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 |
|---|---|---|---|---|---|---|---|
| Banco Santander (Brasil) SA | July 4, 2025 | Percentage of Votes to Be Assigned - Elect Nitin Prabhu as Director | Director Elections | Board | ABSTAIN | 1 | |
| Banco Santander (Brasil) SA | October 16, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 1 | |
| Banco Santander (Brasil) SA | October 16, 2025 | Percentage of Votes to Be Assigned - Elect Gilson Finkelsztain as Director | Director Elections | Board | ABSTAIN | 1 | |
| Banco Santander (Brasil) SA | January 15, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 1 | |
| Banco Santander (Brasil) SA | January 15, 2026 | Percentage of Votes to Be Assigned - Elect Antonio Carlos Quintella as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Banco de Bogota SA | March 26, 2026 | Approve Merger by Absorption of Fiduciaria de Bogota SA | Extraordinary Transactions | Board | AGAINST | 1 | |
| Banco de Bogota SA | March 26, 2026 | Elect Directors and Approve Their Remuneration | Director Elections | Board | AGAINST | 1 | |
| Bandai Namco Holdings, Inc. | June 22, 2026 | Elect Director Asako, Yuji | Director Elections | Board | AGAINST | 1 | |
| Bangkok Bank Public Company Limited | April 10, 2026 | Elect Siri Jirapongphan as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of India | June 15, 2026 | Approve Appointment of Pramod Kumar Dwibedi as Executive Director | Compensation | Board | AGAINST | 1 | |
| Bank of Ireland Group Plc | May 21, 2026 | Re-elect Akshaya Bhargava as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of Ireland Group Plc | May 21, 2026 | Re-elect Michele Greene as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of Lanzhou Co., Ltd. | November 18, 2025 | Approve Acquisition of Qingcheng County Jincheng Rural Bank to Establish a Branch | Extraordinary Transactions | Board | AGAINST | 1 | |
| Bank of Maharashtra | March 23, 2026 | Approve Appointment of Prabhat Kiran as Executive Director | Compensation | Board | AGAINST | 1 | |
| Bank of Maharashtra | March 23, 2026 | Elect Alok Jain as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of Maharashtra | March 23, 2026 | Elect Prasenjeet Shrikrishna Fadnavis as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of Maharashtra | March 23, 2026 | Elect Reena Jha Tripathi as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of Maharashtra | June 30, 2026 | Approve Appointment of Sushanta Kumar Mohanty as Executive Director | Compensation | Board | AGAINST | 1 | |
| Bank of Queensland Limited | December 2, 2025 | Elect Karen Penrose as Director | Director Elections | Board | AGAINST | 1 | |
| Bank of South Carolina Corporation | April 14, 2026 | Elect Director Josette R. E. Pelzer | Director Elections | Board | WITHHOLD | 1 | |
| Bank of South Carolina Corporation | April 14, 2026 | Elect Director Karen J. Phillips | Director Elections | Board | WITHHOLD | 1 | |
| Bank of South Carolina Corporation | April 14, 2026 | Elect Director Malcolm M. Rhodes | Director Elections | Board | WITHHOLD | 1 | |
| Bank of South Carolina Corporation | April 14, 2026 | Elect Director Richard W. Hutson, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| Bank of South Carolina Corporation | April 14, 2026 | Elect Director Thaddeus T. Shuler | Director Elections | Board | WITHHOLD | 1 | |
| Bank of South Carolina Corporation | April 14, 2026 | Ratify Elliott Davis, LLC as Auditors | Audit-related | Board | AGAINST | 1 | |
| Bank of Xi'an Co., Ltd. | May 22, 2026 | Approve Resolution and Authorization Extension of Issuance of Financial Bonds (Non-Capital) | Capital Structure | Board | AGAINST | 1 | |
| Bankinter SA | March 26, 2026 | Reelect Alfonso Botin-Sanz de Sautuola y Naveda as Director | Director Elections | Board | AGAINST | 1 | |
| Banque Cantonale de Geneve | April 28, 2026 | Appoint Dominique Le Doeuil as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Banque Cantonale de Geneve | April 28, 2026 | Elect Dominique Le Doeuil as Director | Director Elections | Board | AGAINST | 1 | |
| Baticim Bati Anadolu Cimento Sanayii AS | June 3, 2026 | Appoint Auditor for Sustainability Reporting for 2024 and 2025 | Audit-related | Board | AGAINST | 1 | |
| Baticim Bati Anadolu Cimento Sanayii AS | June 3, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Baticim Bati Anadolu Cimento Sanayii AS | June 3, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| Batisoke Soke Cimento Sanayii TAS | June 3, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Batisoke Soke Cimento Sanayii TAS | June 3, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| BayCurrent, Inc. | May 27, 2026 | Elect Director Abe, Yoshiyuki | Director Elections | Board | AGAINST | 1 | |
| Baytex Energy Corp. | May 7, 2026 | Elect Director Steve D. L. Reynish | Director Elections | Board | WITHHOLD | 1 | |
| Beach Energy Limited | November 12, 2025 | Elect Ryan Stokes as Director | Director Elections | Board | AGAINST | 1 | |
| Beazley Plc | April 22, 2026 | Re-elect Carolyn Johnson as Director | Director Elections | Board | AGAINST | 1 | |
| Beazley Plc | April 22, 2026 | Re-elect Cecilia Leuzinger as Director | Director Elections | Board | AGAINST | 1 | |
| Beazley Plc | April 22, 2026 | Re-elect Clive Bannister as Director | Director Elections | Board | AGAINST | 1 | |
| Beazley Plc | April 22, 2026 | Re-elect John Reizenstein as Director | Director Elections | Board | AGAINST | 1 | |
| Beazley Plc | April 22, 2026 | Re-elect Pierre-Olivier Desaulle as Director | Director Elections | Board | AGAINST | 1 | |
| Becle SAB de CV | April 30, 2026 | Elect and/or Ratify Chair and Secretary of Audit and Corporate Practices Committee | Director Elections | Board | AGAINST | 1 | |
| Becle SAB de CV | April 30, 2026 | Elect and/or Ratify Directors, Secretary and CEO | Director Elections | Board | AGAINST | 1 | |
| Beijer Alma AB | April 28, 2026 | Reelect Caroline af Ugglas, Hans Landin, Johnny Alvarsson, Oskar Hellstrom, Sofie Lowenhielm and Johan Wall (Chair) as Directors | Director Elections | Board | AGAINST | 1 | |
| Beijing Capital Eco-Environment Protection Group Co., Ltd. | November 20, 2025 | Approve Provision of Loan | Capital Structure | Board | AGAINST | 1 | |
| Beijing Capital Eco-Environment Protection Group Co., Ltd. | May 29, 2026 | Approve Application of Non-financing Guarantee | Capital Structure | Board | AGAINST | 1 | |
| Beijing Capital International Airport Company Limited | June 17, 2026 | Approve Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP (Special General Partnership) as International and Domestic Auditors, Respectively, and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Beijing Compass Technology Development Co., Ltd. | May 27, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 1 | |
| Beijing Compass Technology Development Co., Ltd. | May 27, 2026 | Approve Draft and Summary on Stock Option Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Beijing Compass Technology Development Co., Ltd. | May 27, 2026 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 1 | |
| Beijing Dabeinong Technology Group Co., Ltd. | May 15, 2026 | Approve Estimated Amount of Guarantee | Capital Structure | Board | AGAINST | 1 | |
| Beijing Jingyi Automation Equipment Co., Ltd. | June 24, 2026 | Approve to Appoint Auditor | Audit-related | Board | AGAINST | 1 | |
| Beijing Jingyi Automation Equipment Co., Ltd. | June 24, 2026 | Approve to Formulate Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 1 | |
| Beijing Oriental Yuhong Waterproof Technology Co., Ltd. | March 20, 2026 | Approve Provision of Guarantee for Credit Lines Application of Subsidiary | Capital Structure | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Arrangement of Accumulated Undistributed Profits | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Authorization of the Board to Handle All Related Matters | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Company's Eligibility for Acquisition by Issuance of Shares | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Completeness and Compliance of Implementation of Legal Proceedings of the Transactions and Validity of the Submitted Legal Documents Regarding This Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Independence of Appraiser, the Validity of Hypothesis, the Relevance of Valuation Purpose and Approach as Well as the Fairness of Pricing | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Issuance Price Adjustment Mechanism | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Issuance Quantity | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Issue Type and Par Value | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Overall Transaction Plan | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Pricing Reference Date, Pricing Basis and Issuance Price | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Proposal on Measures and Commitment Matters for Diluting Immediate Returns in This Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Report (Draft) and Summary on Company's Acquisition by Issuance of Shares | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Resolution Validity Period | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Share Lock-up Period Arrangement | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Signing of Transaction Agreements with Effective Conditions | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Target Subscribers | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve This Transaction Does Not Constitute as Related Party Transaction, Major Asset Restructuring and Restructuring Listing | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Transaction Complies with Article 11 of Administrative Measures for the Registration of Securities Issuance by Listed Companies | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Transaction Complies with Article 4 of Listed Company Supervision Guidelines No. 9 - Regulatory Requirements for Listed Companies to Plan and Implement Major Asset Restructuring | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Transaction Complies with Articles 11, 43 and 44 of the Measures for the Administration of Major Asset Restructuring of Listed Companies | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve Transitional Arrangements | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve the Audit Report, Valuation Report and Pro Forma Review Report Related to the Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve the Company's Stock Price Fluctuations in the 20 Trading Days Prior to the Announcement of the Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve the Confidentiality Measures and Confidentiality System Adopted for This Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve the Direct or Indirect Paid Employment of Other Third-Party Institutions or Individuals in This Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve the Non Participation of Relevant Parties in Any Major Asset Restructuring of Listed Companies in This Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | September 1, 2025 | Approve the Purchase and Sale of Assets Within the 12 Months Prior to This Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shiji Information Technology Co., Ltd. | April 16, 2026 | Approve Use of Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 1 | |
| Beijing Shougang Co., Ltd. | February 6, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 1 | |
| Beijing Shougang Co., Ltd. | February 6, 2026 | Approve Draft and Summary of Stock Option Plan and Performance Share Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Beijing Shougang Co., Ltd. | February 6, 2026 | Approve Implementation and Assessment Management Measures (Revised Draft) of Stock Option Plan and Performance Share Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Darden Restaurants, Inc. | September 17, 2025 | To vote on a shareholder proposal requesting the Company disclose measurable targets for reducing greenhouse emissions. | Environment or Climate | Shareholder | Against | FOR | 1 |
| GE Aerospace | May 5, 2026 | Shareholder Proposal Requesting Report on Defense-Related Products | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| Grindr Inc. | July 30, 2025 | Stockholder proposal regarding adoption of a human rights policy covering freedom of association and collective bargaining. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| HCA Healthcare, Inc. | April 23, 2026 | Stockholder proposal, if properly presented at the meeting, regarding a report on healthcare consequences. | Other Social Issues | Shareholder | Against | FOR | 1 |
| Harley-Davidson, Inc. | May 21, 2026 | To vote on a shareholder proposal regarding a climate transition plan. | Environment or Climate | Shareholder | Against | FOR | 1 |
| Palantir Technologies Inc. | June 3, 2026 | Stockholder proposal entitled "Independent Report on Due Diligence Process," if properly presented at the Annual Meeting. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| Tyson Foods, Inc. | February 5, 2026 | Shareholder proposal regarding report on environmental and human health impacts from waste lagoons. | Environment or Climate | Shareholder | Against | FOR | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.