Home / Companies / Nestle SA / 18 Apr 2024
Nestle SA: meeting of 18 Apr 2024
Votes reported on Form N-PX, item by item
339 Form N-PX filers reported votes at the Nestle SA meeting of 18 Apr 2024. Their records fall into 9 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
18 nominees; 97.7% of reported votes for; 51 filers withheld from or voted against at least one nominee.
9,911 vote records from 286 filers. 0 of the 251 filers that marked the item either way voted against management. 35 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
166 vote records from 92 filers. 11 of the 85 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
571 vote records from 286 filers. 2 of the 251 filers that marked the item either way voted against management. 35 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
1,124 vote records from 286 filers. 0 of the 251 filers that marked the item either way voted against management. 35 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
1,663 vote records from 289 filers. 0 of the 254 filers that marked the item either way voted against management. 35 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
2,915 vote records from 286 filers. 0 of the 251 filers that marked the item either way voted against management. 35 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided
OTHER SOCIAL ISSUESIssuer
OTHER SOCIAL ISSUES: management items
Management items in this category are shown together; filers word and number them differently.
83 vote records from 53 filers. 1 of the 41 filers that marked the item either way voted against management. 12 filers reported this item without a management mark.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
363 vote records from 52 filers. 0 of the 40 filers that marked the item either way voted against management. 12 filers reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Please note that this resolution is a shareholder proposal: shareholder proposal for an amendment to the...
632 vote records from 279 filers. 10 of the 244 filers that marked the item either way voted against management. 35 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 9. Proposal |
|---|---|---|---|---|
| Vanguard | For | No report | For | Against |
| BlackRock and iShares | For | No report | For | Against |
| Fidelity | For | No report | For | Against |
| Dimensional | For | No report | For | Against |
| State Street and SPDR | For | No report | For | Against |
| American Century | For | No report | For | Against |
| Franklin Templeton | For | No report | For | Against |
| Invesco | For | No report | For | Against |
| Equitable | For | No report | For | Against |
| Nuveen and TIAA | For | No report | For | Against |
| ProShares and ProFunds | For | No report | For | Against |
| John Hancock and Manulife | For | For | For | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | For | Against |
| J.P. Morgan | For | For | For | Against |
| Goldman Sachs | For | No report | For | Against |
| WisdomTree | For | No report | For | Against |
| PGIM and Prudential | For | No report | For | Against |
| Jackson National funds | For | For | For | Against |
| Northern Trust and FlexShares | For | For | For | Against |
| T. Rowe Price | For | No report | For | Against |
| Thrivent | For | No report | For | Against |
| Lincoln Financial | For | No report | For | Against |
| Voya | For | No report | For | Against |
| First Trust | For | No report | For | Against |
| Nationwide | For | No report | For | Against |
| Victory Capital | For | No report | For | Against |
| Brighthouse Funds | For | For | For | Against * |
| Columbia Threadneedle | For | No report | For | Against |
| BNY Mellon | For | No report | For | Against |
| Principal | For | No report | For | Against |
| Capital Group and American Funds | For | No report | For | Against |
| Pacific Life funds | For | No report | For | Against |
| MFS | For | No report | For | Against |
| Transamerica | For | No report | For | Against |
| AllianceBernstein | For | No report | For | Against |
| DWS | For | No report | For | Against |
| PIMCO | For | No report | For | Against |
| Allspring | For | No report | For | Against |
| MassMutual | For | For | For | Against |
| Harbor Funds | For | Against * | For | Split or no vote |
| Virtus | For | No report | For | Against |
| Macquarie and Delaware Funds | For | No report | For | Against |
| Janus Henderson | For | No report | For | Against |
| Natixis and Loomis Sayles | For | For | For | Split or no vote |
| Lord Abbett | For | No report | For | Against |
| Baird | No report | Split or no vote | No report | No report |
| Artisan Partners | Split or no vote | No report | Split or no vote | Split or no vote |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Nestle SA meeting?
339 Form N-PX filers reported votes at the meeting of 18 Apr 2024. On say-on-pay, 11 of 85 voted against management (12.9%). One proposal from security holders could be told apart in the filings. The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Nestle SA on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Nestle SA
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Nestle SA with a meeting date within three days of 18 Apr 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.