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Vanguard 2025-2026: 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

6,031 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, 2025-2026 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
MOHAWK INDUSTRIES, INC. 2026-05-21 Election of Director: Karen A. Smith Bogart Director Elections Board AGAINST 8
Merus N.V. 2025-12-09 Non-binding advisory proposal to approve certain compensation arrangements Say-on-Pay Board AGAINST 8
Mitsubishi UFJ Financial Group, Inc. 2026-06-26 Elect Director Kanie, Norio Director Elections Board AGAINST 8
Mitsubishi UFJ Financial Group, Inc. 2026-06-26 Elect Director Shimizu, Hiroshi Director Elections Board AGAINST 8
Mitsubishi UFJ Financial Group, Inc. 2026-06-26 Elect Director Yasuda, Takayuki Director Elections Board AGAINST 8
NEWELL BRANDS INC. 2026-05-07 Approve an advisory resolution on named executive officer compensation. Compensation Board AGAINST 8
NEWELL BRANDS INC. 2026-05-07 Approve the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 8
NEWELL BRANDS INC. 2026-05-07 Election of Director: Bridget Ryan Berman Director Elections Board AGAINST 8
NEWELL BRANDS INC. 2026-05-07 Election of Director: Gerardo I. Lopez Director Elections Board AGAINST 8
NEWELL BRANDS INC. 2026-05-07 Election of Director: Patrick D. Campbell Director Elections Board AGAINST 8
NORWEGIAN CRUISE LINE HOLDINGS LTD. 2026-06-11 Approval, on a non-binding, advisory basis, of the compensation of our named executive officers ("Say-on-Pay Vote") Compensation Board AGAINST 8
NRG ENERGY, INC. 2026-04-30 To approve the NRG Energy, Inc. 2026 Long-Term Incentive Plan. Compensation Board AGAINST 8
NTT, Inc. 2026-06-18 Approve Additional Special Dividend of JPY10 Capital Structure Board AGAINST 8
NTT, Inc. 2026-06-18 Approve Deep Discount Stock Option Plan Compensation Board AGAINST 8
NTT, Inc. 2026-06-18 Approve Reverse Stock Split Capital Structure Board AGAINST 8
Nabors Industries Ltd. 2026-06-02 Approval, on a non-binding, advisory basis, of the compensation paid by the Company to its named executive officers. Say-on-Pay Board AGAINST 8
Northrop Grumman Corporation 2026-05-20 Election of Directors Nominees: James S. Turley Director Elections Board AGAINST 8
Novo Nordisk A/S 2025-11-14 Elect Britt Meelby Jensen as New Director Director Elections Board ABSTAIN 8
Novo Nordisk A/S 2025-11-14 Elect Cees de Jong (Vice Chair) as New Director Director Elections Board ABSTAIN 8
Novo Nordisk A/S 2025-11-14 Elect Lars Rebien Sorensen (Chair) as New Director Director Elections Board ABSTAIN 8
Novo Nordisk A/S 2025-11-14 Elect Mikael Dolsten as New Director Director Elections Board ABSTAIN 8
Novo Nordisk A/S 2025-11-14 Elect Stephan Engels as New Director Director Elections Board ABSTAIN 8
OMNICOM GROUP INC. 2026-05-05 Ratification of the appointment of KPMG LLP as the Company's independent auditors for the 2026 fiscal year. Audit-related Board AGAINST 8
OTP Bank Nyrt 2026-04-17 Approve Remuneration Policy Compensation Board AGAINST 8
OUTsurance Group Ltd. 2025-11-25 Re-elect Jannie Durand as Director Director Elections Board AGAINST 8
Oracle Corp Japan 2025-08-22 Elect Director John L. Hall Director Elections Board AGAINST 8
Oracle Corp Japan 2025-08-22 Elect Director Kimberly Woolley Director Elections Board AGAINST 8
Oracle Corp Japan 2025-08-22 Elect Director Vincent S. Grelli Director Elections Board AGAINST 8
PAPA JOHN'S INTERNATIONAL, INC. 2026-04-30 Election of Director: Laurette T. Koellner Director Elections Board AGAINST 8
PAPA JOHN'S INTERNATIONAL, INC. 2026-04-30 Election of Director: Sonya E. Medina Director Elections Board AGAINST 8
PERRIGO COMPANY PLC 2026-04-30 To ratify, in a non-binding advisory vote, the appointment of Ernst & Young LLP as the Company's independent auditor, and authorize, in a binding vote, the Board of Directors, acting through the Audit Committee, to fix the remuneration of the auditor. Audit-related Board AGAINST 8
PKO Bank Polski SA 2025-08-25 Elect Supervisory Board Member Director Elections Board AGAINST 8
PKO Bank Polski SA 2025-08-25 Recall Supervisory Board Member Director Elections Board AGAINST 8
POOL CORPORATION 2026-04-29 Election of Director: James "Jim" D. Hope Director Elections Board AGAINST 8
POOL CORPORATION 2026-04-29 Election of Director: Martha "Marty" S. Gervasi Director Elections Board AGAINST 8
PT Bank Mandiri (Persero) Tbk 2025-12-19 Approve Changes in the Boards of the Company Director Elections Board AGAINST 8
PT Telkom Indonesia (Persero) Tbk 2026-06-08 Approve Changes in the Boards of the Company Director Elections Board AGAINST 8
Partners Group Holding AG 2026-05-20 Reappoint Flora Zhao as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 8
Partners Group Holding AG 2026-05-20 Reelect Flora Zhao as Director Director Elections Board AGAINST 8
Poly Developments & Holdings Group Co., Ltd. 2025-12-08 Amend Dividends Management System Capital Structure Board AGAINST 8
Power Grid Corporation of India Limited 2025-08-26 Elect Abhay Bakre as Director Director Elections Board AGAINST 8
Power Grid Corporation of India Limited 2025-08-26 Reelect Naveen Srivastava as Director Director Elections Board AGAINST 8
Power Grid Corporation of India Limited 2025-08-26 Reelect Yatindra Dwivedi as Director Director Elections Board AGAINST 8
Powszechny Zaklad Ubezpieczen SA 2025-12-23 Elect Supervisory Board Member Director Elections Board AGAINST 8
Powszechny Zaklad Ubezpieczen SA 2025-12-23 Recall Supervisory Board Member Director Elections Board AGAINST 8
Prologis Property Mexico SA de CV 2025-10-13 Ratify and Extend Resolutions Approved by Annual Ordinary Meeting of Holders Held on April 9, 2024 Re: Acquisition of up to 100 Percent of Real Estate Trust Certificates (CBFIs) of Terrafina Extraordinary Transactions Board AGAINST 8
REPLIGEN CORPORATION 2026-05-14 Election of Director: Konstantin Konstantinov, Ph.D. Director Elections Board AGAINST 8
RESMED INC. 2025-11-19 Approve the amendment and restatement of our 2018 Employee Stock Purchase Plan. Compensation Board AGAINST 8
ROCKET COMPANIES, INC. 2026-06-10 DIRECTOR Matthew Rizik Director Elections Board ABSTAIN 8
Ruentex Development Co., Ltd. 2026-05-20 Elect YIN, CHUNG YAO, a Representative of YINGJIA INVESTMENT CO., LTD. with SHAREHOLDER NO.246931 as Non-independent Director Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: Andrew C. Teich Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: Constance E. Skidmore Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: Daniel L. Black Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: John P. Absmeier Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: Lorraine A. Bolsinger Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: Martha N. Sullivan Director Elections Board AGAINST 8
SENSATA TECHNOLOGIES HOLDING PLC 2026-06-09 Election of Director: Stephen M. Zide Director Elections Board AGAINST 8
SHIFT4 PAYMENTS, INC. 2026-06-12 Approval of the Company's 2026 Employee Stock Purchase Plan. Compensation Board AGAINST 8
SHIFT4 PAYMENTS, INC. 2026-06-12 Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. Compensation Board AGAINST 8
SHIFT4 PAYMENTS, INC. 2026-06-12 Elect Jonathan S. Halkyard Director Elections Board ABSTAIN 8
SHIFT4 PAYMENTS, INC. 2026-06-12 Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 8
SKYWORKS SOLUTIONS, INC. 2026-05-13 Election of Director to serve until the 2027 Annual Meeting of Stockholders: Eric J. Guerin Director Elections Board AGAINST 8
SKYWORKS SOLUTIONS, INC. 2026-05-13 Election of Director to serve until the 2027 Annual Meeting of Stockholders: Suzanne E. McBride Director Elections Board AGAINST 8
SKYWORKS SOLUTIONS, INC. 2026-05-13 To approve the Company's 2026 Long-Term Incentive Plan. Compensation Board AGAINST 8
SKYWORKS SOLUTIONS, INC. 2026-05-13 To approve, on an advisory basis, the compensation of the Company's named executive officers, as described in the Company's Proxy Statement. Compensation Board AGAINST 8
SPROUTS FARMERS MARKET, INC. 2026-05-20 To vote on a non-binding advisory resolution to approve the compensation paid to our named executive officers for fiscal 2025 ("say-on-pay"). Compensation Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Approve the selection of Ernst & Young LLP as the Company's registered independent public accounting firm for fiscal year 2026. Audit-related Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Election of Director: Adrian V. Mitchell Director Elections Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Election of Director: Debra A. Crew Director Elections Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Election of Director: Donald Allan, Jr. Director Elections Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Election of Director: Jane M. Palmieri Director Elections Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Election of Director: Michael D. Hankin Director Elections Board AGAINST 8
STANLEY BLACK & DECKER, INC. 2026-04-24 Election of Director: Robert J. Manning Director Elections Board AGAINST 8
STEVEN MADDEN, LTD. 2026-05-20 To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 8
SYSCO CORPORATION 2025-11-14 Election of Director: Kevin P. Hourican Director Elections Board AGAINST 8
Securitas AB 2026-04-29 Reelect Jan Svensson (Chair), Asa Bergman, Fredrik Cappelen, Massimo Grassi, Sofia Schorling Hogberg, Johan Menckel and Jill D. Smith as Directors Director Elections Board AGAINST 8
Seino Holdings Co., Ltd. 2026-06-25 Elect Director Taguchi, Yoshitaka Director Elections Board AGAINST 8
Sodexo SA 2025-12-16 Approve Compensation of Sophie Bellon, Chairwoman and CEO Compensation Board AGAINST 8
SoftBank Corp. 2026-06-23 Appoint Statutory Auditor Naito, Takashi Compensation Board AGAINST 8
Sompo Holdings, Inc. 2026-06-22 Elect Director Hara, Shinichi Director Elections Board AGAINST 8
Sompo Holdings, Inc. 2026-06-22 Elect Director Higashi, Kazuhiro Director Elections Board AGAINST 8
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Amend Articles to Introduce Provision concerning Share Repurchase Policy Capital Structure Board AGAINST 8
Syensqo NV 2026-05-05 Approve Remuneration Report Compensation Board AGAINST 8
TELEDYNE TECHNOLOGIES INCORPORATED 2026-04-22 Approval of Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan Compensation Board AGAINST 8
TELEFLEX INCORPORATED 2026-05-15 Election of Director: Candace H. Duncan Director Elections Board AGAINST 8
TELEFLEX INCORPORATED 2026-05-15 Election of Director: Gretchen R. Haggerty Director Elections Board AGAINST 8
TELEFLEX INCORPORATED 2026-05-15 Election of Director: Stuart A. Randle Director Elections Board AGAINST 8
TELEFLEX INCORPORATED 2026-05-15 Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026. Audit-related Board AGAINST 8
THE GAP, INC. 2026-05-12 Election of Director: Mayo A. Shattuck III Director Elections Board AGAINST 8
THE GAP, INC. 2026-05-12 Election of Director: Robert J. Fisher Director Elections Board AGAINST 8
THE GAP, INC. 2026-05-12 Election of Director: William S. Fisher Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: Cheryl K. Beebe Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: David T. Seaton Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: Emery N. Koenig Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: Gregory L. Ebel Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: JoApoundso Roberto GonA alves Teixeira Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: Kelvin R. Westbrook Director Elections Board AGAINST 8
THE MOSAIC COMPANY 2026-05-28 Election of Director: Timothy S. Gitzel Director Elections Board AGAINST 8
THE WENDY'S COMPANY 2026-05-20 Approve an amendment to the Company's 2020 Omnibus Award Plan to increase the number of shares of common stock available for issuance under the plan. Compensation Board AGAINST 8
THE WENDY'S COMPANY 2026-05-20 Election of Director: Arthur B. Winkleblack Director Elections Board AGAINST 8

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