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Compiled from SEC Form N-PX filings and PACKAGING CORPORATION OF AMERICA’s Form 8-K, filed 2025-05-12 (Item 5.07 on EDGAR). Page generated 02 October 2026.
Explore PACKAGING CORPORATION OF AMERICA in the interactive database Compare manager voting policies
These tallies are PACKAGING CORPORATION OF AMERICA’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-12 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Cheryl K. Beebe | 69,338,428 | 5,275,498 | 174,806 | -- | 6,800,696 | Majority: yes |
| Elect Director: Duane C. Farrington | 74,563,600 | 174,570 | 100,562 | -- | 6,800,696 | Majority: yes |
| Elect Director: Karen E. Gowland | 73,460,518 | 1,226,083 | 152,131 | -- | 6,800,696 | Majority: yes |
| Elect Director: Donna A. Harman | 74,568,593 | 174,532 | 95,607 | -- | 6,800,696 | Majority: yes |
| Elect Director: Mark W. Kowlzan | 70,120,526 | 4,615,493 | 102,713 | -- | 6,800,696 | Majority: yes |
| Elect Director: Robert C. Lyons | 72,035,745 | 2,702,555 | 100,432 | -- | 6,800,696 | Majority: yes |
| Elect Director: Samuel M. Mencoff | 67,098,598 | 5,707,833 | 2,032,301 | -- | 6,800,696 | Majority: yes |
| Elect Director: Roger B. Porter | 64,959,709 | 7,842,625 | 2,036,398 | -- | 6,800,696 | Majority: yes |
| Elect Director: Thomas S. Souleles | 71,181,010 | 3,552,040 | 105,682 | -- | 6,800,696 | Majority: yes |
| Elect Director: Paul T. Stecko | 72,000,522 | 2,736,586 | 101,624 | -- | 6,800,696 | Majority: yes |
Source: PACKAGING CORPORATION OF AMERICA, Form 8-K, filed with the SEC on 2025-05-12 — read the filing on EDGAR.
Each item below shows how the 773 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.
Meeting held 2025-05-07.
Combines 5 wordings of this item as funds reported it.
95% fund support · no official result
The 712 asset managers below cast 95% of the shares they voted on this item FOR (72,989,180 for, 4,144,497 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,755,916 | 2,673 | 0 | 0 | For |
| BlackRock | 7,237,251 | 1,555 | 0 | 0 | For |
| Charles Schwab | 6,364,957 | 0 | 0 | 0 | For |
| Fidelity | 5,645,926 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,816,072 | 0 | 0 | 0 | For |
| State Street | 3,388,051 | 0 | 0 | 0 | For |
| Victory Capital | 2,462,144 | 0 | 0 | 0 | For |
| Capital Group | 2,460,287 | 0 | 0 | 0 | For |
| Invesco | 2,445,518 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,317,197 | 0 | 0 | 0 | For |
| American Century | 0 | 2,286,299 | 0 | 0 | Against |
| Columbia Threadneedle | 1,325,064 | 0 | 0 | 0 | For |
| Boston Partners | 1,249,619 | 0 | 0 | 0 | For |
| Dimensional | 1,143,176 | 0 | 0 | 0 | For |
| John Hancock | 1,118,827 | 0 | 0 | 0 | For |
| Northern Trust | 896,509 | 0 | 0 | 0 | For |
| Two Sigma | 701,735 | 0 | 0 | 0 | For |
| Select Equity Group, L.P. | 687,199 | 0 | 0 | 0 | For |
| BALYASNY ASSET MANAGEMENT L.P. | 537,189 | 0 | 0 | 0 | For |
| AQR | 502,603 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 493,274 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 455,617 | 0 | 0 | 0 | For |
| MARSHALL WACE, LLP | 449,184 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 435,992 | 0 | 0 | 0 | For |
| Point72 | 431,363 | 0 | 0 | 0 | For |
Showing the 25 largest of 712 asset managers. See all 712 in the interactive database.
Meeting held 2025-05-07.
Combines 5 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Cheryl K. Beebe”): 69,338,428 for, 5,275,498 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 77% for, 6% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 97% of the shares they voted on this item FOR (34,243,172 for, 1,030,876 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,216 | 5 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 472 | 981,403 | 0 | 0 | Against |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 110,929 | 19,600 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 6 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Donna A. Harman”): 74,568,593 for, 174,532 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 83% for, 0.2% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.9% of the shares they voted on this item FOR (35,347,051 for, 5,739 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,221 | 0 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 6 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Duane C. Farrington”): 74,563,600 for, 174,570 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 83% for, 0.2% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.9% of the shares they voted on this item FOR (35,351,911 for, 879 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,221 | 0 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Karen E. Gowland”): 73,460,518 for, 1,226,083 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 82% for, 1% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.8% of the shares they voted on this item FOR (35,316,892 for, 35,898 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,220 | 1 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,875 | 0 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 6 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Mark W. Kowlzan”): 70,120,526 for, 4,615,493 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 78% for, 5% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.9% of the shares they voted on this item FOR (35,321,080 for, 31,710 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,217 | 4 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 5 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Paul T. Stecko”): 72,000,522 for, 2,736,586 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 80% for, 3% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.9% of the shares they voted on this item FOR (35,327,250 for, 25,540 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,218 | 3 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 228,859 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 5 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Robert C. Lyons”): 72,035,745 for, 2,702,555 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 80% for, 3% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.7% of the shares they voted on this item FOR (35,263,756 for, 89,034 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,218 | 3 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 5 wordings of this item as funds reported it.
89% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Roger B. Porter”): 64,959,709 for, 7,842,625 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 72% for, 9% against (81% of the company cast a for/against vote).
The 139 asset managers below cast 95% of the shares they voted on this item FOR (33,563,665 for, 1,789,123 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,180,542 | 2,677 | 2 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 472 | 981,403 | 0 | 0 | Against |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 0 | 329,398 | 0 | 0 | Against |
| Jackson National | 237,287 | 65,072 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 110,929 | 19,600 | 0 | 0 | For |
| WisdomTree | 0 | 130,487 | 0 | 0 | Against |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,362 | 441 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 6 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Samuel M. Mencoff”): 67,098,598 for, 5,707,833 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 75% for, 6% against (81% of the company cast a for/against vote).
The 139 asset managers below cast 97% of the shares they voted on this item FOR (34,147,497 for, 1,205,291 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,214 | 5 | 2 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 472 | 981,403 | 0 | 0 | Against |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 110,929 | 19,600 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 6 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
PACKAGING CORPORATION OF AMERICA’s own tally for this item (“Elect Director: Thomas S. Souleles”): 71,181,010 for, 3,552,040 against, per its Form 8-K filed 2025-05-12 (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 89,980,004 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).
The 139 asset managers below cast 99.6% of the shares they voted on this item FOR (35,223,054 for, 129,736 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,180,547 | 2,673 | 0 | 0 | For |
| BlackRock | 3,970,427 | 582 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Meeting held 2025-05-07.
Combines 3 wordings of this item as funds reported it.
99.8% fund support · no official result
The 133 asset managers below cast 99.8% of the shares they voted on this item FOR (35,212,180 for, 63,637 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,183,220 | 1 | 0 | 0 | For |
| BlackRock | 3,971,009 | 0 | 0 | 0 | For |
| Charles Schwab | 3,174,105 | 0 | 0 | 0 | For |
| Fidelity | 2,822,003 | 0 | 0 | 0 | For |
| American Century | 1,321,344 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,307,430 | 0 | 0 | 0 | For |
| Capital Group | 1,229,648 | 0 | 0 | 0 | For |
| Invesco | 1,146,774 | 0 | 0 | 0 | For |
| Victory Capital | 1,095,917 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,055,167 | 0 | 0 | 0 | For |
| John Hancock | 1,047,163 | 0 | 0 | 0 | For |
| State Street | 981,857 | 18 | 0 | 0 | For |
| Dimensional | 930,582 | 0 | 0 | 0 | For |
| JPMorgan | 347,370 | 0 | 0 | 0 | For |
| TIAA | 329,398 | 0 | 0 | 0 | For |
| Jackson National | 302,359 | 0 | 0 | 0 | For |
| First Trust | 296,983 | 0 | 0 | 0 | For |
| ETF Series Solutions | 166,030 | 62,829 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 152,011 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 136,700 | 0 | 0 | 0 | For |
| Waddell & Reed | 130,860 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,529 | 0 | 0 | 0 | For |
| WisdomTree | 130,487 | 0 | 0 | 0 | For |
| Neuberger Berman | 129,800 | 0 | 0 | 0 | For |
| Brighthouse | 68,803 | 0 | 44,069 | 0 | For |
Showing the 25 largest of 133 asset managers. See all 133 in the interactive database.
Meeting held 2025-05-07.
94% fund support · no official result
The 33 asset managers below cast 94% of the shares they voted on this item FOR (2,651,111 for, 156,825 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| JPMorgan | 2,118,835 | 0 | 0 | 0 | For |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 312,800 | 0 | 0 | 0 | For |
| APG Asset Management US Inc. | 0 | 108,910 | 0 | 0 | Against |
| TD ASSET MANAGEMENT INC | 58,174 | 0 | 0 | 0 | For |
| Empower | 44,064 | 0 | 0 | 0 | For |
| CAMBIAR INVESTORS LLC | 40,578 | 0 | 0 | 0 | For |
| Union Investment Privatfonds GmbH | 0 | 31,000 | 0 | 0 | Against |
| STOREBRAND ASSET MANAGEMENT AS | 25,036 | 0 | 0 | 0 | For |
| GuideStone | 11,879 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust | 10,608 | 0 | 0 | 0 | For |
| NORDEA INVESTMENT MANAGEMENT AB | 0 | 7,465 | 0 | 0 | Against |
| Desjardins Global Asset Management Inc. | 0 | 7,448 | 0 | 0 | Against |
| Northern Lights Variable Trust | 6,089 | 0 | 0 | 0 | For |
| iA Global Asset Management Inc. | 5,079 | 0 | 0 | 0 | For |
| SIERRA SUMMIT ADVISORS LLC | 4,895 | 0 | 0 | 0 | For |
| HC CAPITAL TRUST | 2,891 | 0 | 0 | 0 | For |
| Regime de rentes du Mouvement Desjardins | 0 | 1,886 | 0 | 0 | Against |
| Metzler Asset Management GmbH | 1,861 | 0 | 0 | 0 | For |
| Fractal Investments LLC | 1,800 | 0 | 0 | 0 | For |
| ALGERT GLOBAL LLC | 1,320 | 0 | 0 | 0 | For |
| CLEARWATER INVESTMENT TRUST | 1,200 | 0 | 0 | 0 | For |
| TD Waterhouse Canada Inc. | 1,150 | 0 | 0 | 0 | For |
| Wilshire Advisors LLC | 1,019 | 0 | 0 | 0 | For |
| Qtron Investments LLC | 982 | 0 | 0 | 0 | For |
| Virtus | 242 | 0 | 0 | 0 | For |
Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.
Meeting held 2025-05-07.
77% fund support · no official result
The 12 asset managers below cast 77% of the shares they voted on this item FOR (17,321 for, 5,040 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| OLD SECOND NATIONAL BANK OF AURORA | 9,510 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 0 | 5,000 | 0 | 0 | Against |
| River Street Advisors LLC | 4,970 | 0 | 0 | 0 | For |
| MQS Management LLC | 2,303 | 0 | 0 | 0 | For |
| LEAVELL INVESTMENT MANAGEMENT, INC. | 0 | 0 | 0 | 0 | Not Voted |
| EAGLE GLOBAL ADVISORS LLC | 252 | 0 | 0 | 0 | For |
| Focus Partners Wealth | 230 | 0 | 0 | 0 | For |
| WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV | 0 | 40 | 0 | 0 | Against |
| COURIER CAPITAL LLC | 25 | 0 | 0 | 0 | For |
| Baker Avenue Asset Management, LP | 20 | 0 | 0 | 0 | For |
| ESL Trust Services, LLC | 8 | 0 | 0 | 0 | For |
| VOISARD ASSET MANAGEMENT GROUP, INC. | 3 | 0 | 0 | 0 | For |
Meeting held 2025-05-07.
100% fund support · no official result
The 6 asset managers below cast 100% of the shares they voted on this item FOR (76,731 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Empower | 44,064 | 0 | 0 | 0 | For |
| GuideStone | 11,879 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust | 10,608 | 0 | 0 | 0 | For |
| Northern Lights Variable Trust | 6,089 | 0 | 0 | 0 | For |
| HC CAPITAL TRUST | 2,891 | 0 | 0 | 0 | For |
| CLEARWATER INVESTMENT TRUST | 1,200 | 0 | 0 | 0 | For |
Meeting held 2025-05-07.
100% fund support · no official result
The 5 asset managers below cast 100% of the shares they voted on this item FOR (6,347 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| WILLIAMSBURG INVESTMENT TRUST | 6,000 | 0 | 0 | 0 | For |
| Virtus | 242 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST III | 94 | 0 | 0 | 0 | For |
| ESL Trust Services, LLC | 8 | 0 | 0 | 0 | For |
| VOISARD ASSET MANAGEMENT GROUP, INC. | 3 | 0 | 0 | 0 | For |
Meeting held 2024-05-08 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).
Combines 2 wordings of this item as funds reported it.
19% fund support · no official result
The 4 asset managers below cast 19% of the shares they voted on this item FOR (392 for, 1,709 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| COLDSTREAM CAPITAL MANAGEMENT INC | 0 | 1,709 | 0 | 0 | Against |
| Seascape Capital Management | 238 | 0 | 0 | 0 | For |
| Americana Partners, LLC | 154 | 0 | 0 | 0 | For |
| Echo45 Advisors LLC | 0 | 0 | 0 | 0 | -- |
Meeting held 2025-05-07.
All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.
100% fund support · no official result
The 3 asset managers below cast 100% of the shares they voted on this item FOR.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| WILLIAMSBURG INVESTMENT TRUST | 6,000 | 0 | 0 | 0 | For |
| ESL Trust Services, LLC | 8 | 0 | 0 | 0 | For |
| VOISARD ASSET MANAGEMENT GROUP, INC. | 3 | 0 | 0 | 0 | For |
Ranked by the number of PACKAGING CORPORATION OF AMERICA shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 89,980,004 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 13.07% |
| 2 | BlackRock | 8.04% |
| 3 | Charles Schwab | 7.08% |
| 4 | Fidelity | 6.27% |
| 5 | T. Rowe Price | 4.24% |
| 6 | State Street | 3.77% |
| 7 | Victory Capital | 2.74% |
| 8 | Capital Group | 2.73% |
| 9 | Invesco | 2.72% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.58% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| Vanguard Group | 12.26% | 13F |
| BlackRock | 10.07% | 13F |
| State Street | 4.51% | 13F |
| Charles Schwab | 3.64% | 13F |
| JPMorgan Chase | 3.38% | 13F |
| T. Rowe Price | 2.63% | 13F |
| Invesco | 1.53% | 13F |
| Morgan Stanley | 1.48% | 13F |
| Dimensional Fund Advisors | 1.39% | 13F |
Percentages above are of 89,980,004 shares outstanding, as reported by PACKAGING CORPORATION OF AMERICA on its Form 10-Q dated 2025-05-02 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
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-Q dated 2025-05-02. 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 2025-05-07, in the 2024-2025 proxy season, 773 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,091 separate fund positions. Their filings are grouped here into 18 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 95% 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 · 2024-2025 (this page) · 2025-2026.