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 |
|---|---|---|---|---|---|---|---|
| Sofina SA | May 13, 2026 | Reelect Rajeev Vasudeva as Independent Director | Director Elections | Board | AGAINST | 2 | |
| SoftBank Corp. | June 23, 2026 | Elect Director Miyakawa, Junichi | Director Elections | Board | AGAINST | 2 | |
| Solaris Energy Infrastructure, Inc. | May 15, 2026 | Election of Directors: Edgar R. Giesinger | Director Elections | Board | WITHHOLD | 2 | |
| Solid Biosciences Inc. | June 10, 2026 | Election of Class II Directors: Adam Stone | Director Elections | Board | WITHHOLD | 2 | |
| Sompo Holdings, Inc. | June 22, 2026 | Elect Director Hara, Shinichi | Director Elections | Board | AGAINST | 2 | |
| Sompo Holdings, Inc. | June 22, 2026 | Elect Director Higashi, Kazuhiro | Director Elections | Board | AGAINST | 2 | |
| Sompo Holdings, Inc. | June 22, 2026 | Elect Director Okumura, Mikio | Director Elections | Board | AGAINST | 2 | |
| Sompo Holdings, Inc. | June 22, 2026 | Elect Director Yamada, Meyumi | Director Elections | Board | AGAINST | 2 | |
| Sona BLW Precision Forgings Ltd. | July 25, 2025 | Reelect Shradha Suri as Director | Director Elections | Board | AGAINST | 2 | |
| SoundHound AI, Inc. | May 22, 2026 | Election of Directors: Diana Sroka | Director Elections | Board | WITHHOLD | 2 | |
| SoundHound AI, Inc. | May 22, 2026 | Election of Directors: Dr. Eric R. Ball | Director Elections | Board | WITHHOLD | 2 | |
| SoundHound AI, Inc. | May 22, 2026 | Election of Directors: Larry Marcus | Director Elections | Board | WITHHOLD | 2 | |
| South32 Ltd. | October 23, 2025 | Approve Grant of Rights to Graham Kerr | Compensation | Board | AGAINST | 2 | |
| South32 Ltd. | October 23, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Barry McCarthy as B Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Christopher Marshall as B Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Heidi O'Neill as B Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Mona Sutphen as B Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Padmasree Warrior as B Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Shishir Samir Mehrotra as A Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Ted Sarandos as B Director | Director Elections | Board | AGAINST | 2 | |
| Spotify Technology SA | April 15, 2026 | Elect Thomas Owen Staggs as B Director | Director Elections | Board | AGAINST | 2 | |
| Srf Limited | July 3, 2025 | Approve Reappointment and Remuneration of Ashish Bharat Ram as Chairman and Managing Director | Compensation | Board | AGAINST | 2 | |
| Srf Limited | June 30, 2026 | Approve Reappointment and Remuneration of Kartik Bharat Ram as Joint Managing Director | Compensation | Board | AGAINST | 2 | |
| Srf Limited | June 30, 2026 | Approve Reappointment, Payment and Facilities to be Extended to Arun Bharat Ram as Chairman Emeritus | Compensation | Board | AGAINST | 2 | |
| Standard Life Plc | May 14, 2026 | Re-elect Karen Green as Director | Director Elections | Board | AGAINST | 2 | |
| Standard Life Plc | May 14, 2026 | Re-elect Katie Murray as Director | Director Elections | Board | AGAINST | 2 | |
| Standard Life Plc | May 14, 2026 | Re-elect Mark Gregory as Director | Director Elections | Board | AGAINST | 2 | |
| Standard Life Plc | May 14, 2026 | Re-elect Sherry Coutu as Director | Director Elections | Board | AGAINST | 2 | |
| Standard Life Plc | May 14, 2026 | Re-elect Sir Nicholas Lyons as Director | Director Elections | Board | AGAINST | 2 | |
| Stanley Black & Decker, Inc. | April 24, 2026 | Approve the Amended & Restated 2024 Omnibus Award Plan. | Compensation | Board | AGAINST | 2 | |
| Stanley Electric Co., Ltd. | June 25, 2026 | Elect Director Kaizumi, Yasuaki | Director Elections | Board | AGAINST | 2 | |
| Starhill Global Real Estate Investment Trust | October 29, 2025 | Elect Yeoh Seok Kian as Director | Director Elections | Board | AGAINST | 2 | |
| Stellantis NV | April 14, 2026 | Reelect Robert Peugeot as Non-Executive Director | Director Elections | Board | AGAINST | 2 | |
| Stratus Properties Inc. | June 1, 2026 | Election of three Class I directors: James E. Joseph | Director Elections | Board | WITHHOLD | 2 | |
| Sugi Holdings Co., Ltd. | May 21, 2026 | Elect Director Sakakibara, Eiichi | Director Elections | Board | AGAINST | 2 | |
| Sugi Holdings Co., Ltd. | May 21, 2026 | Elect Director Sugiura, Katsunori | Director Elections | Board | AGAINST | 2 | |
| Sulzer AG | April 15, 2026 | Ratify KPMG AG as Auditors | Audit-related | Board | AGAINST | 2 | |
| Sulzer AG | April 15, 2026 | Reelect Suzanne Thoma as Director and Board Chair | Director Elections | Board | AGAINST | 2 | |
| Sumitomo Heavy Industries, Ltd. | March 27, 2026 | Elect Director Shimomura, Shinji | Director Elections | Board | AGAINST | 2 | |
| Sumitomo Heavy Industries, Ltd. | March 27, 2026 | Elect Director Watanabe, Toshiro | Director Elections | Board | AGAINST | 2 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Nakashima, Toru | Director Elections | Board | AGAINST | 2 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Takashima, Makoto | Director Elections | Board | AGAINST | 2 | |
| Sun Frontier Fudousan Co., Ltd. | June 23, 2026 | Elect Director Horiguchi, Tomoaki | Director Elections | Board | AGAINST | 2 | |
| Sun Frontier Fudousan Co., Ltd. | June 23, 2026 | Elect Director Saito, Seiichi | Director Elections | Board | AGAINST | 2 | |
| Sunac China Holdings Limited | May 26, 2026 | Approve BDO Limited as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Sunac China Holdings Limited | May 26, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Sunac China Holdings Limited | May 26, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Sunac China Holdings Limited | May 26, 2026 | Elect Ma Zhixia as Director | Director Elections | Board | AGAINST | 2 | |
| Sunac China Holdings Limited | May 26, 2026 | Elect Sun Hongbin as Director | Director Elections | Board | AGAINST | 2 | |
| Sunac China Holdings Limited | May 26, 2026 | Elect Yuan Zhigang as Director | Director Elections | Board | AGAINST | 2 | |
| Suncorp Group Limited | September 25, 2025 | Elect Ian Hammond as Director | Director Elections | Board | AGAINST | 2 | |
| Suncorp Group Limited | September 25, 2025 | Elect Sally Herman as Director | Director Elections | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Elect Ni Wenjun as Director | Director Elections | Board | AGAINST | 2 | |
| Super Micro Computer, Inc. | April 15, 2026 | To approve, on a non-binding advisory basis, the compensation of the named executive officers as disclosed in the proxy statement. | Say-on-Pay | Board | AGAINST | 2 | |
| Super Micro Computer, Inc. | April 15, 2026 | To elect three Class I directors to hold office until the Annual Meeting of Stockholders following fiscal year 2028 or until the successors are duly elected and qualified: Charles Liang | Director Elections | Board | WITHHOLD | 2 | |
| Suzhou Dongshan Precision Manufacturing Co., Ltd. | May 15, 2026 | Approve Remuneration of Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Suzhou Dongshan Precision Manufacturing Co., Ltd. | May 15, 2026 | Elect Yuan Yonggang as Director | Director Elections | Board | AGAINST | 2 | |
| Suzlon Energy Limited | September 25, 2025 | Approve Reappointment and Remuneration of Girish R.Tanti as Executive Director | Compensation | Board | AGAINST | 2 | |
| Suzlon Energy Limited | September 25, 2025 | Approve Reappointment and Remuneration of Vinod R.Tanti as Managing Director | Compensation | Board | AGAINST | 2 | |
| Svenska Handelsbanken AB | March 25, 2026 | Reelect Ulf Riese as Director | Director Elections | Board | AGAINST | 2 | |
| Sweco AB | April 22, 2026 | Reelect Asa Bergman, Katrien Beuls, Alf Goransson, Johan Hjertonsson, Constanze Hufenbecher, Johan Nordstrom (Chair), Susanne Pahlen Aklundh, and Johan Wall as Directors | Director Elections | Board | AGAINST | 2 | |
| Swire Properties Limited | May 12, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Swire Properties Limited | May 12, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Swire Properties Limited | May 12, 2026 | Elect Wu, May Yihong as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Elect Patrick Frost as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reappoint Klaus Tschuetscher as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reappoint Martin Schmid as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reappoint Monika Buetler as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Damir Filipovic as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Franziska Sauber as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Klaus Tschuetscher as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Martin Schmid as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Monika Buetler as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Rolf Doerig as Director and Board Chair | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Thomas Buess as Director | Director Elections | Board | AGAINST | 2 | |
| Syndax Pharmaceuticals, Inc. | June 10, 2026 | Election of Directors: Pierre Legault | Director Elections | Board | WITHHOLD | 2 | |
| Syndax Pharmaceuticals, Inc. | June 10, 2026 | To approve the Syndax Pharmaceuticals, Inc. 2026 Equity Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| TAURON POLSKA ENERGIA S.A | May 20, 2026 | APPROVE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| TBEA Co., Ltd. | November 3, 2025 | Approve Application for Unified Registration and Issuance of Multiple Types of Non-Financial Enterprise Debt Financing Instruments (DFI) | Capital Structure | Board | AGAINST | 2 | |
| TBEA Co., Ltd. | May 7, 2026 | Approve Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | July 17, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | July 17, 2025 | Approve Draft and Summary on Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | July 17, 2025 | Approve Management Measures for the Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Matters Related to Entrusted Wealth Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Provision of Guarantee by Controlled Subsidiaries to Their Consolidated Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Provision of Guarantee for Controlled Non-Public Companies and Their Subsidiaries as well as the Company's Investee Companies | Capital Structure | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Provision of Guarantee for Controlled Public Subsidiaries and Their Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve Draft and Summary of Partnership Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve Management Method of Partnership Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve to Adjust 2025 Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Zhonghuan Renewable Energy Technology Co., Ltd. | April 15, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| TDK Corp. | June 19, 2026 | Elect Director Yamanishi, Tetsuji | Director Elections | Board | AGAINST | 2 | |
| TECHNOPROBE S.P.A. | April 23, 2026 | REPORT ON THE REMUNERATION POLICY AND COMPENSATION PAID: RESOLUTIONS RELATING TO THE SECOND SECTION OF THE REPORT PURSUANT TO ART. 123-TER, PARAGRAPH 6 OF LEGISLATIVE DECREE NO. 58 OF 24 FEBRUARY 1998 | Say-on-Pay | Board | AGAINST | 2 | |
| TENARIS, S.A. | May 12, 2026 | Approval of the Company's compensation report for the year ended 31st December 2025. | Say-on-Pay | Board | AGAINST | 2 | |
| THUNGELA RESOURCES LIMITED | June 5, 2026 | NON-BINDING ADVISORY VOTE: APPROVAL OF THE IMPLEMENTATION OF THE REMUNERATION POLICY | Say-on-Pay | Board | AGAINST | 2 |
← Previous Page 48 of 61 Next →
← Back to Northern Trust 2025-2026 overview
Built November 8, 2026 from SEC Form N-PX filings.