Home › Asset managers › Principal › 2024-2025 › Against the board
2,932 proposals in the 2024-2025 proxy season: Principal voted against, or withheld its votes from, 2,862 proposals put forward by company boards, and voted for 70 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Principal 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
2,932 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Principal voted | Funds |
|---|---|---|---|---|---|---|---|
| Vertex, Inc. | June 11, 2025 | Election of directors: Philip Saunders | Director Elections | Board | WITHHOLD | 1 | |
| Vestel Beyaz Esya Sanayi ve Ticaret AS | May 22, 2025 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Vicor Corporation | June 20, 2025 | To fix the number of Directors at eleven and to elect the following eleven nominees as Directors to hold office until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Samuel J. Anderson | Director Elections | Board | WITHHOLD | 1 | |
| Vietnam Technological & Commercial Joint Stock Bank | August 6, 2024 | Approve Issuance of Shares under Employee Stock Option Plan (ESOP) to Increase Charter Capital in 2024 | Compensation | Board | AGAINST | 1 | |
| Vietnam Technological & Commercial Joint Stock Bank | April 26, 2025 | Approve Employee Stock Ownership Plan (ESOP) to Increase Charter Capital | Compensation | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Jack Weingart | Director Elections | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Morten Garman | Director Elections | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Pat Naccarato | Director Elections | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Paul Hackwell | Director Elections | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Richard Fear | Director Elections | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Tore Myrholt | Director Elections | Board | AGAINST | 1 | |
| Viking Holdings Ltd | May 15, 2025 | Election of Directors: Torstein Hagen | Director Elections | Board | AGAINST | 1 | |
| Viking Therapeutics, Inc. | May 20, 2025 | TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Say-on-Pay | Board | AGAINST | 1 | |
| Viper Energy, Inc. | May 20, 2025 | The approval, on an advisory basis, of the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Viridian Therapeutics, Inc. | June 20, 2025 | To approve a further amendment and restatement of the Company's Amended and Restated 2016 Equity Incentive Plan, including increasing the number of shares available for issuance thereunder by 8,000,000 shares. | Compensation | Board | AGAINST | 1 | |
| Viridian Therapeutics, Inc. | June 20, 2025 | To approve, on an advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Virtu Financial, Inc. | June 2, 2025 | Elect Christopher C. Quick | Director Elections | Board | WITHHOLD | 1 | |
| Virtu Financial, Inc. | June 2, 2025 | Election of Directors: Christopher C. Quick | Director Elections | Board | WITHHOLD | 1 | |
| Virtu Financial, Inc. | June 2, 2025 | Election of Directors: Vincent Viola | Director Elections | Board | WITHHOLD | 1 | |
| Vital Farms, Inc. | June 11, 2025 | To elect the three nominees named in the attached proxy statement as directors to serve on the Board of Directors for a three-year term: Glenda Flanagan | Director Elections | Board | WITHHOLD | 1 | |
| Vitasoy International Holdings Limited | August 19, 2024 | Authority to Issue Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Vitasoy International Holdings Limited | August 19, 2024 | Authority to Issue Shares w/o Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Voltas Limited | July 10, 2024 | Approve Revision in Terms of Remuneration to Pradeep Kumar Bakshi as Managing Director and CEO | Compensation | Board | AGAINST | 1 | |
| Volvo AB | April 2, 2025 | Elect Par Boman | Director Elections | Board | AGAINST | 1 | |
| Volvo AB | April 2, 2025 | Elect Par Boman as Board Chair | Director Elections | Board | AGAINST | 1 | |
| Volvo AB | April 2, 2025 | Reelect Helena Stjernholm as Director | Director Elections | Board | AGAINST | 1 | |
| Volvo AB | April 2, 2025 | Reelect Par Boman as Director | Director Elections | Board | AGAINST | 1 | |
| Volvo AB | April 2, 2025 | Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Vonovia SE | May 28, 2025 | Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Vulcan Materials Company | May 9, 2025 | Election of Directors: David P. Steiner | Director Elections | Board | AGAINST | 1 | |
| WAVE Life Sciences Ltd. | August 6, 2024 | Election of Directors: Christian Henry | Director Elections | Board | AGAINST | 1 | |
| WAVE Life Sciences Ltd. | August 6, 2024 | Election of Directors: Ken Takanashi | Director Elections | Board | AGAINST | 1 | |
| WEG SA | April 29, 2025 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 1 | |
| WELCIA HOLDINGS CO., LTD. | May 27, 2025 | Elect Hideaki Kirisawa | Director Elections | Board | AGAINST | 1 | |
| WELCIA HOLDINGS CO., LTD. | May 27, 2025 | Elect Junichi Tanaka | Director Elections | Board | AGAINST | 1 | |
| WELCIA HOLDINGS CO., LTD. | May 27, 2025 | Elect Koji Takahashi | Director Elections | Board | AGAINST | 1 | |
| WELCIA HOLDINGS CO., LTD. | May 27, 2025 | Elect Motoya Okada | Director Elections | Board | AGAINST | 1 | |
| WELCIA HOLDINGS CO., LTD. | May 27, 2025 | Elect Takamune Shibazaki | Director Elections | Board | AGAINST | 1 | |
| WUS Printed Circuit (Kunshan) Co., Ltd. | September 10, 2024 | Approve Authorization of the Board to Handle All Related Matters of the Stock Option Incentive Plan | Compensation | Board | AGAINST | 1 | |
| WUS Printed Circuit (Kunshan) Co., Ltd. | September 10, 2024 | Approve Draft and Summary of Stock Option Incentive Plan | Compensation | Board | AGAINST | 1 | |
| WUS Printed Circuit (Kunshan) Co., Ltd. | September 10, 2024 | Approve the Implementation and Assessment Management Measures for the Stock Option Incentive Plan | Compensation | Board | AGAINST | 1 | |
| WUS Printed Circuit (Kunshan) Co., Ltd. | December 9, 2024 | Elect Chen Meifang as Director | Director Elections | Board | AGAINST | 1 | |
| WUS Printed Circuit (Kunshan) Co., Ltd. | December 9, 2024 | Elect Guo Xiuluan as Supervisor | Compensation | Board | AGAINST | 1 | |
| WUS Printed Circuit (Kunshan) Co., Ltd. | December 9, 2024 | Elect Wu Chuanlin as Director | Director Elections | Board | AGAINST | 1 | |
| Want Want China Holdings Limited | August 27, 2024 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Want Want China Holdings Limited | August 27, 2024 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Warner Bros. Discovery, Inc. | June 2, 2025 | To vote on an advisory resolution to approve the 2024 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote. | Say-on-Pay | Board | AGAINST | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: David A. Dunbar | Director Elections | Board | WITHHOLD | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: Joseph W. Reitmeier | Director Elections | Board | WITHHOLD | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: Kenneth Napolitano | Director Elections | Board | WITHHOLD | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: Louise K. Goeser | Director Elections | Board | WITHHOLD | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: Merilee Raines | Director Elections | Board | WITHHOLD | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: Michael J. Dubose | Director Elections | Board | WITHHOLD | 1 | |
| Watts Water Technologies, Inc. | May 21, 2025 | Election of directors: Rebecca J. Boll | Director Elections | Board | WITHHOLD | 1 | |
| West Japan Railway Co. | June 18, 2025 | Elect Director Hasegawa, Kazuaki | Director Elections | Board | AGAINST | 1 | |
| West Japan Railway Co. | June 18, 2025 | Elect Director Kurasaka, Shoji | Director Elections | Board | AGAINST | 1 | |
| Western Forest Products Inc. | May 7, 2025 | Elect Director Noordin Nanji | Director Elections | Board | AGAINST | 1 | |
| Whitestone REIT | May 15, 2025 | To approve an amendment to the 2018 Long-Term Equity Incentive Ownership Plan. | Compensation | Board | AGAINST | 1 | |
| Wihlborgs Fastigheter AB | April 29, 2025 | Reelect Anders Jarl (Chair) as Director | Director Elections | Board | AGAINST | 1 | |
| Wihlborgs Fastigheter AB | April 29, 2025 | Reelect Jan Litborn as Director | Director Elections | Board | AGAINST | 1 | |
| Wihlborgs Fastigheter AB | April 29, 2025 | Reelect Lennart Mauritzon as Director | Director Elections | Board | AGAINST | 1 | |
| Wilmar International Limited | April 22, 2025 | Approve Grant of Options and Issuance of Shares Under the Wilmar Executives Share Option Scheme 2019 | Compensation | Board | AGAINST | 1 | |
| Wise Plc | September 18, 2024 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Woodside Energy Group Limited | May 8, 2025 | Re-elect Ann D. Pickard | Director Elections | Board | AGAINST | 1 | |
| Woolworths Group Limited | October 31, 2024 | Approve Conditional Spill Resolution | Compensation | Board | AGAINST | 1 | |
| Woolworths Group Limited | October 31, 2024 | Elect Maxine Brenner as Director | Director Elections | Board | AGAINST | 1 | |
| Workday, Inc. | June 4, 2025 | Election of Class I Director: Michael M. McNamara | Director Elections | Board | AGAINST | 1 | |
| Workiva Inc. | May 29, 2025 | Election of Directors: Suku Radia | Director Elections | Board | WITHHOLD | 1 | |
| Wyndham Hotels & Resorts, Inc. | May 15, 2025 | Election of Directors: Myra J. Biblowit | Director Elections | Board | AGAINST | 1 | |
| Xcel Energy Inc. | May 21, 2025 | Election of Directors: Charles Pardee | Director Elections | Board | AGAINST | 1 | |
| Xcel Energy Inc. | May 21, 2025 | Election of Directors: Richard O Brien | Director Elections | Board | AGAINST | 1 | |
| Xcel Energy Inc. | May 21, 2025 | Election of Directors: Richard O'Brien | Director Elections | Board | AGAINST | 1 | |
| Xencor, Inc. | June 12, 2025 | To approve the proposed amendment and restatement of the Company's 2023 Equity Incentive Plan to increase the number of authorized shares reserved for issuance thereunder by 3,000,000 shares; | Compensation | Board | AGAINST | 1 | |
| Xenia Hotels & Resorts, Inc. | May 13, 2025 | To approve an amendment to the 2015 Incentive Award Plan to increase the number of shares that may be issued thereunder. | Compensation | Board | AGAINST | 1 | |
| Xero Limited | August 22, 2024 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Xiaomi Corporation | June 5, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Xiaomi Corporation | June 5, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Xperi Inc. | April 25, 2025 | Election of Directors: David C. Habiger | Director Elections | Board | AGAINST | 1 | |
| Xylem Inc. | May 13, 2025 | Election of nine members of the Xylem Inc. Board of Directors: Jerome A. Peribere | Director Elections | Board | AGAINST | 1 | |
| YASKAWA Electric Corp. | May 28, 2025 | Elect Director Ogasawara, Hiroshi | Director Elections | Board | AGAINST | 1 | |
| YASKAWA Electric Corp. | May 28, 2025 | Elect Director Ogawa, Masahiro | Director Elections | Board | AGAINST | 1 | |
| YETI Holdings, Inc. | May 1, 2025 | Election of three Class I directors: Elizabeth L. Axelrod | Director Elections | Board | WITHHOLD | 1 | |
| Yadea Group Holdings Ltd. | June 17, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Yadea Group Holdings Ltd. | June 17, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Yakult Honsha Co., Ltd. | June 25, 2025 | Elect Director Narita, Hiroshi | Director Elections | Board | AGAINST | 1 | |
| Yamaha Motor Co., Ltd. | March 25, 2025 | Elect Director Shitara, Motofumi | Director Elections | Board | AGAINST | 1 | |
| Yamaha Motor Co., Ltd. | March 25, 2025 | Elect Director Watanabe, Katsuaki | Director Elections | Board | AGAINST | 1 | |
| Yamazaki Baking Co., Ltd. | March 28, 2025 | Approve Director Retirement Bonus | Compensation | Board | AGAINST | 1 | |
| Yamazaki Baking Co., Ltd. | March 28, 2025 | Elect Director Iijima, Nobuhiro | Director Elections | Board | AGAINST | 1 | |
| Yangzijiang Shipbuilding (Holdings) Ltd. | April 29, 2025 | Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Yangzijiang Shipbuilding (Holdings) Ltd. | April 29, 2025 | Elect Poh Boon Hu Raymond as Director | Director Elections | Board | AGAINST | 1 | |
| Yara International ASA | May 28, 2025 | Approve Remuneration Statement | Compensation | Board | AGAINST | 1 | |
| Yara International ASA | May 28, 2025 | Reelect Harald Lauritz Thorstein as Director | Director Elections | Board | AGAINST | 1 | |
| Yue Yuen Industrial (Holdings) Limited | May 23, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Yue Yuen Industrial (Holdings) Limited | May 23, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| ZOZO, Inc. | June 26, 2025 | Elect Director and Audit Committee Member Utsunomiya, Junko | Director Elections | Board | AGAINST | 1 | |
| Zensho Holdings Co., Ltd. | June 27, 2025 | Elect Director and Audit Committee Member Watanabe, Hideo | Director Elections | Board | AGAINST | 1 | |
| Zhuzhou CRRC Times Electric Co., Ltd. | June 27, 2025 | Approve Grant of General Mandate to the Board for Issuance of Additional A Shares and H Shares | Capital Structure | Board | AGAINST | 1 | |
| Zoom Communications, Inc. | June 12, 2025 | Approve, on an advisory non-binding basis, the compensation of our named executive officers as disclosed in our proxy statement. | Say-on-Pay | Board | AGAINST | 1 | |
| Zurn Elkay Water Solutions Corporation | May 1, 2025 | Advisory vote to approve the compensation of Zurn Elkay's named executive officers, as disclosed in "Compensation Discussion and Analysis" and "Executive Compensation" in the Proxy Statement. | Say-on-Pay | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.