Home / Companies / Nestle SA / 16 Apr 2025
Nestle SA: meeting of 16 Apr 2025
Votes reported on Form N-PX, item by item
318 Form N-PX filers reported votes at the Nestle SA meeting of 16 Apr 2025. 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; 97.3% of reported votes for; 53 filers withheld from or voted against at least one nominee.
8,853 vote records from 272 filers. 1 of the 245 filers that marked the item either way voted against management. 27 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
256 vote records from 103 filers. 14 of the 83 filers that marked the item either way voted against management. 20 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
511 vote records from 271 filers. 2 of the 244 filers that marked the item either way voted against management. 27 filers reported this item without a management mark.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
1,048 vote records from 272 filers. 1 of the 245 filers that marked the item either way voted against management. 27 filers reported this item without a management mark.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
1,344 vote records from 262 filers. 2 of the 235 filers that marked the item either way voted against management. 27 filers reported this item without a management mark.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
2,718 vote records from 272 filers. 1 of the 245 filers that marked the item either way voted against management. 27 filers reported this item without a management mark.
OTHER SOCIAL ISSUESIssuer
OTHER SOCIAL ISSUES: management items
Management items in this category are shown together; filers word and number them differently.
108 vote records from 57 filers. 0 of the 41 filers that marked the item either way voted against management. 16 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.
199 vote records from 48 filers. 0 of the 30 filers that marked the item either way voted against management. 18 filers reported this item without a management mark.
OTHERSecurity holder
Other business
111 vote records from 58 filers. 16 of the 43 filers that marked the item either way voted against management. 15 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 9. Proposal |
|---|---|---|---|---|
| Vanguard | For | No report | For | No report |
| BlackRock and iShares | For | For | For | Abstain or withhold * |
| Fidelity | For | No report | For | No report |
| Dimensional | For | No report | For | No report |
| State Street and SPDR | For | No report | For | No report |
| American Century | For | No report | For | No report |
| Franklin Templeton | For | No report | For | No report |
| Invesco | For | No report | For | No report |
| Equitable | For | No report | For | No report |
| Nuveen and TIAA | For | No report | For | No report |
| ProShares and ProFunds | For | No report | For | No report |
| John Hancock and Manulife | For | For | For | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | For | No report |
| J.P. Morgan | For | For | For | Abstain or withhold * |
| Goldman Sachs | For | No report | For | No report |
| WisdomTree | For | No report | For | No report |
| PGIM and Prudential | For | Split or no vote | For | No report |
| Jackson National funds | For | For | For | Against |
| Northern Trust and FlexShares | For | For | For | No report |
| T. Rowe Price | For | No report | For | No report |
| Thrivent | For | No report | For | No report |
| Lincoln Financial | For | For | For | Abstain or withhold * |
| Voya | For | No report | For | No report |
| First Trust | For | No report | For | No report |
| Nationwide | For | No report | For | No report |
| Victory Capital | For | No report | For | No report |
| Brighthouse Funds | For | Split or no vote | For | No report |
| Columbia Threadneedle | For | No report | For | No report |
| BNY Mellon | For | No report | For | No report |
| Principal | For | No report | For | No report |
| Capital Group and American Funds | For | No report | For | No report |
| Pacific Life funds | For | No report | For | No report |
| MFS | For | No report | For | No report |
| Transamerica | For | No report | For | No report |
| AllianceBernstein | For | No report | For | No report |
| DWS | For | No report | For | No report |
| PIMCO | For | No report | For | No report |
| Allspring | For | No report | For | No report |
| MassMutual | For | For | For | No report |
| Harbor Funds | For | Against * | For | Against |
| Virtus | For | No report | For | No report |
| Macquarie and Delaware Funds | For | No report | For | No report |
| Janus Henderson | For | No report | For | No report |
| American Beacon | For | No report | For | No report |
| Natixis and Loomis Sayles | For | No report | For | Against |
| Lord Abbett | For | No report | For | No report |
| Baird | No report | Split or no vote | No report | No report |
| Artisan Partners | For | No report | For | No report |
* 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?
318 Form N-PX filers reported votes at the meeting of 16 Apr 2025. On say-on-pay, 14 of 83 voted against management (16.9%). 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 16 Apr 2025. 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.