Home › Asset managers › ETF Series Solutions › 2025-2026 › Against the board
3,234 proposals in the 2025-2026 proxy season: ETF Series Solutions voted against, or withheld its votes from, 3,162 proposals put forward by company boards, and voted for 72 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal ETF Series Solutions 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
3,234 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | ETF Series Solutions voted | Funds |
|---|---|---|---|---|---|---|---|
| MARKEL GROUP INC. | May 20, 2026 | Election of directors. Michael O'Reilly | Director Elections | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | Election of directors. Morgan E. Housel | Director Elections | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | Election of directors. Steven A. Markel | Director Elections | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | Election of directors. Thomas S. Gayner | Director Elections | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | Shareholder proposal for a report on the Company's strategies and action plans to mitigate material environmental risks. | Environment or Climate | Shareholder | Against | FOR | 1 |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | Election of Directors Deborah C. Hopkins | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | Election of Directors Tamara Ingram | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | Ratification of Selection of Independent Registered Public Accounting Firm | Audit-related | Board | AGAINST | 1 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | Election of Directors. Brad W. Buss | Director Elections | Board | AGAINST | 1 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | Election of Directors. Marachel L. Knight | Director Elections | Board | AGAINST | 1 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | Election of Directors. Matthew J. Murphy | Director Elections | Board | AGAINST | 1 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | Election of Directors. Rajiv Ramaswami | Director Elections | Board | AGAINST | 1 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | Election of Directors. Rebecca W. House | Director Elections | Board | AGAINST | 1 | |
| MARVELL TECHNOLOGY, INC. | June 25, 2026 | Election of Directors. Richard P. Wallace | Director Elections | Board | AGAINST | 1 | |
| MASCO CORPORATION | May 8, 2026 | Election of Directors. Christopher A. O'Herlihy | Director Elections | Board | AGAINST | 1 | |
| MASCO CORPORATION | May 8, 2026 | To ratify the selection of PricewaterhouseCoopers LLP as independent auditors for the Company for 2026. | Audit-related | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | Advisory approval of Mastercard's executive compensation | Say-on-Pay | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Choon Phong Goh | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Gabrielle Sulzberger | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Harit Talwar | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Julius Genachowski | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Lance Uggla | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Merit E. Janow | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Oki Matsumoto | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Richard K. Davis | Director Elections | Board | AGAINST | 1 | |
| MASTERCARD INCORPORATED | June 16, 2026 | ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS Youngme Moon | Director Elections | Board | AGAINST | 1 | |
| MATADOR RESOURCES COMPANY | June 11, 2026 | Advisory vote to approve the compensation of the Company's named executive officers | Say-on-Pay | Board | AGAINST | 1 | |
| MATADOR RESOURCES COMPANY | June 11, 2026 | Election of Director Nominees: Reynald A. Baribault | Director Elections | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | Election of Directors Ann L. McDaniel | Director Elections | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | Election of Directors Laura Rachel Jones | Director Elections | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | Election of Directors Manuel Bronstein | Director Elections | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | Election of Directors Thomas J. McInerney | Director Elections | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | Ratification of the appointment of Ernst & Young LLP as Match Group, Inc.'s independent registered public accounting firm for 2026. | Audit-related | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | To approve a non-binding advisory resolution on executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| MATCH GROUP, INC. | June 16, 2026 | To approve the Match Group, Inc. Second Amended and Restated 2024 Stock and Annual Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| MATSON, INC. | April 23, 2026 | DIRECTOR: Constance H. Lau | Director Elections | Board | ABSTAIN | 1 | |
| MATSON, INC. | April 23, 2026 | To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MATSUKIYOCOCOKARA & CO. | June 19, 2026 | Appoint a Director Matsumoto, Kiyoo | Director Elections | Board | AGAINST | 1 | |
| MATTEL, INC. | May 28, 2026 | Election of Directors. Dominic Ng | Director Elections | Board | AGAINST | 1 | |
| MATTEL, INC. | May 28, 2026 | Election of Directors. Ynon Kreiz | Director Elections | Board | AGAINST | 1 | |
| MATTEL, INC. | May 28, 2026 | Ratification of the selection of PricewaterhouseCoopers LLP as Mattel, Inc.'s independent registered public accounting firm for the year ending December 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MAXLINEAR, INC. | May 20, 2026 | To approve an amendment and restatement of the MaxLinear, Inc. Amended and Restated 2010 Equity Incentive Plan, including approval of a new ten-year term and an increase in the number of shares reserved thereunder by 3,204,107. | Compensation | Board | AGAINST | 1 | |
| MAXLINEAR, INC. | May 20, 2026 | To approve, on an advisory basis, the compensation of our named executive officers for the year ended December 31, 2025, as set forth in the proxy statement. | Say-on-Pay | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Advisory Vote to Approve the Company's Executive Compensation | Say-on-Pay | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Election of Director for a One-Year Term: Brian S. Tyler | Director Elections | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Election of Director for a One-Year Term: Deborah Dunsire, M.D. | Director Elections | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Election of Director for a One-Year Term: Dominic J. Caruso | Director Elections | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Election of Director for a One-Year Term: Julie L. Gerberding, M.D., M.P.H. | Director Elections | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Election of Director for a One-Year Term: Kathleen Wilson-Thompson | Director Elections | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Election of Director for a One-Year Term: W. Roy Dunbar | Director Elections | Board | AGAINST | 1 | |
| MCKESSON CORPORATION | July 30, 2025 | Ratification of Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for Fiscal Year 2026 | Audit-related | Board | AGAINST | 1 | |
| MEDPACE HOLDINGS, INC. | May 15, 2026 | To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MERCK & CO., INC. | May 26, 2026 | Election of Directors Pamela J. Craig | Director Elections | Board | AGAINST | 1 | |
| MERCK & CO., INC. | May 26, 2026 | Election of Directors Patricia F. Russo | Director Elections | Board | AGAINST | 1 | |
| MERCK & CO., INC. | May 26, 2026 | Election of Directors Paul B. Rothman, M.D. | Director Elections | Board | AGAINST | 1 | |
| MERCK & CO., INC. | May 26, 2026 | Election of Directors Thomas H. Glocer | Director Elections | Board | AGAINST | 1 | |
| MERCK & CO., INC. | May 26, 2026 | Ratification of the appointment of the Company's independent registered public accounting firm for 2026. | Audit-related | Board | AGAINST | 1 | |
| META PLATFORMS, INC. | May 27, 2026 | A shareholder proposal regarding report on integrating child safety improvements into the executive compensation program. | Other Social Issues | Shareholder | Against | FOR | 1 |
| META PLATFORMS, INC. | May 27, 2026 | A shareholder proposal regarding report on risks of anti-American discrimination from H-1B visa program use. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| METLIFE, INC. | June 16, 2026 | Advisory (non-binding) vote to approve the compensation paid to MetLife, Inc.'s Named Executive Officers | Say-on-Pay | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors Carla A. Harris | Director Elections | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors Diana L. McKenzie | Director Elections | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors Jeh C. Johnson | Director Elections | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors Mark A. Weinberger | Director Elections | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors Michelle Seitz | Director Elections | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors R. Glenn Hubbard, Ph.D. | Director Elections | Board | AGAINST | 1 | |
| METLIFE, INC. | June 16, 2026 | Election of Directors William E. Kennard | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Advisory Vote to Approve Executive Compensation | Say-on-Pay | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Brian Shepherd | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Domitille Doat-Le Bigot | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Elisha W. Finney | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Ingrid Zhang | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Michael J. Tokich | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Pablo Perversi | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Roland Diggelmann | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Thomas P. Salice | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Election of Directors Wolfgang Wienand | Director Elections | Board | AGAINST | 1 | |
| METTLER-TOLEDO INTERNATIONAL INC. | May 7, 2026 | Ratification of Independent Registered Public Accounting Firm | Audit-related | Board | AGAINST | 1 | |
| MGP INGREDIENTS, INC. | May 13, 2026 | Approve the MGP Ingredients, Inc. Amended and Restated 2024 Equity Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| MGP INGREDIENTS, INC. | May 13, 2026 | Election of Directors Thomas A. Gerke | Director Elections | Board | AGAINST | 1 | |
| MGP INGREDIENTS, INC. | May 13, 2026 | Election of Directors Todd B. Siwak | Director Elections | Board | AGAINST | 1 | |
| MICRON TECHNOLOGY, INC. | January 15, 2026 | ELECTION OF DIRECTORS. Linnie M. Haynesworth | Director Elections | Board | AGAINST | 1 | |
| MICRON TECHNOLOGY, INC. | January 15, 2026 | ELECTION OF DIRECTORS. Lynn A. Dugle | Director Elections | Board | AGAINST | 1 | |
| MICROSOFT CORPORATION | December 5, 2025 | Report on Data Operations in Human Rights Hotspots | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| MICROSOFT CORPORATION | December 5, 2025 | Report on Human Rights Due Diligence | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors Alan B. Graf, Jr. | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors Brad Hill | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors David P. Stockert | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors Deborah H. Caplan | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors Edith Kelly-Green | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors H. Eric Bolton, Jr. | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors John P. Case | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors Sheila K. McGrath | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Election of Directors Tamara Fischer | Director Elections | Board | AGAINST | 1 | |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | May 19, 2026 | Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2026. | Audit-related | Board | AGAINST | 1 | |
| MINISO GROUP HOLDING LIMITED | June 18, 2026 | Conditional upon the passing of the ordinary resolutions numbered 4(A) and 4(B), to extend the authority given to the Directors pursuant to ordinary resolution numbered 4(A) to issue shares by adding to the number of shares of the Company which may be allotted and issued by the Directors pursuant to such general mandate of an amount representing the number of shares repurchased under ordinary resolution numbered 4(B). | Capital Structure | Board | AGAINST | 1 | |
| MINISO GROUP HOLDING LIMITED | June 18, 2026 | To grant a general mandate to the Directors to allot, issue and/or otherwise deal with additional shares (including any sale or transfer of treasury shares out of the treasury) not exceeding 10% of the total number of issued shares of the Company (excluding any treasury shares) as at the date of passing this resolution. | Capital Structure | Board | AGAINST | 1 | |
| MITSUBISHI UFJ FINANCIAL GROUP, INC. | June 26, 2026 | Election of Director: Hironori Kamezawa | Director Elections | Board | AGAINST | 1 | |
| MITSUBISHI UFJ FINANCIAL GROUP, INC. | June 26, 2026 | Election of Director: Hiroshi Kubota | Director Elections | Board | AGAINST | 1 | |
| MITSUBISHI UFJ FINANCIAL GROUP, INC. | June 26, 2026 | Election of Director: Hiroyuki Seki | Director Elections | Board | AGAINST | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.