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Vanguard 2024-2025: where it broke with 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. 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

6,066 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.

Vanguard, 2024-2025 proxy season. Who put a proposal on the ballot is taken from its N-PX category; see the method note on the overview page.
CompanyMeetingProposalCategory On the ballot fromVanguard votedFunds
METRO AG 2025-02-19 Approve Remuneration Report Compensation Board AGAINST 6
METRO AG 2025-02-19 Elect Eva-Lotta Sjostedt to the Supervisory Board Director Elections Board AGAINST 6
METRO AG 2025-02-19 Elect Marek Spurny to the Supervisory Board Director Elections Board AGAINST 6
METRO AG 2025-02-19 Elect Martin Plavec to the Supervisory Board Director Elections Board AGAINST 6
MFE-MEDIAFOREUROPE NV 2025-06-18 Approve Remuneration Report Compensation Board AGAINST 6
MITSUBISHI MOTORS CORP. 2025-06-19 Elect Director Inada, Hitoshi Director Elections Board AGAINST 6
MITSUBISHI MOTORS CORP. 2025-06-19 Elect Director Kato, Takao Director Elections Board AGAINST 6
MITSUBISHI MOTORS CORP. 2025-06-19 Elect Director Mike, Kanetsugu Director Elections Board AGAINST 6
MITSUBISHI MOTORS CORP. 2025-06-19 Elect Director Miyanaga, Shunichi Director Elections Board AGAINST 6
MITSUBISHI MOTORS CORP. 2025-06-19 Elect Director Tagawa, Joji Director Elections Board AGAINST 6
MITSUBISHI RESEARCH INSTITUTE INC. 2024-12-18 Elect Director Yabuta, Kenji Director Elections Board AGAINST 6
MIZUHO FINANCIAL GROUP INC. 2025-06-24 Elect Director Hirama, Hisaaki Director Elections Board AGAINST 6
MIZUHO LEASING CO. LTD. 2025-06-25 Appoint Statutory Auditor Otaka, Noboru Compensation Board AGAINST 6
NAGASE & CO. LTD. 2025-06-18 Appoint Statutory Auditor Yamauchi, Takanori Compensation Board AGAINST 6
NEMETSCHEK SE 2025-05-20 Approve Remuneration Report Compensation Board AGAINST 6
NEOWIZ 2025-03-27 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
NEXITY SA 2025-05-22 Elect Isabelle Didolla as Representative of Employee Shareholders to the Board Director Elections Board AGAINST 6
NEXITY SA 2025-05-22 Reelect Credit Mutuel Arkea as Director Director Elections Board AGAINST 6
NIPPON ELECTRIC GLASS CO. LTD. 2025-03-28 Appoint Statutory Auditor Narita, Toshiharu Compensation Board AGAINST 6
NIPPON KAYAKU CO. LTD. 2025-06-26 Appoint Statutory Auditor Saito, Nagafumi Compensation Board AGAINST 6
NIPPON SANSO HOLDINGS CORP. 2025-06-18 Appoint Statutory Auditor Shibata, Riki Compensation Board AGAINST 6
NIPPON SHOKUBAI CO. LTD. 2025-06-19 Appoint Statutory Auditor Tabata, Atsushi Compensation Board AGAINST 6
NIPPON SHOKUBAI CO. LTD. 2025-06-19 Elect Director Noda, Kazuhiro Director Elections Board AGAINST 6
NIPPON STEEL CORP. 2025-06-24 Approve Restricted Stock Plan Compensation Board AGAINST 6
NIPPON STEEL CORP. 2025-06-24 Elect Director Imai, Tadashi Director Elections Board AGAINST 6
NIPPON STEEL CORP. 2025-06-24 Introduce Clawback Provision for Representative Directors' Performance-based Compensation Scheme Compensation Board AGAINST 6
NISSAN CHEMICAL CORP. 2025-06-26 Appoint Statutory Auditor Kinugawa, Sachie Compensation Board AGAINST 6
NISSAN MOTOR CO. LTD. 2025-06-24 Amend Articles to Add Provision on Stock Price Linked Director Compensation Compensation Board AGAINST 6
NISSAN MOTOR CO. LTD. 2025-06-24 Approve Alternate Final Dividend of JPY 20 per Share Capital Structure Board AGAINST 6
NOJIMA CO. LTD. 2025-06-20 Elect Director Hatano, Hiroaki Director Elections Board AGAINST 6
NOJIMA CO. LTD. 2025-06-20 Elect Director Ishihara, Ayako Director Elections Board AGAINST 6
NOJIMA CO. LTD. 2025-06-20 Elect Director Kunii, Hirofumi Director Elections Board AGAINST 6
NOJIMA CO. LTD. 2025-06-20 Elect Director Nojima, Hiroshi Director Elections Board AGAINST 6
NOJIMA CO. LTD. 2025-06-20 Elect Director Nukumori, Hajime Director Elections Board AGAINST 6
NOJIMA CO. LTD. 2025-06-20 Elect Director Yamada, Ryuji Director Elections Board AGAINST 6
NORTHROP GRUMMAN CORP. 2025-05-21 Election of Directors: James S. Turley Director Elections Board AGAINST 6
NOS SGPS SA 2025-04-11 Amend Remuneration Policy Compensation Board AGAINST 6
NOS SGPS SA 2025-04-11 Elect Corporate Bodies for 2025-2027 Term Director Elections Board AGAINST 6
NP3 FASTIGHETER AB 2025-05-07 Approve Issuance of Up To 6.1 Million Oridnary Shares without Preemptive Rights; Approve Issuance of Up To 15 Million Preference Shares without Preemptive Rights Capital Structure Board AGAINST 6
NSK LTD. 2025-06-25 Elect Director Hayashi, Nobuhide Director Elections Board AGAINST 6
NSK LTD. 2025-06-25 Elect Director Suzuki, Keita Director Elections Board AGAINST 6
OKUMA CORP. (JAPAN) 2025-06-24 Appoint Statutory Auditor Nakamura, Akihiko Compensation Board AGAINST 6
OKUMA CORP. (JAPAN) 2025-06-24 Appoint Statutory Auditor Saigo, Kazuyuki Compensation Board AGAINST 6
ORGANO CORP. 2025-06-27 Elect Director Yamada, Masayuki Director Elections Board AGAINST 6
ORIENT OVERSEAS (INTERNATIONAL) LTD. 2025-05-27 Elect Wan Min as Director Director Elections Board AGAINST 6
ORLEN SA 2025-06-05 Amend Jan. 24, 2017, EGM, Resolution Re: Remuneration Policy for Management Board Members Compensation Board AGAINST 6
ORLEN SA 2025-06-05 Approve Remuneration Report Compensation Board AGAINST 6
ORLEN SA 2025-06-05 Approve Remuneration of Supervisory Board Members Compensation Board AGAINST 6
ORLEN SA 2025-06-05 Elect Supervisory Board Member Director Elections Board AGAINST 6
OTP BANK NYRT 2025-04-25 Approve Remuneration Policy and Authorize Supervisory Board to Define Remuneration Rules in Details Compensation Board AGAINST 6
OX2 AB 2024-10-11 Elect Xabier Etxeberria (Chair), Christoph Balzer, Paul Stormoen and Guillermo Garcia-Barrero as New Directors; Approve Dismissal of Existing Board Members Director Elections Board AGAINST 6
PAGSEGURO DIGITAL LTD. 2025-05-27 Elect Director Eduardo Alcaro Director Elections Board AGAINST 6
PAGSEGURO DIGITAL LTD. 2025-05-27 Elect Director Luis Frias Director Elections Board AGAINST 6
PAGSEGURO DIGITAL LTD. 2025-05-27 Elect Director Maria Judith de Brito Director Elections Board AGAINST 6
PANDOX AB 2025-04-09 Approve Remuneration Report Compensation Board AGAINST 6
PANDOX AB 2025-04-09 Reelect Christian Ringnes as Board Chair Director Elections Board AGAINST 6
PANDOX AB 2025-04-09 Reelect Christian Ringnes as Director Director Elections Board AGAINST 6
PANDOX AB 2025-04-09 Reelect Jakob Iqbal as Director Director Elections Board AGAINST 6
PCCW LTD. 2025-05-15 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 6
PCCW LTD. 2025-05-15 Elect Aman Mehta as Director Director Elections Board AGAINST 6
PCCW LTD. 2025-05-15 Elect Lars Eric Nils Rodert as Director Director Elections Board AGAINST 6
PCCW LTD. 2025-05-15 Elect Meng Shusen as Director Director Elections Board AGAINST 6
PERPETUAL LTD. 2024-10-17 Approve Remuneration Report Compensation Board AGAINST 6
PERPETUAL LTD. 2024-10-17 Elect Rodney Forrest as Director Director Elections Board AGAINST 6
PIRELLI & C. SPA 2025-06-12 Approve Remuneration Policy Compensation Board AGAINST 6
PIRELLI & C. SPA 2025-06-12 Approve Second Section of the Remuneration Report Compensation Board AGAINST 6
PIRELLI & C. SPA 2025-06-12 Approve Three-year Monetary Incentive Plan 2025-2027 Compensation Board AGAINST 6
PKO BANK POLSKI SA 2025-06-13 Amend Mar. 13, 2017, EGM, Resolution Re: Remuneration Policy for Management Board Members Compensation Board AGAINST 6
PKO BANK POLSKI SA 2025-06-13 Amend Mar. 13, 2017, EGM, Resolution Re: Remuneration Policy for Supervisory Board Members Compensation Board AGAINST 6
PKO BANK POLSKI SA 2025-06-13 Approve Remuneration Report Compensation Board AGAINST 6
PLATZER FASTIGHETER HOLDING AB 2025-03-19 Reelect Henrik Forsberg Schoultz as Board Chair Director Elections Board AGAINST 6
PLATZER FASTIGHETER HOLDING AB 2025-03-19 Reelect Henrik Forsberg Schoultz as Director Director Elections Board AGAINST 6
PLATZER FASTIGHETER HOLDING AB 2025-03-19 Reelect Maximilian Hobohm as Director Director Elections Board AGAINST 6
PLATZER FASTIGHETER HOLDING AB 2025-03-19 Reelect Ricard Robbstal as Director Director Elections Board AGAINST 6
PNE AG 2025-05-13 Approve Remuneration Policy Compensation Board AGAINST 6
PNE AG 2025-05-13 Approve Remuneration Report Compensation Board AGAINST 6
POLA ORBIS HOLDINGS INC. 2025-03-27 Approve Trust-Type Equity Compensation Plan Compensation Board AGAINST 6
POLY DEVELOPMENTS & HOLDINGS GROUP CO. LTD. 2025-06-09 Approve External Guarantee Capital Structure Board AGAINST 6
PORR AG 2025-04-29 Approve Remuneration Policy Compensation Board AGAINST 6
PORR AG 2025-04-29 Approve Remuneration Report Compensation Board AGAINST 6
PORR AG 2025-04-29 Elect Bernhard Vanas as Supervisory Board Member Director Elections Board AGAINST 6
PORR AG 2025-04-29 Elect Iris Ortner as Supervisory Board Member Director Elections Board AGAINST 6
PORR AG 2025-04-29 Elect Karl Pistotnik as Supervisory Board Member Director Elections Board AGAINST 6
PORR AG 2025-04-29 Elect Thomas Winischhofer as Supervisory Board Member Director Elections Board AGAINST 6
POSTE ITALIANE SPA 2025-05-30 Slate 1 Submitted by Ministry of Economy and Finance Audit-related Board AGAINST 6
POWER GRID CORPORATION OF INDIA LTD. 2024-08-22 Approve Appointment of Yatindra Dwivedi as Whole-Time Director [Director (Personnel)] Compensation Board AGAINST 6
POWER GRID CORPORATION OF INDIA LTD. 2024-08-22 Elect Lalit Bohra as Government Nominee Director Director Elections Board AGAINST 6
POWER GRID CORPORATION OF INDIA LTD. 2024-08-22 Reelect Ravisankar Ganesan as Director Director Elections Board AGAINST 6
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA 2024-12-09 Elect Supervisory Board Member Director Elections Board AGAINST 6
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA 2024-12-09 Recall Supervisory Board Member Director Elections Board AGAINST 6
POWSZECHNY ZAKLAD UBEZPIECZEN SA 2025-01-10 Elect Supervisory Board Member Director Elections Board AGAINST 6
POWSZECHNY ZAKLAD UBEZPIECZEN SA 2025-01-10 Recall Supervisory Board Member Director Elections Board AGAINST 6
POWSZECHNY ZAKLAD UBEZPIECZEN SA 2025-06-25 Amend Feb. 8, 2017, EGM, Resolution Re: Remuneration Policy for Members of Management Board Compensation Board AGAINST 6
POWSZECHNY ZAKLAD UBEZPIECZEN SA 2025-06-25 Approve Remuneration Report Compensation Board AGAINST 6
POWSZECHNY ZAKLAD UBEZPIECZEN SA 2025-06-25 Elect Supervisory Board Member Director Elections Board AGAINST 6
POWSZECHNY ZAKLAD UBEZPIECZEN SA 2025-06-25 Recall Supervisory Board Member Director Elections Board AGAINST 6
PT BANK MANDIRI (PERSERO) TBK 2025-03-25 Approve Changes in the Boards of the Company Director Elections Board AGAINST 6
PT BANK RAKYAT INDONESIA (PERSERO) TBK 2025-03-24 Approve Changes in the Boards of the Company Director Elections Board AGAINST 6
PT TELKOM INDONESIA (PERSERO) TBK 2025-05-27 Approve Changes in the Boards of the Company Director Elections Board AGAINST 6
QUZHOU XIN'AN DEVELOPMENT CO. LTD. 2024-12-12 Approve Provision of Guarantee Capital Structure Board AGAINST 6

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Built 2026-10-04 from SEC Form N-PX filings.