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 |
|---|---|---|---|---|---|---|---|
| Delton Technology (Guangzhou) Inc. | June 18, 2026 | Elect Liu Jinchan as Director | Director Elections | Board | AGAINST | 2 | |
| Delton Technology (Guangzhou) Inc. | June 18, 2026 | Elect Xiao Hongxing as Director | Director Elections | Board | AGAINST | 2 | |
| Delton Technology (Guangzhou) Inc. | June 18, 2026 | Elect Zeng Hong as Director | Director Elections | Board | AGAINST | 2 | |
| Dentsu Group, Inc. | March 27, 2026 | Elect Director Sano, Takeshi | Director Elections | Board | AGAINST | 2 | |
| Design Therapeutics, Inc. | June 9, 2026 | To elect one nominee for Class II director named herein to serve for a three-year term until the 2029 Annual Meeting of Stockholders: Simeon George, M.D. | Director Elections | Board | WITHHOLD | 2 | |
| Deutsche Post AG | May 5, 2026 | Elect Stefan Wintels to the Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| Deutsche Telekom AG | April 1, 2026 | Elect Frank Appel to the Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| Deyaar Development PJSC | April 8, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Digital Realty Trust, Inc. | May 29, 2026 | A stockholder proposal regarding enhanced water risk disclosure, if properly presented. | Environment or Climate | Shareholder | Against | FOR | 2 |
| Dino Polska SA | June 22, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Dios Fastigheter AB | March 30, 2026 | Reelect Bjorn Rentzhog (Vice Chair) as Director | Director Elections | Board | AGAINST | 2 | |
| Discovery Ltd. | November 20, 2025 | Approve Financial Assistance in Terms of Section 44 of the Companies Act | Capital Structure | Board | AGAINST | 2 | |
| Discovery Ltd. | November 20, 2025 | Approve Non-executive Directors' Remuneration | Compensation | Board | AGAINST | 2 | |
| DocuSign, Inc. | June 1, 2026 | Election of Class II Directors: James Beer | Director Elections | Board | AGAINST | 2 | |
| Dolby Laboratories, Inc. | February 3, 2026 | Election of Directors: Peter Gotcher | Director Elections | Board | WITHHOLD | 2 | |
| Domino's Pizza, Inc. | April 21, 2026 | Advisory vote to approve the compensation of the named executive officers of the Company. | Say-on-Pay | Board | AGAINST | 2 | |
| Donegal Group Inc. | April 16, 2026 | Election of Directors Nominees for Class A Directors: Annette B. Szady | Director Elections | Board | WITHHOLD | 2 | |
| Donegal Group Inc. | April 16, 2026 | Election of Directors Nominees for Class A Directors: David C. King | Director Elections | Board | WITHHOLD | 2 | |
| Dongfang Electric Corporation Limited | May 29, 2026 | Approve Grant of General Mandate to the Board to Issue Shares | Capital Structure | Board | AGAINST | 2 | |
| DoorDash, Inc. | June 10, 2026 | The election of the following director nominee(s): Shona L. Brown | Director Elections | Board | AGAINST | 2 | |
| Dosilicon Co., Ltd. | May 14, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| Dosilicon Co., Ltd. | May 14, 2026 | Approve Draft and Summary of Share Appreciation Rights Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Dosilicon Co., Ltd. | May 14, 2026 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| Douglas Elliman Inc. | June 18, 2026 | Election of Directors: Mark D. Zeitchick | Director Elections | Board | WITHHOLD | 2 | |
| Dubai Electricity & Water Authority | April 2, 2026 | Approve Remuneration of Directors for the Fiscal Year Ended 31/12/2025 | Compensation | Board | AGAINST | 2 | |
| Dubai Islamic Bank PJSC | April 1, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Dubai Islamic Bank PJSC | April 1, 2026 | Elect Board of Directors for the Period 2026 - 2029 | Director Elections | Board | AGAINST | 2 | |
| Duolingo, Inc. | June 3, 2026 | Election of Class II Directors: Amy Bohutinsky | Director Elections | Board | WITHHOLD | 2 | |
| Dutch Bros Inc. | May 13, 2026 | Election of Directors: Ann Miller | Director Elections | Board | AGAINST | 2 | |
| Dutch Bros Inc. | May 13, 2026 | Election of Directors: Todd Penegor | Director Elections | Board | AGAINST | 2 | |
| Dynatrace, Inc. | August 20, 2025 | Election of Class II Directors: Amol Kulkarni | Director Elections | Board | AGAINST | 2 | |
| Dyno Nobel Limited | December 17, 2025 | Elect Gregory Robinson as Director | Director Elections | Board | AGAINST | 2 | |
| EDENRED | May 7, 2026 | APPROVE COMPENSATION OF BERTRAND DUMAZY, CHAIRMAN AND CEO | Say-on-Pay | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Ratify PricewaterhouseCoopers SA as Auditors | Audit-related | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Reappoint Boris Collardi as Member of the Compensation and Nomination Committee | Director Elections | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Reappoint Emmanuel Bussetil as Member of the Compensation and Nomination Committee | Director Elections | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Reappoint Roberto Isolani as Member of the Compensation and Nomination Committee | Director Elections | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Reelect Boris Collardi as Director | Director Elections | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Reelect Emmanuel Bussetil as Director | Director Elections | Board | AGAINST | 2 | |
| EFG International AG | March 20, 2026 | Reelect Roberto Isolani as Director | Director Elections | Board | AGAINST | 2 | |
| ELIA GROUP SA/NV | May 19, 2026 | EXPLANATION AND ADVISORY VOTE ON THE REMUNERATION REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 | Say-on-Pay | Board | AGAINST | 2 | |
| EMCOR Group, Inc. | June 4, 2026 | Approval, by non-binding advisory vote, of named executive officer compensation. | Say-on-Pay | Board | AGAINST | 2 | |
| EMS-Chemie Holding AG | August 9, 2025 | Approve Remuneration of Executive Committee in the Amount of CHF 3.1 Million | Compensation | Board | AGAINST | 2 | |
| ENDEAVOUR GROUP LTD | November 17, 2025 | ADOPTION OF REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| ENEOS Holdings, Inc. | June 25, 2026 | Elect Director Miyata, Tomohide | Director Elections | Board | AGAINST | 2 | |
| ENEOS Holdings, Inc. | June 25, 2026 | Elect Director and Audit Committee Member Toyoda, Akiko | Director Elections | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | December 19, 2025 | Amend Articles 5 and 8 to Reflect Changes in Capital and Authorized Capital Respectively | Capital Structure | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | December 19, 2025 | Approve Increase in Authorized Capital | Capital Structure | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Approve Remuneration of Company's Management | Compensation | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Elect Mauricio Stolle Bahr as Board Chair | Director Elections | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Elect Paulo Jorge Tavares Almirante as Board Vice-Chair | Director Elections | Board | AGAINST | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Carlos Alberto Vieira as Director and Marcos Roberto Castanheira as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Gil de Methodio Maranhao Neto as Director and Marcio Daian Neves as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Karin Koogan Breitman as Independent Director and Maria Claudia Guimaraes as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Manoel Eduardo Lima Lopes as Independent Director and Raquel da Fonseca Cantarino as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Mauricio Stolle Bahr as Director and Eduardo Antonio Gori Sattamini as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Jorge Tavares Almirante as Director and Sylvie Marie Vicente ep. Credot as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Mauricio Mantuano de Lima as Independent Director and Antonio Alberto Gouvea Vieira as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Pierre Jean Bernard Guillot as Director and Pierre Auguste Gratien Leblanc as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| ENGIE Brasil Energia SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Sophie Brigitte Quarre de Verneuil as Director and Gustavo Henrique Labanca Novo as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| EUROBANK S.A. | April 28, 2026 | REMUNERATION REPORT FOR THE FINANCIAL YEAR 2025 | Say-on-Pay | Board | AGAINST | 2 | |
| EVI Industries, Inc. | December 15, 2025 | Approval of the EVI Industries, Inc. 2025 Equity Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| Eastroc Beverage (Group) Co., Ltd. | March 10, 2026 | Approve Deloitte Touche Tohmatsu as Overseas Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Eastroc Beverage (Group) Co., Ltd. | April 29, 2026 | Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu Respectively as the Domestic and Overseas Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Eastroc Beverage (Group) Co., Ltd. | April 29, 2026 | Approve Use of Self-Owned Idle Funds in Cash Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| Eco World Development Group Berhad | March 31, 2026 | Approve Provision of Financial Assistance to Eco Business Park 8 Sdn. Bhd. | Capital Structure | Board | AGAINST | 2 | |
| Eco World Development Group Berhad | June 15, 2026 | Approve Provision of Financial Assistance to Eco Business Park 9 Sdn Bhd (EBP9SB) | Capital Structure | Board | AGAINST | 2 | |
| Eco World Development Group Berhad | June 15, 2026 | Approve Provision of Financial Assistance to Versione Node Sdn Bhd (VNSB) and Eco World (Macquarie) Pty Ltd (EMPL) | Capital Structure | Board | AGAINST | 2 | |
| Eco World Development Group Berhad | June 15, 2026 | Approve Provision of Financial Assistance to Versione Wknd Sdn Bhd (VWSB) | Capital Structure | Board | AGAINST | 2 | |
| Ecolab Inc. | May 7, 2026 | Election of Directors: John J. Zillmer | Director Elections | Board | AGAINST | 2 | |
| Ecolab Inc. | May 7, 2026 | Election of Directors: Michel D. Doukeris | Director Elections | Board | AGAINST | 2 | |
| Editas Medicine, Inc. | June 17, 2026 | Election of two Class I Directors, each to serve until the 2029 annual meeting of stockholders: Bernadette Connaughton | Director Elections | Board | WITHHOLD | 2 | |
| Electra Real Estate Ltd. | December 29, 2025 | Reappoint Ernst & Young - Kost Forer Gabbay & Kasierer as Auditors | Audit-related | Board | AGAINST | 2 | |
| Electra Real Estate Ltd. | December 29, 2025 | Reelect Naama Zeldis as Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge End of Mandate of Intercommunal Association Interfin, Permanently Represented by Thibaud Wyngaard, as Director and Elect Nadege Lacroix as Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Passing of Geert Versnick as Chairman and Director and Approve Co-optation of Christophe Peeters as Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Frank Donck as Independent Director and Approve Co-optation of Ed Merc BV, Permanently Represented by Pieter De Crem, as Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Olivier Chapelle as Independent Director and Approve Co-optation of Olivier Chapelle BV, Permanently Represented by Olivier Chapelle, as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Pascale Van Damme as Independent Director and Approve Co-optation of Aurora Nova BV, Permanently Represented by Pascale Van Damme, as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Pieter De Crem as Director and Approve Co-optation of Joachim Coens as Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Roberte Kesteman as Independent Director and Approve Co-optation of Symvouli BV, Permanently Represented by Roberte Kesteman, as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Elia Group SA/NV | May 19, 2026 | In the Event that the Article Amendment Proposed under Item 5 of the EGM is Approved: Elect Pascal De Buck as Director | Director Elections | Board | AGAINST | 2 | |
| Elisa Oyj | April 1, 2026 | Reelect Tuomas Hyyrylainen, Kim Ignatius, Katariina Kravi (Vice Chair), Pia Kall, Urs Schaeppi, Eva-Lotta Sjostedt and Christoph Vitzthum (Chair) as Directors; Elect Rene Lindell and Jane Silber as New Directors | Director Elections | Board | AGAINST | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdulazeez Al Aboudi as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdulazeez Al Anzi as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdulazeez Al Fakhiri as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdulazeez Al Haydari as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdulazeez Al Tamami as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdullah Al Feefi as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Abdulraheem Al Tuweejri as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Ahmed Bakarman as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Ahmed Khoqeer as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Alaa Al Doughan as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Fahd Al Hathloul as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Fahd Al Salim as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Fahd Lasaoud as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Hasan Al Hazimi as Director | Director Elections | Board | ABSTAIN | 2 | |
| Emaar, The Economic City | June 22, 2026 | Elect Hisham Al Husayin as Director | Director Elections | Board | ABSTAIN | 2 |
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Built November 8, 2026 from SEC Form N-PX filings.