Home › Asset managers › Vanguard › 2024-2025 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Vanguard 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
6,072 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 | Vanguard voted | Funds |
|---|---|---|---|---|---|---|---|
| STADLER RAIL AG | May 7, 2025 | Reelect Peter Spuhler as Board Chair | Director Elections | Board | AGAINST | 5 | |
| STADLER RAIL AG | May 7, 2025 | Reelect Peter Spuhler as Director | Director Elections | Board | AGAINST | 5 | |
| STARZEN CO. LTD. | June 27, 2025 | Elect Director Yokota, Kazuhiko | Director Elections | Board | AGAINST | 5 | |
| STUDIO DRAGON CORP. | March 27, 2025 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| SUBARU CORP. | June 25, 2025 | Appoint Statutory Auditor Shoji, Jinya | Compensation | Board | AGAINST | 5 | |
| SUEDZUCKER AG | July 18, 2024 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| SUMITOMO HEAVY INDUSTRIES LTD. | March 28, 2025 | Elect Director Shimomura, Shinji | Director Elections | Board | AGAINST | 5 | |
| SUMITOMO METAL MINING CO. LTD. | June 26, 2025 | Appoint Statutory Auditor Matsushita, Hirohiko | Compensation | Board | AGAINST | 5 | |
| SUMITOMO PHARMA CO. LTD. | June 26, 2025 | Elect Director Kimura, Toru | Director Elections | Board | AGAINST | 5 | |
| SUMITOMO RIKO CO. LTD. | June 19, 2025 | Elect Director Shimizu, Kazushi | Director Elections | Board | AGAINST | 5 | |
| SUNAC CHINA HOLDINGS LTD. | June 30, 2025 | Elect Ma Lishan as Director | Director Elections | Board | AGAINST | 5 | |
| SUNAC CHINA HOLDINGS LTD. | June 30, 2025 | Elect Wang Mengde as Director | Director Elections | Board | AGAINST | 5 | |
| SUNCORP | June 24, 2025 | Approve Trust-Type Equity Compensation Plan | Compensation | Board | AGAINST | 5 | |
| SUNCORP | June 24, 2025 | Elect Director Lisa Hammitt | Director Elections | Board | AGAINST | 5 | |
| SUNEVISION HOLDINGS LTD. | November 1, 2024 | Elect Li On-kwok, Victor as Director | Director Elections | Board | AGAINST | 5 | |
| SUNGWOO HITECH CO. LTD. | March 28, 2025 | Elect Lee Jeong-su as Outside Director to Serve as an Audit Committee Member | Director Elections | Board | AGAINST | 5 | |
| SUNING UNIVERSAL CO. LTD. | May 26, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| SUNTORY BEVERAGE & FOOD LTD. | March 26, 2025 | Elect Director Ono, Makiko | Director Elections | Board | AGAINST | 5 | |
| SUZANO SA | April 25, 2025 | Elect Luiz Augusto Marques Paes as Fiscal Council Member and Luciano Douglas Colauto as Alternate | Compensation | Board | ABSTAIN | 5 | |
| SUZANO SA | April 25, 2025 | Elect Rubens Barletta as Fiscal Council Member and Roberto Figueiredo Mello as Alternate | Compensation | Board | ABSTAIN | 5 | |
| SUZHOU NEW DISTRICT HI-TECH INDUSTRIAL CO. LTD. | March 26, 2025 | Approve Investment in Suzhou Port and Shipping Investment Development Group Co., Ltd. Using Equity of Sinotrans High-Tech Logistics (Suzhou) Co., Ltd. | Extraordinary Transactions | Board | AGAINST | 5 | |
| SUZHOU NEW DISTRICT HI-TECH INDUSTRIAL CO. LTD. | May 16, 2025 | Approve Financial Assistance Provision | Capital Structure | Board | AGAINST | 5 | |
| SUZHOU NEW DISTRICT HI-TECH INDUSTRIAL CO. LTD. | May 16, 2025 | Approve Provision of Financing Guarantee | Capital Structure | Board | AGAINST | 5 | |
| SVENSKA CELLULOSA AB SCA | April 4, 2025 | Reelect Asa Bergman as Director | Director Elections | Board | AGAINST | 5 | |
| SVITZER GROUP A/S | April 10, 2025 | Amend Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Approve Fixed Remuneration of Executive Committee in the Amount of CHF 5.7 Million | Compensation | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Approve Fixed Remuneration of Executive Directors in the Amount of CHF 3.1 Million | Compensation | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Approve Variable Remuneration of Executive Committee in the Amount of CHF 8.4 Million | Compensation | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Approve Variable Remuneration of Executive Directors in the Amount of CHF 6.9 Million | Compensation | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reappoint Daniela Aeschlimann as Member of the Compensation Committee | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reappoint Georges Hayek as Member of the Compensation Committee | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reappoint Marc Hayek as Member of the Compensation Committee | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reappoint Nayla Hayek as Member of the Compensation Committee | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reelect Daniela Aeschlimann as Director | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reelect Georges Hayek as Director | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reelect Marc Hayek as Director | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reelect Nayla Hayek as Board Chair | Director Elections | Board | AGAINST | 5 | |
| SWATCH GROUP AG | May 21, 2025 | Reelect Nayla Hayek as Director | Director Elections | Board | AGAINST | 5 | |
| SWISSQUOTE GROUP HOLDING LTD. | May 8, 2025 | Reappoint Paolo Buzzi as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 5 | |
| SWISSQUOTE GROUP HOLDING LTD. | May 8, 2025 | Reelect Paolo Buzzi as Director | Director Elections | Board | AGAINST | 5 | |
| SYENSQO NV | May 6, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| SYNOPEX INC. | March 26, 2025 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| SYRAH RESOURCES LTD. | May 23, 2025 | Approve Issuance of Share Rights Under the Non-Executive Director Share Rights Plan to James Askew | Compensation | Board | AGAINST | 5 | |
| SYRAH RESOURCES LTD. | May 23, 2025 | Approve the Spill Resolution | Compensation | Board | AGAINST | 5 | |
| TABCORP HOLDINGS LTD. | October 23, 2024 | Approve Spill Meeting Resolution | Compensation | Board | AGAINST | 5 | |
| TADANO LTD. | March 27, 2025 | Approve Cash Compensation Ceiling for Directors and Restricted Stock Plan | Compensation | Board | AGAINST | 5 | |
| TAEKWANG INDUSTRIAL CO. LTD. | March 28, 2025 | Approve Terms of Retirement Pay | Compensation | Board | AGAINST | 5 | |
| TAIHEIYO CEMENT CORP. | June 27, 2025 | Appoint Statutory Auditor Nemoto, Yusuke | Compensation | Board | AGAINST | 5 | |
| TAIHEIYO CEMENT CORP. | June 27, 2025 | Elect Director Fushihara, Masafumi | Director Elections | Board | AGAINST | 5 | |
| TAIHO KOGYO CO. LTD. | June 19, 2025 | Appoint Statutory Auditor Ashihara, Katsuhiro | Compensation | Board | AGAINST | 5 | |
| TAIHO KOGYO CO. LTD. | June 19, 2025 | Elect Director Niimi, Toshio | Director Elections | Board | AGAINST | 5 | |
| TAIKISHA LTD. | June 26, 2025 | Appoint Statutory Auditor Sato, Yasuhiro | Compensation | Board | AGAINST | 5 | |
| TAKAOKA TOKO CO. LTD. | June 27, 2025 | Elect Director Ichinose, Takashi | Director Elections | Board | AGAINST | 5 | |
| TAKARA BIO INC. | June 24, 2025 | Elect Director Nakao, Koichi | Director Elections | Board | AGAINST | 5 | |
| TAKASAGO INTERNATIONAL CORP. | June 25, 2025 | Appoint Statutory Auditor Isono, Hirokazu | Compensation | Board | AGAINST | 5 | |
| TAKI CHEMICAL CO. LTD. | March 27, 2025 | Elect Director Taki, Katsuhiko | Director Elections | Board | AGAINST | 5 | |
| TAKUMA CO. LTD. | June 25, 2025 | Elect Director Hamada, Kunio | Director Elections | Board | AGAINST | 5 | |
| TAMA HOME CO. LTD. | August 28, 2024 | Elect Director Tamaki, Shinya | Director Elections | Board | AGAINST | 5 | |
| TAMURA CORP. | June 26, 2025 | Elect Director Nakamura, Mitsutaka | Director Elections | Board | AGAINST | 5 | |
| TAMURA CORP. | June 26, 2025 | Elect Director and Audit Committee Member Toyoda, Akiko | Director Elections | Board | AGAINST | 5 | |
| TAMURA CORP. | June 26, 2025 | Elect Director and Audit Committee Member Yokoyama, Yuji | Director Elections | Board | AGAINST | 5 | |
| TAYCA CORP. | June 25, 2025 | Elect Director Idei, Shunji | Director Elections | Board | AGAINST | 5 | |
| TAYCA CORP. | June 25, 2025 | Elect Director and Audit Committee Member Inoue, Tsuyoshi | Director Elections | Board | AGAINST | 5 | |
| TAYCA CORP. | June 25, 2025 | Elect Director and Audit Committee Member Kojima, Reiko | Director Elections | Board | AGAINST | 5 | |
| TAYCA CORP. | June 25, 2025 | Elect Director and Audit Committee Member Nakatsuka, Yasuyuki | Director Elections | Board | AGAINST | 5 | |
| TBS HOLDINGS INC. | June 27, 2025 | Elect Director Abe, Ryujiro | Director Elections | Board | AGAINST | 5 | |
| TBS HOLDINGS INC. | June 27, 2025 | Elect Director Sasaki, Takashi | Director Elections | Board | AGAINST | 5 | |
| TCL TECHNOLOGY GROUP CORP. | May 20, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| TDC SOFT INC. | June 27, 2025 | Appoint Statutory Auditor Nozaki, Satoshi | Compensation | Board | AGAINST | 5 | |
| TECHNOGYM SPA | May 7, 2025 | Approve Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| TECHNOGYM SPA | May 7, 2025 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 5 | |
| TECHWING INC. | March 25, 2025 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| TECO ELECTRIC & MACHINERY CO. LTD. | June 3, 2025 | Amend Procedures for Endorsement and Guarantees | Extraordinary Transactions | Board | AGAINST | 5 | |
| TEKKEN CORP. | June 26, 2025 | Appoint Statutory Auditor Kanamori, Akihiko | Compensation | Board | AGAINST | 5 | |
| TEKKEN CORP. | June 26, 2025 | Appoint Statutory Auditor Tsurumaki, Atsunori | Compensation | Board | AGAINST | 5 | |
| TELECOM ITALIA SPA | June 24, 2025 | Amend 2022-2024 Stock Options Plan | Compensation | Board | AGAINST | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Andrea Capelo Pinheiro as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Christian Mauad Gebara as Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Cristina Presz Palmaka de Luca as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Denise Soares dos Santos as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Eduardo Navarro de Carvalho as Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Francisco Javier de Paz Mancho as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Gregorio Martinez Garrido as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Ignacio Maria Moreno Martinez as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Jordi Gual Sole as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Marc Xirau Trias as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Percentage of Votes to Be Assigned - Elect Solange Sobral Targa as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| TELEFONICA BRASIL SA | April 25, 2025 | Re-Ratify Remuneration of Company's Management and Fiscal Council for 2024 | Compensation | Board | AGAINST | 5 | |
| TELEVISION FRANCAISE 1 SA | April 17, 2025 | Approve Compensation of Rodolphe Belmer, Chairman and CEO | Compensation | Board | AGAINST | 5 | |
| TENARIS SA | May 6, 2025 | Amend Articles to Reflect Changes in Capital | Capital Structure | Board | AGAINST | 5 | |
| TENARIS SA | May 6, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| TENARIS SA | May 6, 2025 | Approve Renewal of Authorized Share Capital and Related Authorizations and Waivers | Capital Structure | Board | AGAINST | 5 | |
| TENARIS SA | May 6, 2025 | Elect Directors (Bundled) | Director Elections | Board | AGAINST | 5 | |
| TENMA CORP. | June 25, 2025 | Elect Director Hirono, Hirohiko | Director Elections | Board | AGAINST | 5 | |
| TENMA CORP. | June 25, 2025 | Elect Director and Audit Committee Member Goto, Hirotaka | Director Elections | Board | AGAINST | 5 | |
| TENMA CORP. | June 25, 2025 | Elect Director and Audit Committee Member Hara, Kazuhiko | Director Elections | Board | AGAINST | 5 | |
| TERRAFINA | August 30, 2024 | Amend Terms of Placement Program Authorized by Mexican Securities Regulator by Letter Number 153/3431/2024 Dated July 15, 2024; Increase Maximum Amount for Issues under Program, Issuance of Additional CBFIs and/or Long-Term Trust Certificates (Cebures) | Capital Structure | Board | AGAINST | 5 | |
| TERVEYSTALO OYJ | April 8, 2025 | Approve Remuneration Policy And Other Terms of Employment For Executive Management | Compensation | Board | AGAINST | 5 | |
| TES CO. LTD. | March 24, 2025 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 |
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Built November 1, 2026 from SEC Form N-PX filings.