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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
Banca Monte dei Paschi di Siena SpA 2026-04-15 Slate 3 Submitted by PLT Holding Srl and PLT SpA Director Elections Board AGAINST 7
Banca Transilvania SA 2026-04-28 Approve Remuneration Report Compensation Board AGAINST 7
Banca Transilvania SA 2026-04-28 Approve Share Repurchase Program to Implement Stock Option Plan Compensation Board AGAINST 7
Banca Transilvania SA 2026-04-28 Elect Fratila Constantin as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Elisa Corghi as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Giorgio Mion as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Manuela Soffientini as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Marco Bragadin as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Milena Teresa Motta as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Pietro Grassano as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Savino Casamassima as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Elect Teresa Naddeo as Director Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Slate 1 Submitted by Delfinances SAS Audit-related Board AGAINST 7
Banco BPM SpA 2026-04-16 Slate 2 Submitted by Delfinances SAS Director Elections Board AGAINST 7
Banco BPM SpA 2026-04-16 Slate 3 Submitted by Dario, Ezio, Franco, Francesca, Paola, and Pierangelo Tommasi Audit-related Board AGAINST 7
Banco BPM SpA 2026-04-16 Slate 3 Submitted by Institutional Investors (Assogestioni) Director Elections Board AGAINST 7
Banco Itau Chile 2026-04-09 Elect Directors Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Hernan Buchi Buc as Director Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Jean-Paul Luksic Fontbona as Director Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Julio Figueroa as Director Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Oscar Hasbun Martinez as Director Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Pablo Granifo Lavin as Director Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Patricio Jottar Nasrallah as Director Director Elections Board AGAINST 7
Banco de Chile SA 2026-03-26 Elect Vivianne Caumont as Director Director Elections Board AGAINST 7
Banco de Credito e Inversiones SA 2026-04-09 Elect Susana Jimenez Schuster as Director Director Elections Board AGAINST 7
Banco del Bajio SA, Institucion de Banca Multiple 2026-04-29 Elect and/or Ratify Salvador Onate Barron as Board Chair Director Elections Board AGAINST 7
Banco del Bajio SA, Institucion de Banca Multiple 2026-04-29 Elect and/or Ratify Salvador Onate Barron as Director Director Elections Board AGAINST 7
Banco do Brasil SA 2026-04-29 Authorize Alienation of Treasury Shares (BBAS3) to Certain Bank's Subsidiaries for the Purpose of Enabling Those Subsidiaries to Pay the Equity Portion of the Annual Variable Compensation of Their Administrators Compensation Board AGAINST 7
Banco do Brasil SA 2026-04-29 Authorize Alienation of Treasury Shares (BBAS3) to Enable the Granting of Employee Incentives under Incentive Programs Regulated by the Bank Compensation Board AGAINST 7
Bank Polska Kasa Opieki SA 2026-05-28 Approve Remuneration Report Compensation Board AGAINST 7
Bank Polska Kasa Opieki SA 2026-05-28 Elect Supervisory Board Member Director Elections Board AGAINST 7
Bank Polska Kasa Opieki SA 2026-05-28 Recall Supervisory Board Member Director Elections Board AGAINST 7
Bank of Baroda 2026-06-23 Approve Reappointment and Remuneration of Lalit Tyagi as Executive Director Compensation Board AGAINST 7
Bank of Baroda 2026-06-23 Approve Reappointment and Remuneration of Sanjay Vinayak Mudaliar as Executive Director Compensation Board AGAINST 7
Bank of Baroda 2026-06-23 Elect Ashish Madhaorao More as Director Director Elections Board AGAINST 7
Bank of Queensland Limited 2025-12-02 Elect Stephen Mayne as Director Director Elections Board AGAINST 7
Bank of Shanghai Co., Ltd. 2025-08-08 Approve Adjustment of the Authorization of the General Meeting of Shareholders to the Board of Directors for the Issuance of Financial Bonds Capital Structure Board AGAINST 7
Bank of Shanghai Co., Ltd. 2025-12-26 Amend Remuneration Management System for Directors Compensation Board AGAINST 7
Bid Corp. Ltd. 2025-10-30 Re-elect Brian Joffe as Director Director Elections Board AGAINST 7
Birkenstock Holding Plc 2026-04-29 Elect Director Alexandre Arnault Director Elections Board AGAINST 7
Birkenstock Holding Plc 2026-04-29 Elect Director Oliver Reichert Director Elections Board AGAINST 7
Borouge Plc 2026-04-07 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 7
Borouge Plc 2026-06-26 Approve Board's Recommendation Regarding the Appointment of KPMG as Company's Auditors effective from the Second Quarter of the Current Financial Year 2026 Audit-related Board AGAINST 7
Brembo NV 2026-04-29 Approve Remuneration Policy Compensation Board AGAINST 7
Brembo NV 2026-04-29 Approve Remuneration Report Compensation Board AGAINST 7
Buzzi SpA 2026-05-13 Approve Remuneration Policy Compensation Board AGAINST 7
Buzzi SpA 2026-05-13 Slate 1 Submitted by Presa SpA and Fimedi SpA Audit-related Board AGAINST 7
CA Immobilien Anlagen AG 2026-05-06 Approve Remuneration Report Compensation Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION. Compensation Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Bonnie S. Biumi Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Courtney R. Mather Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: David P. Tomick Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Frank J. Fahrenkopf Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Gary L. Carano Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Jan Jones Blackhurst Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Michael E. Pegram Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 Election of Director: Thomas R. Reeg Director Elections Board AGAINST 7
CAESARS ENTERTAINMENT, INC. 2026-06-09 RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE YEAR ENDING DECEMBER 31, 2026. Audit-related Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 Election of Director: Adebayo O. Ogunlesi Director Elections Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 Election of Director: Anthony S. Thornley Director Elections Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 Election of Director: Bavan M. Holloway Director Elections Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 Election of Director: John F. Lundgren Director Elections Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 Election of Director: Russell L. Fleischer Director Elections Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 Election of Director: Thomas G. Dundon Director Elections Board AGAINST 7
CALLAWAY GOLF COMPANY 2026-05-21 To ratify, on an advisory basis, the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 Audit-related Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Advisory approval of executive compensation. Compensation Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Election of Director: Deborah J. Kissire Director Elections Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Election of Director: Edward G. Galante Director Elections Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Election of Director: Kathryn M. Hill Director Elections Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Election of Director: Kim K.W. Rucker Director Elections Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Election of Director: Michael Koenig Director Elections Board AGAINST 7
CELANESE CORPORATION 2026-04-16 Ratification of the selection of KPMG LLP as our independent registered public accounting firm for 2026. Audit-related Board AGAINST 7
CHARLES RIVER LABORATORIES INTL., INC. 2026-05-05 2026 Long-Term Incentive Plan Compensation Board AGAINST 7
CHARLES RIVER LABORATORIES INTL., INC. 2026-05-05 Election of Director: Craig B. Thompson Director Elections Board AGAINST 7
CHENIERE ENERGY, INC. 2026-05-14 Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2025. Compensation Board AGAINST 7
CHOICE HOTELS INTERNATIONAL, INC. 2026-05-21 Election of Director: Gordon A. Smith Director Elections Board AGAINST 7
CHURCHILL DOWNS INCORPORATED 2026-04-21 To approve, on a non-binding advisory basis, the Company's executive compensation as disclosed in the proxy statement. Compensation Board AGAINST 7
CINEMARK HOLDINGS, INC. 2026-05-14 Advisory vote to approve compensation of named executive officers. Compensation Board AGAINST 7
CINEMARK HOLDINGS, INC. 2026-05-14 Election of Class I Director for a term that expires in 2029: Enrique Senior Director Elections Board ABSTAIN 7
CINEMARK HOLDINGS, INC. 2026-05-14 Election of Class I Director for a term that expires in 2029: Nancy Loewe Director Elections Board ABSTAIN 7
CINEMARK HOLDINGS, INC. 2026-05-14 Election of Class I Director for a term that expires in 2029: Nina Vaca Director Elections Board ABSTAIN 7
CINEMARK HOLDINGS, INC. 2026-05-14 Election of Class I Director for a term that expires in 2029: Steven Rosenberg Director Elections Board ABSTAIN 7
CLEARWAY ENERGY, INC. 2026-04-29 Elect Olivier Jouny Director Elections Board ABSTAIN 7
CLEARWAY ENERGY, INC. 2026-04-29 To ratify the appointment of PricewaterhouseCoopers LLP as Clearway Energy, Inc.'s independent registered public accounting firm for the 2026 fiscal year. Audit-related Board AGAINST 7
CLEVELAND-CLIFFS INC. 2026-05-14 Elect Directors: J.T. Baldwin Director Elections Board ABSTAIN 7
CLEVELAND-CLIFFS INC. 2026-05-14 Elect Directors: L. Goncalves Director Elections Board ABSTAIN 7
COGNEX CORPORATION 2026-04-29 Election of Director for a term ending in 2029: Angelos Papadimitriou Director Elections Board AGAINST 7
COGNEX CORPORATION 2026-04-29 Election of Director for a term ending in 2029: Christopher Donato Director Elections Board AGAINST 7
COGNEX CORPORATION 2026-04-29 Election of Director for a term ending in 2029: Matthew Moschner Director Elections Board AGAINST 7
COLUMBIA BANKING SYSTEM, INC. 2026-05-14 Election of Director: Elizabeth W. Seaton Director Elections Board AGAINST 7
COLUMBIA BANKING SYSTEM, INC. 2026-05-14 Election of Director: John F. Schultz Director Elections Board AGAINST 7
COLUMBIA BANKING SYSTEM, INC. 2026-05-14 Election of Director: M. Christian Mitchell Director Elections Board AGAINST 7
COLUMBIA BANKING SYSTEM, INC. 2026-05-14 Election of Director: Mark A. Finkelstein Director Elections Board AGAINST 7
COLUMBIA SPORTSWEAR COMPANY 2026-06-10 Elect Christiana Smith Shi Director Elections Board ABSTAIN 7
COLUMBIA SPORTSWEAR COMPANY 2026-06-10 Elect John W. Culver Director Elections Board ABSTAIN 7
COLUMBIA SPORTSWEAR COMPANY 2026-06-10 Elect Kevin Mansell Director Elections Board ABSTAIN 7
COLUMBIA SPORTSWEAR COMPANY 2026-06-10 Elect Sabrina L. Simmons Director Elections Board ABSTAIN 7
COLUMBIA SPORTSWEAR COMPANY 2026-06-10 To approve the Columbia Sportswear Company Amended and Restated 2020 Stock Incentive Plan. Compensation Board AGAINST 7
COMSYS Holdings Corp. 2026-06-26 Appoint Shareholder Director Nominee Okada, Masaharu Director Elections Board AGAINST 7
CORCEPT THERAPEUTICS INCORPORATED 2026-05-21 To approve an amendment to the Corcept Therapeutics Incorporated 2024 Incentive Award Plan to increase the number of shares available thereunder and clarify certain other language in the plan. Compensation Board AGAINST 7

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