYLAW.

COMPENSATION

Meeting held 2024-05-08.

Combines 3 wordings of this item as funds reported it.

13% fund support · no official result

13%AGAINST 87%

The 135 asset managers below cast 13% of the shares they voted on this item FOR (4,569,576 for, 30,305,746 against).

FOR: 4,569,576 (13.1%)AGAINST: 30,305,746 (86.9%)ABSTAIN: 3,024 (0.0%)NOT VOTED: 500 (0.0%)

Largest asset managers voting on “PROPOSAL TO AMEND THE DIRECTOR ELECTION RESIGNATION BYLAW.” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	0	10,979,504	0	Against
Fidelity	841,662	2,190,601	0	Against
Charles Schwab	2,221,048	0	0	For
Victory Capital	0	2,170,345	0	Against
JPMorgan	0	1,816,069	0	Against
American Century	0	1,708,306	0	Against
Capital Group	0	1,670,448	0	Against
Invesco	0	1,306,417	0	Against
John Hancock	50,249	1,112,504	0	Against
Columbia Threadneedle	0	949,614	0	Against
State Street	27	917,107	0	Against
Dimensional	752,017	0	0	For
TIAA	0	659,498	0	Against
First Trust	0	624,819	0	Against
Nuveen	0	471,481	0	Against
Principal	57	423,757	0	Against
T. Rowe Price	0	382,188	0	Against
Jackson National	6,149	358,018	0	Against
WisdomTree	0	219,089	0	Against
Waddell & Reed	0	193,428	0	Against
Lincoln Financial	10,713	147,037	0	Against
ETF Series Solutions	149,988	304	0	For
Pacific Life	0	147,181	0	Against
Prudential/PGIM	29,027	101,604	0	Against
Brighthouse	0	124,505	3,024	Against

Showing the 25 largest of 135 asset managers. See all 135 in the interactive database.

15. PROPOSAL TO RATIFY APPOINTMENT OF KPMG LLP AS OUR AUDITORS.

AUDIT-RELATED

Meeting held 2024-05-08.

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 135 asset managers below cast 99.7% of the shares they voted on this item FOR (39,186,683 for, 82,185 against).

FOR: 39,186,683 (99.8%)AGAINST: 82,185 (0.2%)ABSTAIN: 3,024 (0.0%)

Largest asset managers voting on “PROPOSAL TO RATIFY APPOINTMENT OF KPMG LLP AS OUR AUDITORS.” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	10,979,504	0	For
BlackRock	4,315,813	0	For
Fidelity	3,032,263	0	For
Charles Schwab	2,221,048	0	For
Victory Capital	2,170,345	0	For
JPMorgan	1,816,069	0	For
American Century	1,708,306	0	For
Capital Group	1,670,448	0	For
Invesco	1,306,417	0	For
John Hancock	1,162,753	0	For
Columbia Threadneedle	949,614	0	For
State Street	917,107	27	For
Dimensional	752,017	0	For
TIAA	659,498	0	For
First Trust	624,819	0	For
Nuveen	471,481	0	For
Principal	423,814	0	For
T. Rowe Price	382,188	0	For
Jackson National	364,167	0	For
WisdomTree	219,089	0	For
Waddell & Reed	193,428	0	For
Lincoln Financial	157,750	0	For
ETF Series Solutions	75,198	75,094	For
Pacific Life	147,181	0	For
Prudential/PGIM	130,631	0	For

Showing the 25 largest of 135 asset managers. See all 135 in the interactive database.

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATION

Meeting held 2024-05-08.

Combines 2 wordings of this item as funds reported it.

99.1% fund support · no official result

FOR 99.0%

The 27 asset managers below cast 99.1% of the shares they voted on this item FOR (4,412,426 for, 39,811 against).

FOR: 4,412,426 (99.1%)AGAINST: 39,811 (0.9%)ABSTAIN: 1,340 (0.0%)UNKNOWN: 1,000 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Vote
JPMorgan	2,997,766	0	0	For
Maj Invest Holding A/S	1,081,854	0	0	For
ADAGE CAPITAL PARTNERS GP, L.L.C.	91,609	0	0	For
APG Asset Management US Inc.	88,755	0	0	For
TD ASSET MANAGEMENT INC	60,387	0	0	For
TIMOTHY PLAN	21,987	0	0	For
Vinva Investment Management Ltd	19,205	0	0	For
Genus Capital Management Inc.	0	16,490	0	Against
Empower	16,370	0	0	For
STOREBRAND ASSET MANAGEMENT AS	15,875	0	0	For
Desjardins Global Asset Management Inc.	0	11,103	0	Against
iA Global Asset Management Inc.	10,850	0	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	6,756	0	Against
Tredje AP-fonden	0	5,160	0	Against
Symmetry Panoramic Trust	400	0	1,340	Abstain
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	1,681	0	0	For
Brighthouse	1,392	0	0	For
Dorsey Wright & Associates	1,306	0	0	For
Fractal Investments LLC	0	0	0	Unknown
Qtron Investments LLC	982	0	0	For
OSSIAM	869	0	0	For
CIDEL ASSET MANAGEMENT INC	743	0	0	For
TOBAM	354	0	0	For
Regime de rentes du Mouvement Desjardins	0	302	0	Against
Convergence Investment Partners, LLC	33	0	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

17. Amend Omnibus Stock Plan

COMPENSATION

Meeting held 2024-05-08.

Combines 2 wordings of this item as funds reported it.

5% fund support · no official result

AGAINST 95%

The 9 asset managers below cast 5% of the shares they voted on this item FOR (51,002 for, 1,082,156 against).

FOR: 51,002 (4.5%)AGAINST: 1,082,156 (95.3%)ABSTAIN: 1,340 (0.1%)UNKNOWN: 1,000 (0.1%)

Largest asset managers voting on “Amend Omnibus Stock Plan” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Maj Invest Holding A/S	0	1,081,854	0	Against
TIMOTHY PLAN	21,987	0	0	For
Empower	16,370	0	0	For
iA Global Asset Management Inc.	10,850	0	0	For
Symmetry Panoramic Trust	400	0	1,340	Abstain
Brighthouse	1,392	0	0	For
Fractal Investments LLC	0	0	0	Unknown
Regime de rentes du Mouvement Desjardins	0	302	0	Against
Warren Street Wealth Advisors, LLC	3	0	0	For

18. Amend Director Election Resignation Bylaw

CORPORATE GOVERNANCE

Meeting held 2024-05-08.

0.1% fund support · no official result

AGAINST 99.9%

The 7 asset managers below cast 0.1% of the shares they voted on this item FOR (2,884 for, 4,433,064 against).

FOR: 2,884 (0.1%)AGAINST: 4,433,064 (99.9%)ABSTAIN: 1,340 (0.0%)

Largest asset managers voting on “Amend Director Election Resignation Bylaw” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	2,481	4,313,332	0	Against
MASTER INVESTMENT PORTFOLIO	0	79,983	0	Against
TIMOTHY PLAN	0	21,987	0	Against
Empower	0	16,370	0	Against
Symmetry Panoramic Trust	400	0	1,340	Abstain
Brighthouse	0	1,392	0	Against
Warren Street Wealth Advisors, LLC	3	0	0	For

19. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-08.

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 7 asset managers below cast 99.9% of the shares they voted on this item FOR (16,561 for, 4 against).

FOR: 16,561 (100.0%)AGAINST: 4 (0.0%)

Largest asset managers voting on “14A Executive Compensation” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Vote
OLD SECOND NATIONAL BANK OF AURORA	11,164	0	For
River Street Advisors LLC	3,717	0	For
GRIMES & COMPANY, INC.	681	0	For
BALLAST ADVISORS LLC	599	0	For
FORUM FUNDS II	400	0	For
Baker Avenue Asset Management, LP	0	4	Against
Port Capital LLC	0	0	--

20. Ratify KPMG LLP as Auditors

AUDIT-RELATED

Meeting held 2024-05-08.

100% fund support · no official result

FOR 97%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (40,152 for, 0 against).

FOR: 40,152 (96.8%)ABSTAIN: 1,340 (3.2%)

Largest asset managers voting on “Ratify KPMG LLP as Auditors” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Abstain	Vote
TIMOTHY PLAN	21,987	0	For
Empower	16,370	0	For
Symmetry Panoramic Trust	400	1,340	Abstain
Brighthouse	1,392	0	For
Warren Street Wealth Advisors, LLC	3	0	For

21. PROPOSAL TO APPROVE OUR EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-07 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (602 for, 0 against).

FOR: 602 (100.0%)

Largest asset managers voting on “PROPOSAL TO APPROVE OUR EXECUTIVE COMPENSATION” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Foster Victor Wealth Advisors, LLC	492	0	0	0	For
Argyle Capital Management, LLC	110	0	0	0	For

22. PROPOSAL TO APPROVE EXECUTIVE COMPENSATION.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-08.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (50,575 for, 0 against).

FOR: 50,575 (100.0%)

Largest asset managers voting on “PROPOSAL TO APPROVE EXECUTIVE COMPENSATION.” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
NAPLES GLOBAL ADVISORS, LLC	50,325	0	0	0	For
BRAVE ASSET MANAGEMENT INC	250	0	0	0	For

23. Remuneration Policy & Implementation

SECTION 14A SAY-ON-PAY VOTESOTHER

Meeting held 2024-05-08.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,500 for, 0 against).

FOR: 1,500 (100.0%)

Largest asset managers voting on “Remuneration Policy & Implementation” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
M FUND INC	1,500	0	0	0	For
BARINGS LLC	0	0	0	0	--

24. Adopt Non-Employee Director Plan

COMPENSATION

Meeting held 2024-05-08.

63% fund support · no official result

FOR 63%AGAINST 37%

The 2 asset managers below cast 63% of the shares they voted on this item FOR (681 for, 400 against).

FOR: 681 (63.0%)AGAINST: 400 (37.0%)

Largest asset managers voting on “Adopt Non-Employee Director Plan” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
GRIMES & COMPANY, INC.	681	0	0	0	For
FORUM FUNDS II	0	400	0	0	Against

25. Approve Stock Compensation Plan

COMPENSATION

Meeting held 2024-05-08.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,081 for, 0 against).

FOR: 1,081 (100.0%)

Largest asset managers voting on “Approve Stock Compensation Plan” at PACKAGING CORPORATION OF AMERICA, 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
GRIMES & COMPANY, INC.	681	0	0	0	For
FORUM FUNDS II	400	0	0	0	For

Largest PACKAGING CORPORATION OF AMERICA shareholders voting in 2023-2024

Ranked by the number of PACKAGING CORPORATION OF AMERICA shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 89,624,119 shares outstanding at the time of that meeting.

Top PACKAGING CORPORATION OF AMERICA shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	Vanguard	12.70%
2	BlackRock	7.82%
3	Fidelity	7.18%
4	Victory Capital	5.61%
5	Charles Schwab	4.97%
6	American Century	4.23%
7	Capital Group	3.73%
8	State Street	3.59%
9	Invesco	3.00%
10	GEODE CAPITAL MANAGEMENT, LLC	2.51%

Reported PACKAGING CORPORATION OF AMERICA ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

PACKAGING CORPORATION OF AMERICA beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	12.53%	13F
BlackRock	8.50%	13F
State Street	4.32%	13F
JPMorgan Chase	3.44%	13F
Charles Schwab	3.15%	13F
Geode Capital	2.53%	13F
Morgan Stanley	1.61%	13F
Invesco	1.54%	13F
Nuveen	1.36%	13F
Northern Trust	1.25%	13F

Percentages above are of 89,624,119 shares outstanding, as reported by PACKAGING CORPORATION OF AMERICA on its Form 10-K dated 2024-02-23 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from PACKAGING CORPORATION OF AMERICA’s 10-K dated 2024-02-23. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At PACKAGING CORPORATION OF AMERICA's shareholder meeting held 2024-05-08, in the 2023-2024 proxy season, 700 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,440 separate fund positions. Their filings are grouped here into 25 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. PACKAGING CORPORATION OF AMERICA's own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Proposal to approve our executive compensation. — the reporting funds cast 92% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

PACKAGING CORPORATION OF AMERICA proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.