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 |
|---|---|---|---|---|---|---|---|
| Cambricon Technologies Corp. Ltd. | November 27, 2025 | Elect Hu Yuchong as Director | Director Elections | Board | AGAINST | 2 | |
| Cambricon Technologies Corp. Ltd. | April 2, 2026 | Approve 2026 Remuneration and Allowances of Directors | Compensation | Board | AGAINST | 2 | |
| Carrier Global Corporation | April 15, 2026 | Advisory Vote to Approve Named Executive Officer Compensation | Say-on-Pay | Board | AGAINST | 2 | |
| Carvana Co. | May 5, 2026 | Election of Directors: Neha Parikh | Director Elections | Board | WITHHOLD | 2 | |
| Carvana Co. | May 5, 2026 | To approve the Carvana Co. 2026 Omnibus Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| Celcuity Inc. | May 14, 2026 | To approve the Celcuity Inc. 2026 Stock Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| Centrais Eletricas Brasileiras SA | April 15, 2026 | Approve Performance Share Plan | Compensation | Board | AGAINST | 2 | |
| Cerus Corporation | June 2, 2026 | The approval of an amendment and restatement of the Company's 2024 Equity Incentive Plan to increase the aggregate number of shares of common stock authorized for issuance thereunder by 10 million shares and to make certain other changes thereto as described further in the accompanying Proxy Statement. | Compensation | Board | AGAINST | 2 | |
| Charles River Laboratories International, Inc. | May 5, 2026 | Election of Directors: Abraham Ceesay | Director Elections | Board | AGAINST | 2 | |
| Chemung Financial Corporation | June 2, 2026 | Election of Directors: Stephen M. Lounsberry III | Director Elections | Board | WITHHOLD | 2 | |
| Chewy, Inc. | July 10, 2025 | To elect to the Board of Directors four director nominees for three-year terms: David Leland | Director Elections | Board | WITHHOLD | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | October 31, 2025 | Elect Hu Nailian as Director | Director Elections | Board | AGAINST | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | October 31, 2025 | Elect Lyu Xiaozhao as Director | Director Elections | Board | AGAINST | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | October 31, 2025 | Elect Yang Yi-fang as Director | Director Elections | Board | AGAINST | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | October 31, 2025 | Elect Zhang Xudong as Director | Director Elections | Board | AGAINST | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | May 8, 2026 | Approve General Mandate to Issue A Shares and/or H Shares | Capital Structure | Board | AGAINST | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | May 8, 2026 | Approve General Mandate to Issue Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| Chifeng Jilong Gold Mining Co., Ltd. | May 8, 2026 | Approve Plan of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Chimera Investment Corporation | June 10, 2026 | Election of Directors: Gerard Creagh | Director Elections | Board | AGAINST | 2 | |
| China CITIC Financial Asset Management Co., Ltd. | May 29, 2026 | Approve BDO China Shu Lun Pan Certified Public Accountants LLP and BDO Limited as Domestic and Overseas Auditors, Respectively and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China CITIC Financial Asset Management Co., Ltd. | May 29, 2026 | Approve General Mandate Granted to the Board to Issue Additional Shares | Capital Structure | Board | AGAINST | 2 | |
| China Eastern Airlines Corporation Limited | May 28, 2026 | Approve Appointment of PRC Domestic and International Auditors for Financial Reporting and Auditors for Internal Control | Audit-related | Board | AGAINST | 2 | |
| China Eastern Airlines Corporation Limited | May 28, 2026 | Approve Grant of General Mandate to Issue Shares | Capital Structure | Board | AGAINST | 2 | |
| China Eastern Airlines Corporation Limited | May 28, 2026 | Approve Grant of General Mandate to the Board of Directors to Issue Bonds | Capital Structure | Board | AGAINST | 2 | |
| China Energy Engineering Corporation Limited | June 26, 2026 | Approve External Guarantees Plan | Capital Structure | Board | AGAINST | 2 | |
| China Everbright Bank Company Limited | November 14, 2025 | Elect Li Yinquan as Director | Director Elections | Board | AGAINST | 2 | |
| China Gold International Resources Corp. Ltd. | June 29, 2026 | Approve the Issuance of Up to 20 Percent of the Company's Issued Capital | Capital Structure | Board | AGAINST | 2 | |
| China Gold International Resources Corp. Ltd. | June 29, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Gold International Resources Corp. Ltd. | June 29, 2026 | Elect Director Wanming Wang | Director Elections | Board | WITHHOLD | 2 | |
| China Gold International Resources Corp. Ltd. | June 29, 2026 | Elect Director Wei Shao | Director Elections | Board | WITHHOLD | 2 | |
| China Jinmao Holdings Group Limited | June 23, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Jinmao Holdings Group Limited | June 23, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Jinmao Holdings Group Limited | June 23, 2026 | Elect Cui Yan as Director | Director Elections | Board | AGAINST | 2 | |
| China Jinmao Holdings Group Limited | June 23, 2026 | Elect Liu Wen as Director | Director Elections | Board | AGAINST | 2 | |
| China Literature Limited | June 2, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Literature Limited | June 2, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Literature Limited | June 2, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Longyuan Power Group Corporation Limited | October 29, 2025 | Elect Michael Ngai Ming Tak as Director | Director Elections | Board | AGAINST | 2 | |
| China Longyuan Power Group Corporation Limited | October 29, 2025 | Elect Wang Yong as Director | Director Elections | Board | AGAINST | 2 | |
| China Longyuan Power Group Corporation Limited | October 29, 2025 | Elect Zhang Tong as Director | Director Elections | Board | AGAINST | 2 | |
| China Longyuan Power Group Corporation Limited | April 29, 2026 | Approve Grant of General Mandate to the Board of Directors to Issue Shares | Capital Structure | Board | AGAINST | 2 | |
| China Merchants Energy Shipping Co., Ltd. | May 14, 2026 | Approve Authorization on Provision of Guarantee for Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| China Merchants Energy Shipping Co., Ltd. | May 14, 2026 | Approve Increase in the Investment Quota for Shares | Extraordinary Transactions | Board | AGAINST | 2 | |
| China Merchants Expressway Network Technology Hlds Co., Ltd. | July 31, 2025 | Approve Issuance of Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| China Merchants Expressway Network Technology Hlds Co., Ltd. | January 8, 2026 | Elect Li Xinghua as Director | Director Elections | Board | AGAINST | 2 | |
| China Merchants Securities Co., Ltd. | June 26, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Shares | Capital Structure | Board | AGAINST | 2 | |
| China National Building Material Company Limited | April 29, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Domestic Shares and H Shares and Authorize Board to Amend Articles of Association to Reflect the New Share Capital Structure | Capital Structure | Board | AGAINST | 2 | |
| China National Building Material Company Limited | April 29, 2026 | Approve Registration and Issuance of Debt Financing Instruments and Related Transactions | Capital Structure | Board | AGAINST | 2 | |
| China National Building Material Company Limited | April 29, 2026 | Authorize Reissuance of Repurchased H Shares | Capital Structure | Board | AGAINST | 2 | |
| China National Nuclear Power Co., Ltd. | May 21, 2026 | Approve Proposal Regarding Unified Company Registration and Issuance of Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| China Nonferrous Mining Corporation Limited | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Nonferrous Mining Corporation Limited | June 25, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Nonferrous Mining Corporation Limited | June 25, 2026 | Elect Guangfu Gao as Director | Director Elections | Board | AGAINST | 2 | |
| China Nonferrous Mining Corporation Limited | June 25, 2026 | Elect Huanfei Guan as Director | Director Elections | Board | AGAINST | 2 | |
| China Nonferrous Mining Corporation Limited | June 25, 2026 | Elect Zhijiang Chen as Director | Director Elections | Board | AGAINST | 2 | |
| China Oilfield Services Limited | May 22, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Overseas-Listed Foreign Invested Shares (H Shares) | Capital Structure | Board | AGAINST | 2 | |
| China Overseas Grand Oceans Group Limited | June 29, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Overseas Grand Oceans Group Limited | June 29, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Overseas Grand Oceans Group Limited | June 29, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Overseas Grand Oceans Group Limited | June 29, 2026 | Elect Chung Shui Ming, Timpson as Director | Director Elections | Board | AGAINST | 2 | |
| China Overseas Grand Oceans Group Limited | June 29, 2026 | Elect Zhuang Yong as Director | Director Elections | Board | AGAINST | 2 | |
| China Pacific Insurance (Group) Co., Ltd. | August 29, 2025 | Elect Wong Hin Wing as Director | Director Elections | Board | AGAINST | 2 | |
| China Pacific Insurance (Group) Co., Ltd. | June 10, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Pacific Insurance (Group) Co., Ltd. | June 10, 2026 | Elect Ge Ming as Director | Director Elections | Board | AGAINST | 2 | |
| China Power International Development Limited | June 8, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Power International Development Limited | June 8, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Power International Development Limited | June 8, 2026 | Elect Huang Qinghua as Director | Director Elections | Board | AGAINST | 2 | |
| China Railway Group Limited | June 29, 2026 | Approve Budget for External Guarantee | Capital Structure | Board | AGAINST | 2 | |
| China Railway Group Limited | June 29, 2026 | Approve Deloitte Touche Tohmatsu as International Auditor and Deloitte Touche Tohmatsu Certified Public Accountants LLP as Domestic Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Resources Beer (Holdings) Company Limited | May 20, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Resources Beer (Holdings) Company Limited | May 20, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Resources Beer (Holdings) Company Limited | May 20, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Resources Beer (Holdings) Company Limited | May 20, 2026 | Elect Guo Wei as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Beer (Holdings) Company Limited | May 20, 2026 | Elect Li Ka Cheung, Eric as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Elect Law, Cheuk Kin Stephen as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Elect Qin Yan as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Elect Yang Ping as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Elect Zhang Shenwen as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Gas Group Limited | May 28, 2026 | Elect Zhang Weitong as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Mixc Lifestyle Services Limited | June 8, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Resources Mixc Lifestyle Services Limited | June 8, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Resources Mixc Lifestyle Services Limited | June 8, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Resources Mixc Lifestyle Services Limited | June 8, 2026 | Elect Lo Wing Sze as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Mixc Lifestyle Services Limited | June 8, 2026 | Elect Zhao Wei as Director | Director Elections | Board | AGAINST | 2 | |
| China Resources Power Holdings Company Limited | June 5, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Resources Power Holdings Company Limited | June 5, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Resources Power Holdings Company Limited | June 5, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Ruyi Holdings Limited | June 22, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| China Ruyi Holdings Limited | June 22, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| China Ruyi Holdings Limited | June 22, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| China Ruyi Holdings Limited | June 22, 2026 | Elect Chau Shing Yim, David as Director | Director Elections | Board | AGAINST | 2 | |
| China Ruyi Holdings Limited | June 22, 2026 | Elect Ke Liming as Director | Director Elections | Board | AGAINST | 2 | |
| China Southern Airlines Company Limited | December 12, 2025 | Approve Provision of Guarantees by Xiamen Airlines Company Limited | Capital Structure | Board | AGAINST | 2 | |
| China Southern Airlines Company Limited | May 29, 2026 | Authorize Board of Directors to Issue Shares Under the General Mandate | Capital Structure | Board | AGAINST | 2 | |
| China Southern Airlines Company Limited | May 29, 2026 | Authorize Board of Directors to Issue the Debt Financing Instruments Under the General Mandate | Capital Structure | Board | AGAINST | 2 | |
| China Three Gorges Renewables (Group) Co., Ltd. | May 29, 2026 | Approve Remuneration of Supervisors | Compensation | Board | AGAINST | 2 | |
| China Tourism Group Duty Free Corporation Limited | November 24, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.