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 |
|---|---|---|---|---|---|---|---|
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Carlos da Costa Parcias Junior as Director | Director Elections | Board | ABSTAIN | 1 | |
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Caroline Carlos as Director | Director Elections | Board | ABSTAIN | 1 | |
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Helena Scripilliti Ferreira Velloso as Director | Director Elections | Board | ABSTAIN | 1 | |
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Joao Henrique Batista de Souza Schmidt as Director | Director Elections | Board | ABSTAIN | 1 | |
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Maria Leticia Freitas Costa as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Ricardo Szlejf as Director | Director Elections | Board | ABSTAIN | 1 | |
| Auren Energia SA | April 27, 2026 | Percentage of Votes to Be Assigned - Elect Sergio Ricardo Romani as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Aurora Innovation, Inc. | May 21, 2026 | Election of Directors: Gloria Boyland | Director Elections | Board | WITHHOLD | 1 | |
| Austal Limited | October 28, 2025 | Elect Richard Gibb as Director | Director Elections | Board | AGAINST | 1 | |
| Austevoll Seafood ASA | May 28, 2026 | Reelect Lill Maren Mogster as Director | Director Elections | Board | AGAINST | 1 | |
| Autel Intelligent Technology Corp. Ltd. | April 10, 2026 | Approve External Guarantees | Capital Structure | Board | AGAINST | 1 | |
| Authum Investment & Infrastructure Ltd. | December 12, 2025 | Approve Authum Investment & Infrastructure Limited Employee Stock Option Scheme 2025 | Compensation | Board | AGAINST | 1 | |
| Authum Investment & Infrastructure Ltd. | December 12, 2025 | Approve Grant of Employee Stock Options to the Employees of Subsidiary Company(ies) of the Company under Authum Investment & Infrastructure Limited Employee Stock Option Scheme 2025 | Compensation | Board | AGAINST | 1 | |
| Auto1 Group SE | June 4, 2026 | Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billion; Approve Creation of EUR 22.1 Million Pool of Capital to Guarantee Conversion Rights | Capital Structure | Board | AGAINST | 1 | |
| Auto1 Group SE | June 4, 2026 | Elect Lars Santelmann to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| Autobacs Seven Co., Ltd. | June 23, 2026 | Elect Director Horii, Yugo | Director Elections | Board | AGAINST | 1 | |
| Aygaz AS | March 11, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Ayvens SA | May 13, 2026 | Ratify Appointment of Cecile Bartenieff as Director | Director Elections | Board | AGAINST | 1 | |
| Ayvens SA | May 13, 2026 | Reelect Laura Mather as Director | Director Elections | Board | AGAINST | 1 | |
| Azorim-Investment, Development & Construction Co. Ltd. | September 25, 2025 | Reappoint Brightman Almagor Zohar & Co. as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Azorim-Investment, Development & Construction Co. Ltd. | December 31, 2025 | Reelect Avraham Elimelech as External Director | Director Elections | Board | AGAINST | 1 | |
| Azorim-Investment, Development & Construction Co. Ltd. | December 31, 2025 | Reelect Lior Mor as External Director | Director Elections | Board | AGAINST | 1 | |
| B&G Foods, Inc. | May 21, 2026 | Approval, by non-binding advisory vote, of executive compensation: | Say-on-Pay | Board | AGAINST | 1 | |
| BANK MILLENNIUM S.A. | March 30, 2026 | TAKING A RESOLUTION IN THE MATTER OF EXPRESSING OPINION REGARDING THE SUPERVISORY BOARD REPORT ON THE REMUNERATION OF MEMBERS OF THE BANK'S MANAGEMENT BOARD AND SUPERVISORY BOARD | Say-on-Pay | Board | AGAINST | 1 | |
| BBMG Corporation | June 4, 2026 | Approve Authorization of the Guarantee Plan | Capital Structure | Board | AGAINST | 1 | |
| BBMG Corporation | June 4, 2026 | Approve Estimated New Cap for the Financial Assistance | Capital Structure | Board | AGAINST | 1 | |
| BEAM GLOBAL | October 21, 2025 | Approve, on a non-binding advisory basis, the compensation of our Named Executive Officers. | Say-on-Pay | Board | AGAINST | 1 | |
| BECHTLE AKTIENGESELLSCHAFT | June 17, 2026 | APPROVAL OF THE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Approve MMA & Partners as Secretarial Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Elect Meera Mohanty as Director | Director Elections | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Elect Rajeev Kumar Gupta as Director | Director Elections | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Elect Sanjay Som as Director | Director Elections | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Elect Siva Makutam as Director | Director Elections | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Elect Vikas Ramkrishna Kakatkar as Director | Director Elections | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Reelect Anil Jerath as Director | Director Elections | Board | AGAINST | 1 | |
| BEML Limited | September 29, 2025 | Reelect Debi Prasad Satpathy as Director | Director Elections | Board | AGAINST | 1 | |
| BENEFIT SYSTEMS S.A. | June 10, 2026 | ADOPTION OF A RESOLUTION ON EXPRESSING AN OPINION ON THE REMUNERATION REPORT FOR 2025 | Say-on-Pay | Board | AGAINST | 1 | |
| BES Engineering Corp. | May 21, 2026 | Elect Chih-Ming Chou, a Representative of Ten King Investment Co., Ltd. with Shareholder No. 00061322, as Non-independent Director | Director Elections | Board | AGAINST | 1 | |
| BES Engineering Corp. | May 21, 2026 | Elect Hsiang-Sheng Chu, with Shareholder No. A120295XXX, as Independent Director | Director Elections | Board | AGAINST | 1 | |
| BES Engineering Corp. | May 21, 2026 | Elect Mei-Yuan Yang, a Representative of Yang Jen Industrial Co., Ltd. with Shareholder No. 00508639, as Non-independent Director | Director Elections | Board | AGAINST | 1 | |
| BES Engineering Corp. | May 21, 2026 | Elect Yen-Ping Liang, with Shareholder No. M220150XXX, as Independent Director | Director Elections | Board | AGAINST | 1 | |
| BETA Technologies, Inc. | June 11, 2026 | Election of Directors: John Abele | Director Elections | Board | WITHHOLD | 1 | |
| BHI Co., Ltd. | March 28, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 1 | |
| BHI Co., Ltd. | March 28, 2026 | Elect Noh Jong-moon as Outside Director | Director Elections | Board | AGAINST | 1 | |
| BIG 5 SPORTING GOODS CORPORATION | September 26, 2025 | To approve, on an advisory (non-binding) basis, the compensation that may become payable to Big 5 Sporting Goods Corporation's named executive officers in connection with the merger; and | Say-on-Pay | Board | AGAINST | 1 | |
| BIODESIX, INC. | May 19, 2026 | To approve, on a non-binding advisory basis, the compensation of our named executive officers; | Say-on-Pay | Board | AGAINST | 1 | |
| BLUE DOLPHIN ENERGY COMPANY | June 25, 2026 | APPROVE, ON AN ADVISORY BASIS, A NON-BINDING VOTE ON EXECUTIVE COMPENSATION ("SAY ON PAY") | Say-on-Pay | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Bozena Lesniewska as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Francois Andre Benaroya as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Jacques Rinino as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Jean-Charles Aranda as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Khatleen Pauwels as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Lucyna Stanczak-Wuczynska as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Malgorzata Chrusciak as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Mariusz Warych as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Monika Kaczorek as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Piotr Mietkowski as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Sophie Heller as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BNP Paribas Bank Polska SA | April 14, 2026 | Elect Vincent Metz as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| BOK Financial Corporation | May 5, 2026 | Election of Directors: Alan S. Armstrong | Director Elections | Board | WITHHOLD | 1 | |
| BOK Financial Corporation | May 5, 2026 | Election of Directors: George B. Kaiser | Director Elections | Board | WITHHOLD | 1 | |
| BOSS ENERGY LTD | November 20, 2025 | REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 1 | |
| BP Plc | April 23, 2026 | Re-elect Johannes Teyssen as Director | Director Elections | Board | AGAINST | 1 | |
| BP Plc | April 23, 2026 | Re-elect Satish Pai as Director | Director Elections | Board | AGAINST | 1 | |
| BRC Inc. | May 28, 2026 | Election of Class I Directors: Kathryn Dickson | Director Elections | Board | AGAINST | 1 | |
| BROADWAY FINANCIAL CORPORATION | June 17, 2026 | To cast an advisory (non-binding) vote to approve executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| BW Energy Ltd. | May 11, 2026 | Reelect Andreas Sohmen-Pao (Chair) as Director | Director Elections | Board | AGAINST | 1 | |
| Babcock & Wilcox Enterprises, Inc. | May 20, 2026 | If proposal 1 is approved, the election of the nominees listed as Class I directors for a term of two years: Alan B. Howe | Director Elections | Board | WITHHOLD | 1 | |
| Babcock & Wilcox Enterprises, Inc. | May 20, 2026 | If proposal 1 is not approved, the election of the nominees listed as Class II directors for a term of three years: Alan B. Howe | Director Elections | Board | WITHHOLD | 1 | |
| Bachem Holding AG | April 29, 2026 | Appoint Helma Wennemers as Member of the Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reappoint Alex Faessler as Member of the Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reappoint Nicole Hoetzer as Member of the Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reelect Alex Faessler as Director | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reelect Helma Wennemers as Director | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reelect Kuno Sommer as Director and Board Chair | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reelect Nicole Hoetzer as Director | Director Elections | Board | AGAINST | 1 | |
| Bachem Holding AG | April 29, 2026 | Reelect Simon Fedele as Director | Director Elections | Board | AGAINST | 1 | |
| Backblaze, Inc. | May 26, 2026 | Election of one Class II Director to hold office until the annual meeting of stockholders held in 2029: Jocelyn Carter-Miller | Director Elections | Board | AGAINST | 1 | |
| Baimtec Material Co., Ltd. | May 28, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 1 | |
| Baimtec Material Co., Ltd. | May 28, 2026 | Approve to Appoint Auditor | Audit-related | Board | AGAINST | 1 | |
| Baiyin Nonferrous Metal (Group) Co. Ltd. | May 8, 2026 | Approve 2026 External Guarantee Plan | Capital Structure | Board | AGAINST | 1 | |
| Baiyin Nonferrous Metal (Group) Co. Ltd. | May 8, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 1 | |
| Baiyin Nonferrous Metal (Group) Co. Ltd. | May 29, 2026 | Approve to Formulate the Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 1 | |
| Baiyin Nonferrous Metal (Group) Co. Ltd. | June 29, 2026 | Approve Remuneration of Supervisors | Compensation | Board | AGAINST | 1 | |
| Balfour Beatty Plc | May 7, 2026 | Re-elect Anne Drinkwater as Director | Director Elections | Board | AGAINST | 1 | |
| Balfour Beatty Plc | May 7, 2026 | Re-elect Barbara Moorhouse as Director | Director Elections | Board | AGAINST | 1 | |
| Balfour Beatty Plc | May 7, 2026 | Re-elect Charles Allen, Lord of Kensington as Director | Director Elections | Board | AGAINST | 1 | |
| Balfour Beatty Plc | May 7, 2026 | Re-elect Gabrielle Costigan as Director | Director Elections | Board | AGAINST | 1 | |
| Balfour Beatty Plc | May 7, 2026 | Re-elect Robert MacLeod as Director | Director Elections | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Appoint Auditor for Sustainability Reporting and Approve Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Approve Auditors and Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Approve Director Remuneration for 2025 | Compensation | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Approve Share Distribution Plan | Compensation | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Elect Directors and Appoint Independent Directors (Bundled) | Director Elections | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Elect Members of Audit Committee (Bundled) | Director Elections | Board | AGAINST | 1 | |
| Ballys Intralot SA | May 28, 2026 | Pre-approve Director Remuneration for 2026 | Compensation | Board | AGAINST | 1 | |
| Balrampur Chini Mills Limited | August 30, 2025 | Reelect Mamta Binani as Director | Director Elections | Board | AGAINST | 1 | |
| Banco Itau Chile | April 9, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| Banco Santander (Brasil) SA | July 4, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.