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 |
|---|---|---|---|---|---|---|---|
| Jiangsu Hengli Hydraulic Co., Ltd. | September 19, 2025 | Elect Fang Youtong as Director | Director Elections | Board | AGAINST | 2 | |
| Jiangsu Zhongtian Technology Co., Ltd. | December 16, 2025 | Approve Estimated Amount of External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Jiangsu Zhongtian Technology Co., Ltd. | May 21, 2026 | Approve 2025 and 2026 Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Jiangxi Copper Company Limited | October 28, 2025 | Amend Rules for the Management on the Use of Proceeds | Capital Structure | Board | AGAINST | 2 | |
| Jiangxi Zhengbang Technology Co., Ltd. | May 20, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Jindal Stainless Limited | January 8, 2026 | Reelect Rajeev Uberoi as Director | Director Elections | Board | AGAINST | 2 | |
| Jindal Steel & Power Limited | July 18, 2025 | Amend Jindal Steel & Power Employee Benefit Scheme - 2022 | Compensation | Board | AGAINST | 2 | |
| Jindal Steel Limited | November 22, 2025 | Amend Jindal Steel & Power Employee Benefit Scheme - 2022 | Compensation | Board | AGAINST | 2 | |
| Jindal Steel Limited | June 18, 2026 | Approve Reappointment and Remuneration of Damodar Mittal as Wholetime Director | Compensation | Board | AGAINST | 2 | |
| Joby Aviation, Inc. | June 2, 2026 | Election of Directors: To be elected for terms expiring in 2029: Halimah DeLaine Prado | Director Elections | Board | WITHHOLD | 2 | |
| Johnson Outdoors Inc. | February 26, 2026 | Election of Directors: John M. Fahey, Jr. | Director Elections | Board | WITHHOLD | 2 | |
| Jollibee Foods Corporation | June 26, 2026 | Elect Artemio V. Panganiban as Director | Director Elections | Board | AGAINST | 2 | |
| Jollibee Foods Corporation | June 26, 2026 | Elect Cesar V. Purisima as Director | Director Elections | Board | AGAINST | 2 | |
| Jubilant Foodworks Limited | October 1, 2025 | Approve Grant of Stock Options to the Employees/Directors of Present and Future Unlisted Holding, and/or Unlisted Subsidiary Company(ies), in India and/or outside India, under JFL Employees Stock Option Scheme 2025 | Compensation | Board | AGAINST | 2 | |
| Julius Baer Gruppe AG | April 9, 2026 | Reappoint Bruce Fletcher as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Julius Baer Gruppe AG | April 9, 2026 | Reappoint Eunice Zehnder-Lai as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Julius Baer Gruppe AG | April 9, 2026 | Reappoint Kathryn Shih as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Julius Baer Gruppe AG | April 9, 2026 | Reelect Bruce Fletcher as Director | Director Elections | Board | AGAINST | 2 | |
| Julius Baer Gruppe AG | April 9, 2026 | Reelect Eunice Zehnder-Lai as Director | Director Elections | Board | AGAINST | 2 | |
| Julius Baer Gruppe AG | April 9, 2026 | Reelect Kathryn Shih as Director | Director Elections | Board | AGAINST | 2 | |
| Jumbo SA | July 9, 2025 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Jumbo SA | July 9, 2025 | Approve Profit Sharing Plan | Compensation | Board | AGAINST | 2 | |
| K+S AG | May 12, 2026 | Approve Management Board Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| KATITAS Co., Ltd. | June 23, 2026 | Elect Director Arai, Katsutoshi | Director Elections | Board | AGAINST | 2 | |
| KDDI Corp. | June 17, 2026 | Elect Director Matsuda, Hiromichi | Director Elections | Board | AGAINST | 2 | |
| KE Holdings Inc. | June 12, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| KE Holdings Inc. | June 12, 2026 | Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| KE Holdings Inc. | June 12, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| KE Holdings Inc. | June 12, 2026 | Elect Hansong Zhu as Director | Director Elections | Board | AGAINST | 2 | |
| KFin Technologies Ltd. | August 28, 2025 | Approve Remuneration of Vishwanathan Mavila Nair as Non-Executive Director and Chairperson | Compensation | Board | AGAINST | 2 | |
| KFin Technologies Ltd. | August 28, 2025 | Reelect Shantanu Rastogi as Director | Director Elections | Board | AGAINST | 2 | |
| KGHM Polska Miedz SA | June 9, 2026 | Elect Supervisory Board Member | Director Elections | Board | AGAINST | 2 | |
| KOREA AEROSPACE INDUSTRIES Ltd. | March 26, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 2 | |
| KRUK S.A. | May 26, 2026 | APPROVE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| KSL Holdings Berhad | May 26, 2026 | Elect Tan Swee Geok as Director | Director Elections | Board | AGAINST | 2 | |
| Kajima Corp. | June 26, 2026 | Elect Director and Audit Committee Member Omori, Eiji | Director Elections | Board | AGAINST | 2 | |
| Kalyan Jewellers India Ltd. | December 14, 2025 | Amend Kalyan Jewellers India Limited-Employee Stock Option Plan 2020 | Compensation | Board | AGAINST | 2 | |
| Kaneka Corp. | June 26, 2026 | Elect Director Fujii, Kazuhiko | Director Elections | Board | AGAINST | 2 | |
| Kaneka Corp. | June 26, 2026 | Elect Director Sugawara, Kimikazu | Director Elections | Board | AGAINST | 2 | |
| Kanzhun Limited | June 25, 2026 | Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Kanzhun Limited | June 25, 2026 | Elect Peng Zhao as Director | Director Elections | Board | AGAINST | 2 | |
| Keisei Electric Railway Co., Ltd. | June 26, 2026 | Appoint Statutory Auditor Sone, Makoto | Compensation | Board | AGAINST | 2 | |
| Keppel Ltd. | April 17, 2026 | Elect Olivier Blum as Director | Director Elections | Board | AGAINST | 2 | |
| Kerry Group Plc | April 30, 2026 | Re-elect Christopher Rogers as Director | Director Elections | Board | AGAINST | 2 | |
| Kerry Group Plc | April 30, 2026 | Re-elect Emer Gilvarry as Director | Director Elections | Board | AGAINST | 2 | |
| Kerry Group Plc | April 30, 2026 | Re-elect Fiona Dawson as Director | Director Elections | Board | AGAINST | 2 | |
| Kerry Group Plc | April 30, 2026 | Re-elect Michael Kerr as Director | Director Elections | Board | AGAINST | 2 | |
| Killam Apartment Real Estate Investment Trust | May 7, 2026 | Elect Trustee Shant Poladian | Director Elections | Board | WITHHOLD | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Antonio Cosio Arino as Director and Antonio Cosio Pando as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Claudio X. Gonzalez Laporte as Director and Guillermo Gonzalez Guajardo as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Directors, Alternates, Chair of Audit and Corporate Practices Committee and Board Secretary; Approve their Remunerations; Verify Independence Qualification of Directors | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Emilio Carrillo Gamboa as Director and Claudia Rodriguez Campos as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Esteban Malpica Fomperosa as Director and Roberto Fernandez del Valle as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Fernando Lopez Guerra Larrea as Director and Paola Morales Vargas as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Jorge Ballesteros Franco as Director and Diego Ostos Guerresi as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Michael Hsu as Director and Daniela Ruiz Massieu Salinas as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Nelson Urdaneta as Director and Emilio Cadena Rubio as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Pablo R. Gonzalez Guajardo as Director and Esteban Gonzalez Guajardo as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Russell Torres as Director and Fernando Ruiz Sahagun as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Tamera Fenske as Director and Alicia Maria Enciso Cordero as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| Kimberly-Clark de Mexico SAB de CV | February 26, 2026 | Elect and/or Ratify Valentin Diez Morodo as Director and Sergio Chagoya Diaz as Alternate Director | Director Elections | Board | AGAINST | 2 | |
| King Yuan Electronics Co., Ltd. | May 29, 2026 | Elect Semi Wang, with Shareholder No. 30015, as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Kingdee International Software Group Company Limited | May 28, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Kingfisher plc | June 26, 2026 | Re-elect Bill Lennie as Director | Director Elections | Board | AGAINST | 2 | |
| Kingfisher plc | June 26, 2026 | Re-elect Claudia Arney as Director | Director Elections | Board | AGAINST | 2 | |
| Kingfisher plc | June 26, 2026 | Re-elect Ian McLeod as Director | Director Elections | Board | AGAINST | 2 | |
| Kingfisher plc | June 26, 2026 | Re-elect Jeff Carr as Director | Director Elections | Board | AGAINST | 2 | |
| Kingfisher plc | June 26, 2026 | Re-elect Lucinda Riches as Director | Director Elections | Board | AGAINST | 2 | |
| Kingfisher plc | June 26, 2026 | Re-elect Sophie Gasperment as Director | Director Elections | Board | AGAINST | 2 | |
| Kingsoft Corporation Limited | May 28, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Kingsoft Corporation Limited | May 28, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Kingsoft Corporation Limited | May 28, 2026 | Elect Leiwen Yao as Director | Director Elections | Board | AGAINST | 2 | |
| Kingspan Group Plc | April 30, 2026 | Re-elect Anne Heraty as Director | Director Elections | Board | AGAINST | 2 | |
| Kingspan Group Plc | April 30, 2026 | Re-elect Jost Massenberg as Director | Director Elections | Board | AGAINST | 2 | |
| Kingspan Group Plc | April 30, 2026 | Re-elect Louise Phelan as Director | Director Elections | Board | AGAINST | 2 | |
| Kinross Gold Corporation | April 30, 2026 | Elect Director Ave G. Lethbridge | Director Elections | Board | WITHHOLD | 2 | |
| Kinross Gold Corporation | April 30, 2026 | Elect Director George V. Albino | Director Elections | Board | WITHHOLD | 2 | |
| Kinross Gold Corporation | April 30, 2026 | Elect Director Michael A. Lewis | Director Elections | Board | WITHHOLD | 2 | |
| Kioxia Holdings Corp. | June 25, 2026 | Elect Director Stacy J. Smith | Director Elections | Board | AGAINST | 2 | |
| Kitron ASA | April 24, 2026 | Reelect Gyrid Skalleberg Ingero as Director | Director Elections | Board | AGAINST | 2 | |
| Klabin SA | April 7, 2026 | Amend Long-Term Incentive Plan Based on Units First Approved at the December 20, 2011, EGM | Compensation | Board | AGAINST | 2 | |
| Knight-Swift Transportation Holdings Inc. | May 12, 2026 | Vote on a stockholder proposal regarding support for transparency in political spending. | Other Social Issues | Shareholder | Against | FOR | 2 |
| Knorr-Bremse AG | April 30, 2026 | Elect Kathrin Dahnke to the Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| Knorr-Bremse AG | April 30, 2026 | Elect Reinhard Ploss to the Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| Knorr-Bremse AG | April 30, 2026 | Elect Stephan Sturm to the Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| Kobe Bussan Co., Ltd. | January 29, 2026 | Elect Director and Audit Committee Member Ieki, Takeshi | Director Elections | Board | AGAINST | 2 | |
| Koc Holding A.S. | March 18, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 2 | |
| Koito Manufacturing Co., Ltd. | June 26, 2026 | Elect Director Kato, Michiaki | Director Elections | Board | AGAINST | 2 | |
| Koito Manufacturing Co., Ltd. | June 26, 2026 | Elect Director Otake, Masahiro | Director Elections | Board | AGAINST | 2 | |
| Koninklijke Philips NV | May 8, 2026 | Reelect P.A.M. Stoffels to Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| Korea Investment Holdings Co., Ltd. | March 27, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 2 | |
| Kronos Worldwide, Inc. | May 13, 2026 | Election of Directors: Michael S. Simmons | Director Elections | Board | WITHHOLD | 2 | |
| Kuaishou Technology | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Kuaishou Technology | June 25, 2026 | Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Kuaishou Technology | June 25, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Kuaishou Technology | June 25, 2026 | Elect Ma Yin as Director | Director Elections | Board | AGAINST | 2 | |
| Kuang-Chi Technologies Co., Ltd. | July 15, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| Kuang-Chi Technologies Co., Ltd. | July 15, 2025 | Approve Implementation Assessment Management Measures of Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Kuang-Chi Technologies Co., Ltd. | July 15, 2025 | Approve Stock Option Incentive Plan and Its Summary | Compensation | Board | AGAINST | 2 | |
| Kubota Corp. | March 19, 2026 | Elect Director Hanada, Shingo | Director Elections | Board | AGAINST | 2 |
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Built November 8, 2026 from SEC Form N-PX filings.