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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
EXOR NV 2026-05-20 Authorize Board to Exclude Preemptive Rights from Share Issuances Capital Structure Board AGAINST 7
EXOR NV 2026-05-20 Grant Board Authority to Issue Shares Capital Structure Board AGAINST 7
EXOR NV 2026-05-20 Reelect Axel Dumas as Non-Executive Director Director Elections Board AGAINST 7
El Puerto de Liverpool SAB de CV 2026-04-14 Ratify and/or Elect Directors and Shareholders Committee Members Director Elections Board AGAINST 7
Elan Corp. 2026-03-25 Elect Director Minezaki, Tomohiro Director Elections Board AGAINST 7
Elecom Co., Ltd. 2026-06-26 Elect Director Iwami, Koichi Director Elections Board AGAINST 7
Emirates Central Cooling Systems Corp. 2025-10-09 Elect Seven Members of the Board for the Next Three-Year Term 2025 to 2028 Director Elections Board AGAINST 7
Emirates Telecommunications Group Co. PJSC 2026-03-30 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 7
Emlak Konut Gayrimenkul Yatirim Ortakligi AS 2026-04-29 Approve Director Remuneration Compensation Board AGAINST 7
Emlak Konut Gayrimenkul Yatirim Ortakligi AS 2026-04-29 Elect Directors Director Elections Board AGAINST 7
Emmi AG 2026-04-09 Approve Variable Remuneration of Executive Committee in the Amount of CHF 1.3 Million Compensation Board AGAINST 7
Emmi AG 2026-04-09 Reappoint Thomas Grueter as Member of the Personnel and Compensation Committee Director Elections Board AGAINST 7
Emmi AG 2026-04-09 Reappoint Urs Riedener as Member of the Personnel and Compensation Committee Director Elections Board AGAINST 7
Emmi AG 2026-04-09 Reelect Hubert Muff as Director Director Elections Board AGAINST 7
Emmi AG 2026-04-09 Reelect Thomas Grueter as Director Director Elections Board AGAINST 7
Emmi AG 2026-04-09 Reelect Urs Riedener as Director and Board Chair Director Elections Board AGAINST 7
Eni SpA 2026-05-06 Slate 3 Submitted by Romano Minozzi Director Elections Board AGAINST 7
Entra ASA 2026-04-21 Reelect Ewa Wassberg as Director Director Elections Board AGAINST 7
Entra ASA 2026-04-21 Reelect Henrik Kall as Director Director Elections Board AGAINST 7
Entrada Therapeutics, Inc. 2026-06-10 Approval of Amendment No. 1 to the Entrada Therapeutics, Inc. 2021 Stock Option and Incentive Plan. Compensation Board AGAINST 7
EssilorLuxottica SA 2026-04-28 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 7
EssilorLuxottica SA 2026-04-28 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 7
Eurobank SA 2026-04-28 Advisory Vote on Remuneration Report Compensation Board AGAINST 7
Evolution AB 2026-04-24 Approve Remuneration Report Compensation Board AGAINST 7
Evolution AB 2026-04-24 Elect Gabor Szabo as Director Director Elections Board AGAINST 7
Evonik Industries AG 2026-06-03 Approve Remuneration Report Compensation Board AGAINST 7
FAIR ISAAC CORPORATION 2026-03-04 To approve the advisory (non-binding) resolution relating to the named executive officer compensation as disclosed in the proxy statement. Compensation Board AGAINST 7
FLOOR & DECOR HOLDINGS, INC. 2026-05-06 Approve the Company's Amended and Restated 2017 Stock Incentive Plan. Compensation Board AGAINST 7
FLOOR & DECOR HOLDINGS, INC. 2026-05-06 Approve, by non-binding vote, the compensation paid to the Company's named executive officers for the 2025 fiscal year. Compensation Board AGAINST 7
FLOOR & DECOR HOLDINGS, INC. 2026-05-06 Election of Director: Charles Young Director Elections Board AGAINST 7
FLOOR & DECOR HOLDINGS, INC. 2026-05-06 Election of Director: Dwight James Director Elections Board AGAINST 7
FLOOR & DECOR HOLDINGS, INC. 2026-05-06 Election of Director: Ryan Marshall Director Elections Board AGAINST 7
FLOOR & DECOR HOLDINGS, INC. 2026-05-06 Election of Director: William Giles Director Elections Board AGAINST 7
FLOWERS FOODS, INC. 2026-05-29 Election of Director to Serve for One-Year Term: A. Ryals McMullian Director Elections Board AGAINST 7
FLOWERS FOODS, INC. 2026-05-29 Election of Director to Serve for One-Year Term: James T. Spear Director Elections Board AGAINST 7
FLOWERS FOODS, INC. 2026-05-29 Election of Director to Serve for One-Year Term: Margaret G. Lewis Director Elections Board AGAINST 7
FLOWERS FOODS, INC. 2026-05-29 Election of Director to Serve for One-Year Term: Rhonda O. Gass Director Elections Board AGAINST 7
FLOWERS FOODS, INC. 2026-05-29 Election of Director to Serve for One-Year Term: Thomas C. Chubb, III Director Elections Board AGAINST 7
FLOWERS FOODS, INC. 2026-05-29 Election of Director to Serve for One-Year Term: W. Jameson McFadden Director Elections Board AGAINST 7
FORTUNE BRANDS INNOVATIONS, INC. 2026-05-05 Advisory vote to approve named executive officer compensation. Compensation Board AGAINST 7
FORTUNE BRANDS INNOVATIONS, INC. 2026-05-05 Election of Class III Director: Brendan M. Foley Director Elections Board AGAINST 7
Far Eastern International Bank 2026-05-22 Approve Issuance of Common Shares, Preferred Shares, Convertible Bonds or a Combination of Above Securities to Specific Parties Capital Structure Board AGAINST 7
Fertiglobe Plc 2026-03-09 Approve Discharge of Auditors for FY 2025 Audit-related Board AGAINST 7
Fertiglobe Plc 2026-03-09 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 7
Financiere de Tubize SA 2026-04-24 Elect Corisatis SRL, Represented by Cynthia Favre d'Echallens, as Director Director Elections Board AGAINST 7
Financiere de Tubize SA 2026-04-24 Elect Heygieia Consulting BV, Represented by Stef Heylen, as Director Director Elections Board AGAINST 7
Financiere de Tubize SA 2026-04-24 Reelect Eric Cornut as Director Director Elections Board AGAINST 7
First Abu Dhabi Bank PJSC 2026-03-11 Elect the Board of Directors Members Director Elections Board ABSTAIN 7
Fuyao Glass Industry Group Co., Ltd. 2026-04-21 Approve Ernst & Young Hua Ming LLP (Special General Partnership) as Domestic Audit Institution and Internal Control Audit Institution and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 7
Fuyao Glass Industry Group Co., Ltd. 2026-04-21 Approve Ernst & Young as Overseas Audit Institution and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 7
Fuyo General Lease Co., Ltd. 2026-06-23 Appoint Statutory Auditor Nemoto, Erino Compensation Board AGAINST 7
GARTNER, INC. 2026-05-28 Approval, on an advisory basis, of the compensation of our named executive officers. Compensation Board AGAINST 7
GLAUKOS CORPORATION 2026-05-28 Approval, on an advisory basis, of the compensation of the Company's named executive officers. Compensation Board AGAINST 7
GMO Payment Gateway, Inc. 2025-12-14 Elect Director Ainoura, Issei Director Elections Board AGAINST 7
GOLDCREST Co., Ltd. 2026-06-18 Amend Articles to Restore Shareholder Authority to Vote on Income Allocation and Share Buybacks Capital Structure Board AGAINST 7
GOLDCREST Co., Ltd. 2026-06-18 Approve Additional Dividend so that Annual Dividend Equals to Either 100 Percent of Earnings per Share or 8 Percent of Net Asset per Share Whichever Is Higher Capital Structure Board AGAINST 7
GOLDCREST Co., Ltd. 2026-06-18 Repurchase Shares from Specific Shareholders Capital Structure Board AGAINST 7
GQG Partners Inc. 2026-05-15 Elect Melda Donnelly as Director Director Elections Board ABSTAIN 7
Genco Shipping & Trading Limited 2026-06-18 Election of Directors Diana Nominees OPPOSED by the Company: Jens Ismar Director Elections Board ABSTAIN 7
Genco Shipping & Trading Limited 2026-06-18 Election of Directors Diana Nominees OPPOSED by the Company: Paul Cornell Director Elections Board ABSTAIN 7
Givaudan SA 2026-03-19 Reelect Roberto Guidetti as Director Director Elections Board AGAINST 7
Gjensidige Forsikring ASA 2026-03-26 Reelect Dag Mejdell (Chair), Gunnar Robert Sellaeg, Gyrid Skalleberg Ingero, Mari Thjomoe, Simona Trombetta and Tor Magne Lonnum as Directors; Elect Nils-Jakob Rosholt as New Director Director Elections Board AGAINST 7
Godrej Properties Limited 2025-08-01 Approve Reappointment and Remuneration of Gaurav Pandey as Managing Director and Chief Executive Officer and Key Managerial Personnel Compensation Board AGAINST 7
Goldwind Science & Technology Co., Ltd. 2025-07-18 Approve Provision of Full Guarantees and to Issue Letters of Guarantee on Behalf of Majority-owned Subsidiaries in South Africa Capital Structure Board AGAINST 7
Goodman Group 2025-11-11 Approve the Spill Resolution Compensation Board AGAINST 7
Grand City Properties SA 2026-06-24 Approve Remuneration Report Compensation Board AGAINST 7
Greek Organisation of Football Prognostics SA 2026-01-07 Approve Remuneration Policy of the Converted Company Compensation Board AGAINST 7
HARLEY-DAVIDSON, INC. 2026-05-21 Elect Directors: Allan Golston Director Elections Board ABSTAIN 7
HARLEY-DAVIDSON, INC. 2026-05-21 Elect Directors: Maryrose Sylvester Director Elections Board ABSTAIN 7
HARLEY-DAVIDSON, INC. 2026-05-21 Elect Directors: Rafeh Masood Director Elections Board ABSTAIN 7
HARLEY-DAVIDSON, INC. 2026-05-21 Elect Directors: Troy Alstead Director Elections Board ABSTAIN 7
HERTZ GLOBAL HOLDINGS, INC. 2026-05-28 Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 7
Harvey Norman Holdings Limited 2025-11-26 Elect Kenneth William Gunderson-Briggs as Director Director Elections Board AGAINST 7
Harvey Norman Holdings Limited 2025-11-26 Elect Stephen Mayne as Director Director Elections Board AGAINST 7
Hellenic Telecommunications Organization SA 2026-06-09 Advisory Vote on Remuneration Report Compensation Board AGAINST 7
Hellenic Telecommunications Organization SA 2026-06-09 Amend Remuneration Policy Compensation Board AGAINST 7
Hellenic Telecommunications Organization SA 2026-06-09 Approve Incentive Bonus Plan Compensation Board AGAINST 7
Hellenic Telecommunications Organization SA 2026-06-09 Approve Profit Distribution to Company Executives Compensation Board AGAINST 7
Hellenic Telecommunications Organization SA 2026-06-09 Approve Remuneration of Executive Board Members Compensation Board AGAINST 7
Hindustan Zinc Limited 2025-12-20 Elect Ashim Kumar Modi as Director Director Elections Board AGAINST 7
Hindustan Zinc Limited 2026-04-10 Elect Sandeep Vasant Kadam as Director Director Elections Board AGAINST 7
Hindustan Zinc Limited 2026-06-29 Reelect Navin Agarwal as Director Director Elections Board AGAINST 7
ICU MEDICAL, INC. 2026-05-13 Elect Directors: David F. Hoffmeister Director Elections Board ABSTAIN 7
ICU MEDICAL, INC. 2026-05-13 Elect Directors: Donald M. Abbey Director Elections Board ABSTAIN 7
ICU MEDICAL, INC. 2026-05-13 Elect Directors: Kolleen T. Kennedy Director Elections Board ABSTAIN 7
ICU MEDICAL, INC. 2026-05-13 Elect Directors: Laurie Hernandez Director Elections Board ABSTAIN 7
ICU MEDICAL, INC. 2026-05-13 To ratify the appointment 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
INNOSPEC INC. 2026-05-08 Election of Class I Director: Elizabeth K. Arnold Director Elections Board ABSTAIN 7
INNOVIVA, INC. 2026-05-04 Approval of the 2026 Equity Incentive Plan. Compensation Board AGAINST 7
INSPERITY, INC. 2026-05-18 Advisory vote to approve the Company's executive compensation ("Say on Pay") Compensation Board AGAINST 7
INSPERITY, INC. 2026-05-18 Election of Class I Director: Latha Ramchand Director Elections Board AGAINST 7
INTAGE HOLDINGS, Inc. 2025-09-25 Elect Director Nishi, Yoshiya Director Elections Board AGAINST 7
INVESCO LTD. 2026-05-21 Appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2026. Audit-related Board AGAINST 7
INVESCO LTD. 2026-05-21 Election of Director: G. Richard Wagoner, Jr. Director Elections Board AGAINST 7
INVESCO LTD. 2026-05-21 Election of Director: Phoebe A. Wood Director Elections Board AGAINST 7
INVESCO LTD. 2026-05-21 Election of Director: Sir Nigel Sheinwald Director Elections Board AGAINST 7
ITRON, INC. 2026-05-07 Proposal to approve the advisory (non-binding) resolution relating to executive compensation. Compensation Board AGAINST 7
ITRON, INC. 2026-05-07 Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accountant for 2026. Audit-related Board AGAINST 7
Inhibikase Therapeutics, Inc. 2026-06-26 to approve an amendment to the Company's 2020 Equity Incentive Plan to increase the authorized number of shares of common stock reserved for issuance by 3,000,000 shares. Compensation Board AGAINST 7
InnovAge Holding Corp. 2025-12-04 Election of Class II Directors: James G. Carlson Director Elections Board ABSTAIN 7

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