Home › Asset managers › Northern Trust › 2025-2026 › Against the board
At least 6,093 proposals in the 2025-2026 proxy season: Northern Trust voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 93 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Northern Trust 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
6,093 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Northern Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| Beijer Ref AB | April 23, 2026 | Reelect Albert Gustafsson as Director | Director Elections | Board | AGAINST | 2 | |
| Beijer Ref AB | April 23, 2026 | Reelect Joen Magnusson as Director | Director Elections | Board | AGAINST | 2 | |
| Beijer Ref AB | April 23, 2026 | Reelect Per Bertland as Director | Director Elections | Board | AGAINST | 2 | |
| Beijing Enterprises Holdings Limited | May 28, 2026 | Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Beijing Enterprises Holdings Limited | May 28, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Beijing Enterprises Holdings Limited | May 28, 2026 | Elect Xiong Bin as Director | Director Elections | Board | AGAINST | 2 | |
| Beijing Enterprises Holdings Limited | May 28, 2026 | Elect Yang Zhichang as Director | Director Elections | Board | AGAINST | 2 | |
| Beijing Kingsoft Office Software, Inc. | June 1, 2026 | Approve Use of Funds to Invest in Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| Beijing Roborock Technology Co., Ltd. | September 17, 2025 | Approve Authorization of the Board to Handle All Related Matters Regarding Business Partner Shareholding Plan | Compensation | Board | AGAINST | 2 | |
| Beijing Roborock Technology Co., Ltd. | September 17, 2025 | Approve Authorization of the Board to Handle All Related Matters Regarding Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Beijing Roborock Technology Co., Ltd. | September 17, 2025 | Approve Draft and Summary of Business Partner Shareholding Plan | Compensation | Board | AGAINST | 2 | |
| Beijing Roborock Technology Co., Ltd. | September 17, 2025 | Approve Draft and Summary of Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Beijing Roborock Technology Co., Ltd. | September 17, 2025 | Approve Methods to Assess the Performance of Plan Participants Regarding Business Partner Shareholding Plan | Compensation | Board | AGAINST | 2 | |
| Beijing Roborock Technology Co., Ltd. | September 17, 2025 | Approve Methods to Assess the Performance of Plan Participants Regarding Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| BellRing Brands, Inc. | January 28, 2026 | Election of Directors: Robert V. Vitale | Director Elections | Board | WITHHOLD | 2 | |
| Bharat Heavy Electricals Limited | August 19, 2025 | Elect Aashish Chaturvedi as Director | Director Elections | Board | AGAINST | 2 | |
| Bharat Heavy Electricals Limited | August 19, 2025 | Elect Ashok Kumar Aseri as Director | Director Elections | Board | AGAINST | 2 | |
| Bharat Heavy Electricals Limited | August 19, 2025 | Elect Serugulathur Mahadevan Ramanathan as Director | Director Elections | Board | AGAINST | 2 | |
| Bharat Heavy Electricals Limited | August 19, 2025 | Reelect Bani Varma as Director | Director Elections | Board | AGAINST | 2 | |
| Bharat Heavy Electricals Limited | August 19, 2025 | Reelect Tajinder Gupta as Director | Director Elections | Board | AGAINST | 2 | |
| BigBear.ai Holdings, Inc. | June 9, 2026 | Election of Class II Directors: Pamela Braden | Director Elections | Board | WITHHOLD | 2 | |
| Bilibili, Inc. | June 17, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Bilibili, Inc. | June 17, 2026 | Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Bilibili, Inc. | June 17, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Bilibili, Inc. | June 17, 2026 | Elect Eric He as Director | Director Elections | Board | AGAINST | 2 | |
| Bill Holdings, Inc. | December 11, 2025 | To elect the directors listed below: Allie Kline | Director Elections | Board | WITHHOLD | 2 | |
| BioMarin Pharmaceutical Inc. | June 2, 2026 | Election of Directors: Ian T. Clark | Director Elections | Board | AGAINST | 2 | |
| Biwin Storage Technology Co., Ltd. | May 28, 2026 | Approve Increase in Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Blend Labs, Inc. | June 17, 2026 | The election of the following director nominees: Gerald Chen | Director Elections | Board | WITHHOLD | 2 | |
| Blue Square Real Estate Ltd. | November 24, 2025 | Elect Ami Barlev as External Director | Director Elections | Board | AGAINST | 2 | |
| Blue Square Real Estate Ltd. | November 24, 2025 | Reelect Jacob Navon as External Director | Director Elections | Board | AGAINST | 2 | |
| Blue Square Real Estate Ltd. | June 18, 2026 | Reappoint Ziv Haft (BDO) as Auditors and Report on Fees Paid to the Auditors | Audit-related | Board | AGAINST | 2 | |
| Blue Square Real Estate Ltd. | June 18, 2026 | Reelect Oded Najar as Director | Director Elections | Board | AGAINST | 2 | |
| BlueLinx Holdings Inc. | May 14, 2026 | Proposal to approve an Amendment to the 2021 Long-Term Incentive Plan to increase the number of shares of common stock reserved for issuance under the plan. | Compensation | Board | AGAINST | 2 | |
| Bluescope Steel Limited | November 18, 2025 | Elect K'Lynne Johnson as Director | Director Elections | Board | AGAINST | 2 | |
| Bluescope Steel Limited | November 18, 2025 | Elect ZhiQiang Zhang as Director | Director Elections | Board | AGAINST | 2 | |
| Boston Omaha Corporation | August 25, 2025 | Election of Directors (other than the Class B common stock Director): Vishnu Srinivasan | Director Elections | Board | WITHHOLD | 2 | |
| Boubyan Bank KSC | March 10, 2026 | Authorize Issuance of Sukuk or Other Shariah Compliant Instruments and Authorize Board to Set Terms of Issuance | Capital Structure | Board | AGAINST | 2 | |
| Braemar Hotels & Resorts Inc. | December 15, 2025 | Election of Directors: Stefani D. Carter | Director Elections | Board | AGAINST | 2 | |
| Brookfield Business Corporation | June 18, 2026 | Elect Director David Court | Director Elections | Board | WITHHOLD | 2 | |
| Brookfield Business Corporation | June 18, 2026 | Elect Director Jeffrey Blidner | Director Elections | Board | WITHHOLD | 2 | |
| Brookfield Infrastructure Corporation | June 24, 2026 | Elect Director Jeffrey Blidner | Director Elections | Board | WITHHOLD | 2 | |
| Brookfield Infrastructure Corporation | June 24, 2026 | Elect Director Malcolm Cockwell | Director Elections | Board | WITHHOLD | 2 | |
| Brookfield Infrastructure Corporation | June 24, 2026 | Elect Director Rajeev Vasudeva | Director Elections | Board | WITHHOLD | 2 | |
| Budimex SA | May 27, 2026 | Approve Co-Option of Jacek Socha as Supervisory Board Member | Director Elections | Board | AGAINST | 2 | |
| Budimex SA | May 27, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Budimex SA | May 27, 2026 | Elect Supervisory Board Member | Director Elections | Board | AGAINST | 2 | |
| Build-A-Bear Workshop, Inc. | June 11, 2026 | Election of Directors: Lesli Rotenberg | Director Elections | Board | AGAINST | 2 | |
| Bunge Global SA | May 20, 2026 | Election of Directors: Carol Browner | Director Elections | Board | AGAINST | 2 | |
| Bunge Global SA | May 20, 2026 | Election of Directors: Markus Walt | Director Elections | Board | AGAINST | 2 | |
| Bunge Global SA | May 20, 2026 | Reelection of Four Members of the Human Resources and Compensation Committee: Markus Walt | Director Elections | Board | AGAINST | 2 | |
| Burlington Stores, Inc. | May 19, 2026 | Election of Directors: John Mahoney | Director Elections | Board | AGAINST | 2 | |
| C3.ai, Inc. | October 3, 2025 | Election of Class II Directors: Bruce Sewell | Director Elections | Board | WITHHOLD | 2 | |
| C3.ai, Inc. | October 3, 2025 | Election of Class II Directors: Richard C. Levin | Director Elections | Board | WITHHOLD | 2 | |
| CADELER A/S | April 21, 2026 | APPROVE REMUNERATION REPORT (ADVISORY VOTE) | Say-on-Pay | Board | AGAINST | 2 | |
| CAE Inc. | August 13, 2025 | Elect Director Patrick M. Shanahan | Director Elections | Board | AGAINST | 2 | |
| CAMURUS AB | May 28, 2026 | APPROVE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| CAR Group Limited | October 31, 2025 | Elect Patrick O'Sullivan as Director | Director Elections | Board | AGAINST | 2 | |
| CD Projekt SA | June 23, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| CD Projekt SA | June 23, 2026 | Approve Equity Plan Financing Through Creation of Reserve Capital | Compensation | Board | AGAINST | 2 | |
| CD Projekt SA | June 23, 2026 | Approve Equity Plan Financing Through Share Repurchase Program | Compensation | Board | AGAINST | 2 | |
| CD Projekt SA | June 23, 2026 | Approve Incentive Bonus Plan for Management Board Members | Compensation | Board | AGAINST | 2 | |
| CES Energy Solutions Corp. | June 15, 2026 | Elect Director John M. Hooks | Director Elections | Board | WITHHOLD | 2 | |
| CEZ as | June 1, 2026 | Elect Members of Audit Committee | Director Elections | Board | AGAINST | 2 | |
| CEZ as | June 1, 2026 | Elect Supervisory Board Members | Director Elections | Board | AGAINST | 2 | |
| CEZ as | June 1, 2026 | Recall Members of Audit Committee | Director Elections | Board | AGAINST | 2 | |
| CEZ as | June 1, 2026 | Recall Supervisory Board Members | Director Elections | Board | AGAINST | 2 | |
| CF Bankshares Inc. | May 27, 2026 | Election of Directors: Robert E. Hoeweler | Director Elections | Board | WITHHOLD | 2 | |
| CG Power & Industrial Solutions Limited | July 24, 2025 | Reelect P S Jayakumar as Director | Director Elections | Board | AGAINST | 2 | |
| CG Power & Industrial Solutions Limited | March 5, 2026 | Reelect Sriram Sivaram as Director | Director Elections | Board | AGAINST | 2 | |
| CGN Power Co., Ltd. | May 20, 2026 | Approve Grant of General Mandate to the Board of Directors for Allotting, Issuing and Dealing with Additional A Shares and/or H Shares | Capital Structure | Board | AGAINST | 2 | |
| CITIC Limited | June 26, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| CITIC Limited | June 26, 2026 | Elect Li Yi as Director | Director Elections | Board | AGAINST | 2 | |
| CITIC Limited | June 26, 2026 | Elect Li Zimin as Director | Director Elections | Board | AGAINST | 2 | |
| CITIC Limited | June 26, 2026 | Elect Xi Guohua as Director | Director Elections | Board | AGAINST | 2 | |
| CITIC Limited | June 26, 2026 | Elect Yang Xiaoping as Director | Director Elections | Board | AGAINST | 2 | |
| CITIC Limited | June 26, 2026 | Elect Zhang Wenwu as Director | Director Elections | Board | AGAINST | 2 | |
| CLEANAWAY WASTE MANAGEMENT LTD | October 21, 2025 | REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| CMOC Group Limited | April 28, 2026 | Approve Grant of General Mandate to the Board for Issuance of Additional A Shares and/or H Shares | Capital Structure | Board | AGAINST | 2 | |
| CMOC Group Limited | April 28, 2026 | Approve Purchase of Structured Deposit with Internal Idle Fund | Extraordinary Transactions | Board | AGAINST | 2 | |
| CMOC Group Limited | April 28, 2026 | Authorize Board to Decide on Issuance of Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| COSCO SHIPPING Energy Transportation Co., Ltd. | June 26, 2026 | Approve Grant of the Issuance Mandate to the Board | Capital Structure | Board | AGAINST | 2 | |
| CPI Europe AG | May 5, 2026 | Approve Creation of EUR 69.3 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| CRH Plc | May 7, 2026 | By separate resolutions, to re-elect the following Directors: Mary K. Rhinehart | Director Elections | Board | AGAINST | 2 | |
| CSI Solar Co., Ltd. | May 18, 2026 | Approve Formulation of Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| CSPC Pharmaceutical Group Limited | May 28, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| CSPC Pharmaceutical Group Limited | May 28, 2026 | Elect Au Chun Kwok Alan as Director | Director Elections | Board | AGAINST | 2 | |
| CSPC Pharmaceutical Group Limited | May 28, 2026 | Elect Law Cheuk Kin Stephen as Director | Director Elections | Board | AGAINST | 2 | |
| CSPC Pharmaceutical Group Limited | May 28, 2026 | Elect Wang Hongguang as Director | Director Elections | Board | AGAINST | 2 | |
| CURIOSITYSTREAM INC. | May 20, 2026 | To approve, on an advisory basis, the compensation paid to the Company's named executive officers as disclosed in this Proxy Statement. | Say-on-Pay | Board | AGAINST | 2 | |
| CVC Capital Partners Plc | May 12, 2026 | Re-elect Rolly van Rappard as Director | Director Elections | Board | AGAINST | 2 | |
| CVRx, Inc. | June 1, 2026 | Election of Class II Directors: Joseph Slattery | Director Elections | Board | WITHHOLD | 2 | |
| CVS Health Corporation | May 14, 2026 | Election of Directors: J. David Joyner | Director Elections | Board | AGAINST | 2 | |
| CYFROWY POLSAT S.A. | June 22, 2026 | APPROVE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| Caitong Securities Co., Ltd. | July 2, 2025 | Approve Downward Adjustment of Conversion Price | Capital Structure | Board | AGAINST | 2 | |
| Caitong Securities Co., Ltd. | May 20, 2026 | Approve Securities Investment | Extraordinary Transactions | Board | AGAINST | 2 | |
| California Bancorp | May 27, 2026 | Approval of the 2026 Omnibus Equity Incentive Plan. To approve the Company's 2026 0mnibus Equity Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| Caliway Biopharmaceuticals Co. Ltd. | May 22, 2026 | Amend 2025 Regulations of the Issuance of Restricted Stocks | Compensation | Board | AGAINST | 2 | |
| Caliway Biopharmaceuticals Co. Ltd. | May 22, 2026 | Approve Issuance of Restricted Stocks | Compensation | Board | AGAINST | 2 | |
| Caliway Biopharmaceuticals Co. Ltd. | May 22, 2026 | Elect Peng, Hsien-Li as Independent Director | Director Elections | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.