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GMO 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal GMO voted AGAINST or withheld on, and a shareholder proposal it voted FOR. 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

1,541 proposals.

GMO, 2025-2026 proxy season. Who put a proposal on the ballot is taken from its N-PX category; see the method note on the overview page.
CompanyMeetingProposalCategory On the ballot fromGMO votedFunds
Odfjell Drilling Ltd. 2026-06-16 Approve Remuneration Report Compensation Board AGAINST 2
Oki Electric Industry Co., Ltd. 2026-06-24 Elect Director Mori, Takahiro Director Elections Board AGAINST 2
Origin Enterprises Plc 2025-11-20 Re-elect Gary Britton as Director Director Elections Board AGAINST 2
PAX Global Technology Limited 2026-05-20 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
PAX Global Technology Limited 2026-05-20 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
PAX Global Technology Limited 2026-05-20 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
PERSOL Holdings Co., Ltd. 2026-06-23 Elect Director and Audit Committee Member Tomoda, Kazuhiko Director Elections Board AGAINST 2
PagSeguro Digital Ltd. 2025-12-19 Elect Director Alexandre Magnani Director Elections Board AGAINST 2
PagSeguro Digital Ltd. 2025-12-19 Elect Director Artur Schunck Director Elections Board AGAINST 2
PayPal Holdings, Inc. 2026-05-19 Approval of the PayPal Holdings, Inc. 2026 Equity Incentive Award Plan. Compensation Board AGAINST 2
Permian Resources Corporation 2026-05-19 To approve the First Amendment to the Permian Resources Corporation 2023 Long Term Incentive Plan. Compensation Board AGAINST 2
Petroleo Brasileiro SA 2026-04-16 Elect Domenica Eisenstein Noronha as Fiscal Council Member and Ricardo Henrique Baras as Alternate Appointed by Preferred Shareholder Audit-related Board ABSTAIN 2
Petroleo Brasileiro SA 2026-04-16 Elect Jeronimo Antunes as Director Appointed by Preferred Shareholder Director Elections Board ABSTAIN 2
Power Finance Corporation Limited 2025-08-28 Reelect Naresh Dhanrajbhai Kella as Director Director Elections Board AGAINST 2
Power Finance Corporation Limited 2025-08-28 Reelect Rajiv Ranjan Jha as Director Director Elections Board AGAINST 2
Power Finance Corporation Limited 2025-08-28 Reelect Usha Sajeev Nair as Director Director Elections Board AGAINST 2
Power Grid Corporation of India Limited 2025-08-26 Approve Appointment and Remuneration of Vamsi Ramamohan Burra as Whole-Time Director Compensation Board AGAINST 2
Power Grid Corporation of India Limited 2025-08-26 Elect Abhay Bakre as Director Director Elections Board AGAINST 2
Power Grid Corporation of India Limited 2025-08-26 Elect Sajal Jha as Director Director Elections Board AGAINST 2
Power Grid Corporation of India Limited 2025-08-26 Elect Shiv Tapasya Paswan as Director Director Elections Board AGAINST 2
Power Grid Corporation of India Limited 2025-08-26 Reelect Naveen Srivastava as Director Director Elections Board AGAINST 2
Power Grid Corporation of India Limited 2025-08-26 Reelect Yatindra Dwivedi as Director Director Elections Board AGAINST 2
Prosegur Compania de Seguridad SA 2026-04-30 Advisory Vote on Remuneration Report Compensation Board AGAINST 2
Prosegur Compania de Seguridad SA 2026-04-30 Approve Long-Term Incentive Plan Compensation Board AGAINST 2
Prosegur Compania de Seguridad SA 2026-04-30 Approve Remuneration Policy Compensation Board AGAINST 2
Rajesh Exports Limited 2025-12-30 Reelect Asha Mehta as Director Director Elections Board AGAINST 2
Robinsons Retail Holdings, Inc. 2026-05-12 Elect James L. Go as Director Director Elections Board AGAINST 2
Robinsons Retail Holdings, Inc. 2026-05-12 Elect Lance Y. Gokongwei as Director Director Elections Board AGAINST 2
Rohto Pharmaceutical Co., Ltd. 2026-06-24 Initiate Share Repurchase Program Capital Structure Board AGAINST 2
Rohto Pharmaceutical Co., Ltd. 2026-06-24 Remove Incumbent Director Yamada, Kunio Director Elections Board AGAINST 2
SHINANEN Holdings Co., Ltd. 2026-06-25 Elect Director and Audit Committee Member Ohashi, Hiroyuki Director Elections Board AGAINST 2
Sakai Moving Service Co., Ltd. 2026-06-20 Elect Director and Audit Committee Member Takahashi, Masaya Director Elections Board AGAINST 2
Salesforce, Inc. 2026-05-28 Amendment and restatement of our 2013 Equity Incentive Plan to increase the number of shares reserved for issuance and extend the plan term. Compensation Board AGAINST 2
Sankyo Co., Ltd. 2026-06-26 Elect Director and Audit Committee Member Yamasaki, Hiroyuki Director Elections Board AGAINST 2
Seaboard Corporation 2026-04-20 Election of directors: Ellen S. Bresky Director Elections Board ABSTAIN 2
Seaboard Corporation 2026-04-20 Election of directors: Paul M. Squires Director Elections Board ABSTAIN 2
Sekisui Jushi Corp. 2026-06-25 Approve Cash Compensation Ceiling for Directors and Restricted Stock Plan Compensation Board AGAINST 2
Shinnihon Corp. 2026-06-26 Approve Director Retirement Bonus Compensation Board AGAINST 2
Shinnihon Corp. 2026-06-26 Elect Director Kanetsuna, Kazuo Director Elections Board AGAINST 2
Shinnihon Corp. 2026-06-26 Elect Director Takami, Katsushi Director Elections Board AGAINST 2
SmarTone Telecommunications Holdings Limited 2025-11-04 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
SmarTone Telecommunications Holdings Limited 2025-11-04 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Southern Cross Media Group Limited 2025-11-24 Approve Conditional Spill Resolution Compensation Board AGAINST 2
Southern Cross Media Group Limited 2025-11-24 Approve Removal of Any Other Director Appointed as Director Between 9 May 2025 and the Date of the AGM under Section 203D of the Corporations Act Director Elections Board AGAINST 2
Southern Cross Media Group Limited 2025-11-24 Elect Ido Leffler as Director Director Elections Board AGAINST 2
Southern Cross Media Group Limited 2025-11-24 Remove Ido Leffler as Director Director Elections Board AGAINST 2
Southern Cross Media Group Limited 2025-11-24 Remove Marina Go as Director Director Elections Board AGAINST 2
StarHub Ltd. 2026-04-30 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 2
Starts Corp., Inc. 2026-06-26 Approve Director Retirement Bonus Compensation Board AGAINST 2
Starts Corp., Inc. 2026-06-26 Elect Director Muraishi, Hisaji Director Elections Board AGAINST 2
Starts Corp., Inc. 2026-06-26 Elect Director Muraishi, Toyotaka Director Elections Board AGAINST 2
Steelcase Inc. 2025-07-09 Election of ten nominees to the Board of Directors: Catherine C. B. Schmelter Director Elections Board AGAINST 2
Steelcase Inc. 2025-07-09 Election of ten nominees to the Board of Directors: Cathy D. Ross Director Elections Board AGAINST 2
Steelcase Inc. 2025-07-09 Election of ten nominees to the Board of Directors: Connie K. Duckworth Director Elections Board AGAINST 2
Steelcase Inc. 2025-07-09 Election of ten nominees to the Board of Directors: Timothy C. E. Brown Director Elections Board AGAINST 2
Steelcase Inc. 2025-12-05 Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Steelcase's named executive officers that is based on or otherwise relates to the mergers contemplated by the Merger Agreement (the "Steelcase compensation proposal"). Say-on-Pay Board AGAINST 2
StepStone Group Inc. 2025-09-09 To elect the nine director nominees named in the proxy statement, each to serve for a one-year term and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, removal, retirement or disqualification: Monte M. Brem Director Elections Board ABSTAIN 2
Stolt-Nielsen Ltd. 2026-04-16 Authorize Share Repurchase Program Capital Structure Board AGAINST 2
Stolt-Nielsen Ltd. 2026-04-16 Elect Jan Chr. Engelhardtsen as Director Director Elections Board AGAINST 2
Stolt-Nielsen Ltd. 2026-04-16 Elect Jens F. Gruner-Hegge as Director Director Elections Board AGAINST 2
Stolt-Nielsen Ltd. 2026-04-16 Elect Niels G. Stolt-Nielsen as Board Chair Director Elections Board AGAINST 2
Stolt-Nielsen Ltd. 2026-04-16 Elect Niels G. Stolt-Nielsen as Director Director Elections Board AGAINST 2
Texhong International Group Limited 2026-05-22 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Texhong International Group Limited 2026-05-22 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
Texhong International Group Limited 2026-05-22 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
The Travelers Companies, Inc. 2026-05-20 Amendment to The Travelers Companies, Inc. Amended and Restated 2023 Stock Incentive Plan. Compensation Board AGAINST 2
The Yokohama Rubber Co., Ltd. 2026-03-27 Elect Alternate Director and Audit Committee Member Furukawa, Junichi Director Elections Board AGAINST 2
Towa Pharmaceutical Co., Ltd. 2026-06-24 Elect Director and Audit Committee Member Taniguchi, Muneya Director Elections Board AGAINST 2
Tradeweb Markets Inc. 2026-05-19 Election of Directors: Catherine Johnson Director Elections Board ABSTAIN 2
Tradeweb Markets Inc. 2026-05-19 Election of Directors: Daniel Maguire Director Elections Board ABSTAIN 2
Tradeweb Markets Inc. 2026-05-19 Election of Directors: Scott Ganeles Director Elections Board ABSTAIN 2
Transcontinental Inc. 2026-03-10 Elect Director Mario Plourde Director Elections Board AGAINST 2
UNIQA Insurance Group AG 2026-06-09 Approve Remuneration Report Compensation Board AGAINST 2
UOL Group Limited 2026-04-27 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 2
UOL Group Limited 2026-04-27 Elect Lee Chin Yong Francis as Director Director Elections Board AGAINST 2
Unicaja Banco SA 2026-04-09 Elect Maria Isabel Martinez Torre-Enciso as Director Director Elections Board AGAINST 2
Unicaja Banco SA 2026-04-09 Elect Maria Nieves Garcia Santos as Director Director Elections Board AGAINST 2
Unicaja Banco SA 2026-04-09 Reelect Jose Ramon Sanchez Serrano as Director Director Elections Board AGAINST 2
Unicaja Banco SA 2026-04-09 Reelect Miguel Gonzalez Moreno as Director Director Elections Board AGAINST 2
Unifin Financiera, S.A.B. de C.V. 2026-04-30 Elect Directors; Verify Independence Qualification; Elect Secretary and Alternate (Non-Members) of Board, Chair, Members of Audit, Corporate Practices, Risk, Evaluation and Compensation, Planning, Finance, Governance Committees; Approve Remuneration Director Elections Board AGAINST 2
Unifin Financiera, S.A.B. de C.V. 2026-04-30 Set Maximum Amount of Share Repurchase Reserve; Approve Share Repurchase Report Capital Structure Board AGAINST 2
United Energy Group Limited 2026-06-05 Adopt Share Incentive Scheme Compensation Board AGAINST 2
United Energy Group Limited 2026-06-05 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
United Energy Group Limited 2026-06-05 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
United States Lime & Minerals, Inc. 2026-05-01 To elect Directors - Nominees: A. M. Doumet Director Elections Board ABSTAIN 2
Valqua Ltd. 2026-06-18 Appoint Statutory Auditor Takahashi, Hidenori Compensation Board AGAINST 2
Var Energi ASA 2026-05-29 Approve Creation of NOK 39.9 Million Pool of Capital without Preemptive Rights Capital Structure Board AGAINST 2
Var Energi ASA 2026-05-29 Approve Remuneration Statement Compensation Board AGAINST 2
Var Energi ASA 2026-05-29 Authorize Share Repurchase Program and Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Vienna Insurance Group AG 2026-05-22 Approve Remuneration Report Compensation Board AGAINST 2
Wacoal Holdings Corp. 2026-06-29 Elect Director Yajima, Masaaki Director Elections Board AGAINST 2
Weatherford International plc 2026-06-11 Scheme Related Business If the Scheme of Arrangement proposal is approved at the Court Meeting: To approve the Scheme of Arrangement by, and on behalf of, Weatherford International plc ("Weatherford-Ireland') and to authorize the directors of Weatherford-Ireland to take all such actions as they consider necessary or appropriate for carrying the Scheme of Arrangement into effect. Extraordinary Transactions Board AGAINST 2
Weatherford International plc 2026-06-11 To agree to a scheme of arrangement under Chapter 1 of Part 9 of the Companies Act 2014, as amended, substantially in the form attached as Annex C to the Proxy Statement, that, once it becomes effective, will result in you owning common stock of Weatherford International Corp Instead of ordinary shares of Weatherford international plc. Extraordinary Transactions Board AGAINST 2
Weatherford International plc 2026-06-11 To approve a capital reduction under sections 84 to 86 of the Companies Act to effect the cancellation of Weatherford-Ireland ordinary shares contemplated by the Scheme of Arrangement. Capital Structure Board AGAINST 2
Weatherford International plc 2026-06-11 To approve the terms of an initial subscription, allotment and issue of one, or more, Weatherford-Ireland ordinary shares to Weatherford International Corp ("Weatherford-US") in connection with the Scheme of Arrangement. Extraordinary Transactions Board AGAINST 2
Weatherford International plc 2026-06-11 To authorize the directors of Weatherford-Ireland to allot and issue further new Weatherford-Ireland ordinary shares to Weatherford-US in connection with the Scheme of Arrangement to be paid up by the application of certain reserves as described in the Scheme of Arrangement. Extraordinary Transactions Board AGAINST 2
Whitecap Resources Inc. 2026-05-13 Elect Director Glenn A. McNamara Director Elections Board ABSTAIN 2
Yamazen Corp. 2026-06-23 Elect Director and Audit Committee Member Tsuda, Yoshinori Director Elections Board AGAINST 2
Yankuang Energy Group Company Limited 2026-06-26 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Shares Capital Structure Board AGAINST 2
Yankuang Energy Group Company Limited 2026-06-26 Approve Provision of Financial Guarantee(s) and Authorize Yancoal Australia Limited and Its Subsidiaries to Provide Guarantee(s) in Relation to Daily Operations to the Subsidiaries of the Company in Australia Capital Structure Board AGAINST 2

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Built 2026-10-04 from SEC Form N-PX filings.