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Northern Trust 2024-2025: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Northern Trust 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

6,127 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.

Northern Trust, 2024-2025 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 fromNorthern Trust votedFunds
BB Seguridade Participacoes SA 2025-04-29 Percentage of Votes to Be Assigned - Elect Marcos Rogerio de Souza as Director (Appointed by Uniao) Director Elections Board ABSTAIN 5
BB Seguridade Participacoes SA 2025-04-29 Percentage of Votes to Be Assigned - Elect Maria Carolina Ferreira Lacerda as Independent Director as Minority Representative Under Majority Board Election Director Elections Board ABSTAIN 5
BB Seguridade Participacoes SA 2025-04-29 Percentage of Votes to Be Assigned - Elect Rosiane Barbosa Laviola as Director (Appointed by Banco do Brasil) Director Elections Board ABSTAIN 5
BIOGEN INC. 2025-06-17 Say on Pay - To hold an advisory vote on executive compensation. Say-on-Pay Board AGAINST 5
BLACKROCK INC. 2025-05-15 Approval, in a non-binding advisory vote, of the compensation for named executive officers. Say-on-Pay Board AGAINST 5
Barrick Gold Corporation 2025-05-06 Elect Director John L. Thornton Director Elections Board ABSTAIN 5
Beiersdorf AG 2025-04-17 Approve Remuneration Policy Compensation Board AGAINST 5
Beiersdorf AG 2025-04-17 Approve Remuneration Report Compensation Board AGAINST 5
CARLYLE GROUP INC. 2025-05-29 Non-Binding Vote to Approve Named Executive Officer Compensation ("Say-on-Pay"). Say-on-Pay Board AGAINST 5
CK Infrastructure Holdings Limited 2025-05-21 Elect Frank John Sixt as Director Director Elections Board AGAINST 5
CORPAY INC. 2025-06-11 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 5
COSTAR GROUP INC. 2025-06-26 Proposal to approve, on an advisory basis, the Company's executive compensation. Say-on-Pay Board AGAINST 5
CSX Corporation 2025-05-07 Election of Directors: John J. Zillmer Director Elections Board AGAINST 5
CVS HEALTH CORP. 2025-05-15 Say on Pay, a Proposal to Approve, on an Advisory Basis, the Company's Executive Compensation. Say-on-Pay Board AGAINST 5
Carrefour SA 2025-05-28 Reelect Flavia Buarque de Almeida as Director Director Elections Board AGAINST 5
Central Japan Railway Co. 2025-06-25 Appoint Statutory Auditor Ishii, Shohei Compensation Board AGAINST 5
Central Japan Railway Co. 2025-06-25 Elect Director Kaneko, Shin Director Elections Board AGAINST 5
Central Japan Railway Co. 2025-06-25 Elect Director Niwa, Shunsuke Director Elections Board AGAINST 5
China Merchants Port Holdings Company Limited 2025-06-03 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 5
China Merchants Port Holdings Company Limited 2025-06-03 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 5
China Shenhua Energy Company Limited 2024-09-30 Elect Chen Hanwen as Director Director Elections Board AGAINST 5
Chubu Electric Power Co., Inc. 2025-06-26 Elect Director Hayashi, Kingo Director Elections Board AGAINST 5
Chubu Electric Power Co., Inc. 2025-06-26 Elect Director Katsuno, Satoru Director Elections Board AGAINST 5
Cintas Corporation 2024-10-29 Election of Directors: Joseph Scaminace Director Elections Board AGAINST 5
Cintas Corporation 2024-10-29 Election of Directors: Karen L. Carnahan Director Elections Board AGAINST 5
Cintas Corporation 2024-10-29 Election of Directors: Martin Mucci Director Elections Board AGAINST 5
Cintas Corporation 2024-10-29 Election of Directors: Melanie W. Barstad Director Elections Board AGAINST 5
Cintas Corporation 2024-10-29 Election of Directors: Ronald W. Tysoe Director Elections Board AGAINST 5
Cintas Corporation 2024-10-29 To approve the Cintas Corporation 2016 Amended and Restated Equity and Incentive Compensation Plan. Compensation Board AGAINST 5
Compagnie Financiere Richemont SA 2024-09-11 Reelect Johann Rupert as Director and Board Chair Director Elections Board AGAINST 5
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP 2024-09-27 Elect Directors Director Elections Board AGAINST 5
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP 2024-09-27 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 5
DEVON ENERGY CORP. 2025-06-04 Advisory Vote to Approve Executive Compensation. Say-on-Pay Board AGAINST 5
Dai Nippon Printing Co., Ltd. 2025-06-27 Appoint Shareholder Director Nominee Kinoshita, Atsuhiro Director Elections Board AGAINST 5
Danske Bank A/S 2025-03-20 Reelect Martin Norkjaer Larsen as Director Director Elections Board ABSTAIN 5
Dexus 2024-10-30 Approve Conditional Spill Resolution Compensation Board AGAINST 5
Dexus 2024-10-30 Approve Remuneration Report Compensation Board AGAINST 5
ENN Energy Holdings Limited 2025-05-23 Elect Zhang Jin as Director Director Elections Board AGAINST 5
EVERSOURCE ENERGY 2025-05-01 Consider an advisory proposal approving the compensation of our Named Executive Officers. Say-on-Pay Board AGAINST 5
East Japan Railway Co. 2025-06-20 Elect Director and Audit Committee Member Mori, Kimitaka Director Elections Board AGAINST 5
Equity Commonwealth 2024-11-12 To approve, on an advisory, non-binding basis, the compensation that may become payable by the Company to its named executive officers in connection with the Plan of Sale. Say-on-Pay Board AGAINST 5
Fertiglobe Plc 2024-10-24 Elect Corine Ricard as Director Director Elections Board ABSTAIN 5
Fertiglobe Plc 2024-10-24 Elect Khalid Salmeen as Director Director Elections Board ABSTAIN 5
Fertiglobe Plc 2024-10-24 Elect Mike Baker as Director Director Elections Board ABSTAIN 5
Fertiglobe Plc 2024-10-24 Elect Mohammed Al Aryani as Director Director Elections Board ABSTAIN 5
Fertiglobe Plc 2024-10-24 Elect Nasif Al Saweerees as Director Director Elections Board ABSTAIN 5
Fertiglobe Plc 2024-10-24 Elect Rainer Seele as Director Director Elections Board ABSTAIN 5
Fertiglobe Plc 2024-10-24 Elect Sultan Al Jabir as Director Director Elections Board ABSTAIN 5
Flughafen Zuerich AG 2025-04-14 Appoint Beat Schwab as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 5
Gilead Sciences, Inc. 2025-05-07 To vote on a stockholder proposal requesting the CEO pay ratio factor be included in the Company's executive compensation programs, if properly presented at the Annual Meeting. Diversity, Equity, and Inclusion Shareholder FOR 5
HCA Healthcare, Inc. 2025-04-24 Election of Directors: Wayne J. Riley M.D. Director Elections Board AGAINST 5
HCL Technologies Limited 2024-07-03 Approve Grant of Restricted Stock Units to the Eligible Employees of Subsidiaries and/or Associate Companies of the Company under the HCL Technologies Limited - Restricted Stock Unit Plan 2024 Compensation Board AGAINST 5
HCL Technologies Limited 2024-07-03 Approve HCL Technologies Limited - Restricted Stock Unit Plan 2024 and Grant of Restricted Stock Units to the Eligible Employees of the Company thereunder Compensation Board AGAINST 5
HCL Technologies Limited 2024-07-03 Authorize Secondary Acquisition of Equity Shares of the Company by HCL Technologies Stock Options Trust for Implementation of HCL Technologies Limited - Restricted Stock Unit Plan 2024 and Providing Financial Assistance in this regard Compensation Board AGAINST 5
HCL Technologies Limited 2024-08-13 Approve Payment of Commission to Non-Executive Directors Compensation Board AGAINST 5
HKT Trust and HKT Limited 2025-05-15 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 5
HKT Trust and HKT Limited 2025-05-15 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 5
HKT Trust and HKT Limited 2025-05-15 Elect Li Tzar Kai, Richard as Director and Trustee-Manager Director Elections Board AGAINST 5
HKT Trust and HKT Limited 2025-05-15 Elect Peter Anthony Allen as Director and Trustee-Manager Director Elections Board AGAINST 5
Hang Seng Bank Limited 2025-05-08 Elect David Liao Yi Chien as Director Director Elections Board AGAINST 5
Hitachi Ltd. 2025-06-25 Elect Director Higashihara, Toshiaki Director Elections Board AGAINST 5
Hyundai Mobis Co., Ltd. 2025-03-19 Elect Cho Yoon-deok as Inside Director Director Elections Board AGAINST 5
IGM Financial Inc. 2025-05-09 Elect Director Andre Desmarais Director Elections Board AGAINST 5
IGM Financial Inc. 2025-05-09 Elect Director Paul Desmarais, Jr. Director Elections Board AGAINST 5
IGM Financial Inc. 2025-05-09 Elect Director R. Jeffrey Orr Director Elections Board AGAINST 5
INTEL CORP. 2025-05-06 Advisory vote on executive compensation (Say-On-Pay). Say-on-Pay Board AGAINST 5
Imperial Oil Limited 2025-05-08 Elect Director D.W. (David) Cornhill Director Elections Board AGAINST 5
Imperial Oil Limited 2025-05-08 Elect Director N.A. (Neil) Hansen Director Elections Board AGAINST 5
International Business Machines Corporation 2025-04-29 Stockholder Proposal to Support Transparency in Lobbying Other Social Issues Shareholder FOR 5
Ipsen SA 2025-05-21 Approve Issuance of up to 10 Percent of Issued Capital Per Year for a Private Placement Capital Structure Board AGAINST 5
Ipsen SA 2025-05-21 Approve Remuneration Policy of CEO and Executive Corporate Officers Compensation Board AGAINST 5
Ipsen SA 2025-05-21 Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 20 to 22 Capital Structure Board AGAINST 5
Ipsen SA 2025-05-21 Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to 10 Percent of Issued Share Capital Capital Structure Board AGAINST 5
Ipsen SA 2025-05-21 Authorize up to 3 Percent of Issued Capital for Use in Stock Option Plans Compensation Board AGAINST 5
Ipsen SA 2025-05-21 Reelect Antoine Flochel as Director Director Elections Board AGAINST 5
Japan Post Bank Co., Ltd. 2025-06-24 Elect Director Kasama, Takayuki Director Elections Board AGAINST 5
KEYCORP 2025-05-15 Advisory approval of executive compensation. Say-on-Pay Board AGAINST 5
Knorr-Bremse AG 2025-04-30 Approve Remuneration Report Compensation Board AGAINST 5
L'Oreal SA 2025-04-29 Elect Tethys as Director Director Elections Board AGAINST 5
L'Oreal SA 2025-04-29 Reelect Paul Bulcke as Director Director Elections Board AGAINST 5
LAS VEGAS SANDS CORP. 2025-05-15 An advisory (non-binding) vote to approve the compensation of the named executive officers. Say-on-Pay Board AGAINST 5
LIVE NATION ENTERTAINMENT INC. 2025-06-12 To hold an advisory vote on the company's executive compensation. Say-on-Pay Board AGAINST 5
Louisiana-Pacific Corporation 2025-05-08 Election of Class I Directors: Dustan E. McCoy Director Elections Board AGAINST 5
META PLATFORMS INC. 2025-05-28 To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement. Say-on-Pay Board AGAINST 5
MODERNA INC. 2025-04-30 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 5
MOLINA HEALTHCARE INC. 2025-04-30 To consider and approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 5
Marathon Oil Corporation 2024-08-29 To approve, by a non-binding advisory vote, certain compensation that may be paid or become payable to Marathon Oil's named executive officers that is based on or otherwise relates to the merger contemplated by the merger agreement. Say-on-Pay Board AGAINST 5
Mastercard Incorporated 2025-06-24 ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Choon Phong Goh Director Elections Board AGAINST 5
Merck & Co., Inc. 2025-05-27 Shareholder proposal regarding a tax transparency report. Other Social Issues Shareholder FOR 5
Mineral Resources Limited 2024-11-21 Approve Remuneration Report Compensation Board AGAINST 5
Mitsubishi Estate Co., Ltd. 2025-06-27 Elect Director Nakajima, Atsushi Director Elections Board AGAINST 5
Mitsubishi Estate Co., Ltd. 2025-06-27 Elect Director Yoshida, Junichi Director Elections Board AGAINST 5
Mizuho Financial Group, Inc. 2025-06-24 Elect Director Imai, Seiji Director Elections Board AGAINST 5
Mizuho Financial Group, Inc. 2025-06-24 Elect Director Kihara, Masahiro Director Elections Board AGAINST 5
Mizuho Financial Group, Inc. 2025-06-24 Elect Director Uchida, Takakazu Director Elections Board AGAINST 5
Mondelez International, Inc. 2025-05-21 Shareholder Proposal: Report on flexible plastic packaging Environment or Climate Shareholder FOR 5
Mondelez International, Inc. 2025-05-21 Shareholder Proposal: Third-party report assessing effectiveness of implementation of human rights policy Human Rights or Human Capital/workforce Shareholder FOR 5
Mowi ASA 2025-06-04 Approve Equity Plan Financing Compensation Board AGAINST 5
Mowi ASA 2025-06-04 Approve Remuneration Statement Compensation Board AGAINST 5
NIKE, Inc. 2024-09-10 Class B director nominees: To elect a Board of Directors for the ensuing year: John Rogers, Jr. Director Elections Board ABSTAIN 5

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