Home / Companies / Yum! Brands, Inc. / 15 May 2025
Yum! Brands, Inc.: meeting of 15 May 2025
Votes reported on Form N-PX, item by item
1,252 Form N-PX filers reported votes at the Yum! Brands, Inc. meeting of 15 May 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
12 nominees; 96.8% of reported votes for; 49 filers withheld from or voted against at least one nominee.
8,964 vote records from 269 filers. 2 of the 268 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
1,884 vote records from 1,227 filers. 140 of the 1,201 filers that marked the item either way voted against management. 26 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
751 vote records from 269 filers. 7 of the 268 filers that marked the item either way voted against management. 1 filer 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.
792 vote records from 277 filers. 15 of the 275 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEIssuer
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE: management items
Management items in this category are shown together; filers word and number them differently.
89 vote records from 18 filers. 6 of the 18 filers that marked the item either way voted against management.
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCESecurity holder
Shareholder Proposal Regarding Workplace Safety Policies and Practices.
711 vote records from 256 filers. 69 of the 255 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Shareholder proposal: OTHER SOCIAL ISSUES
710 vote records from 255 filers. 24 of the 254 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Shareholder Proposal Regarding Report on Faith-Based Employee Resource Groups.
702 vote records from 253 filers. 13 of the 253 filers that marked the item either way voted against management.
Several categoriesSecurity holder
Shareholder proposals (not separable from the filings)
Filers described these proposals in wordings that could not be matched to one another, so they are shown together.
35 vote records from 9 filers. 4 of the 8 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 6. Proposal | 7. Proposal | 8. Proposal |
|---|---|---|---|---|---|---|
| Vanguard | For | For | For | Against | Against | Against |
| BlackRock and iShares | For | No report | For | Against | Against | Against |
| Fidelity | For | For | For | Against | Against | Against |
| Dimensional | For | For | For | Against | Against | Against |
| State Street and SPDR | For | For | For | For * | Against | Against |
| American Century | For | For | For | Against | Against | Against |
| Franklin Templeton | For | For | For | Against | Against | Against |
| Invesco | For | For | For | Against | Against | Against |
| Equitable | For | For | For | Against | Against | Against |
| Charles Schwab | For | For | For | Against | Against | Against |
| Nuveen and TIAA | For | Against * | For | For * | Against | Against |
| ProShares and ProFunds | For | For | For | Against | Against | Against |
| John Hancock and Manulife | For | For | For | Against | Against | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | Against * | For | For * | For * | Against |
| J.P. Morgan | For | For | For | Against | Against | Against |
| Goldman Sachs | For | For | For | Against | Against | Against |
| WisdomTree | For | For | For | Against | Against | Against |
| PGIM and Prudential | For | For | For | For * | Against | Against |
| Jackson National funds | For | For | For | Against | Against | Against |
| Northern Trust and FlexShares | For | For | For | Against | Against | Against |
| SEI | For | For | For | For * | Against | Against |
| T. Rowe Price | For | For | For | Against | Against | Against |
| Thrivent | For | For | For | Against | Against | Against |
| Lincoln Financial | For | For | For | For * | Against | Against |
| Voya | For | For | For | Against | Against | Against |
| First Trust | For | For | For | Against | Against | Against |
| Russell Investments | For | For | For | For * | Against | Against |
| Nationwide | For | For | For | Against | Against | Against |
| Victory Capital | For | For | For | Against | Against | Against |
| Brighthouse Funds | For | For | For | Against | Against | Against |
| Guggenheim and Rydex | For | For | For | Against | Against | Against |
| Columbia Threadneedle | For | For | For | Against | Against | Against |
| BNY Mellon | For | For | For | Against | Against | Against |
| Principal | For | For | For | Against | Against | Against |
| Capital Group and American Funds | For | For | For | Against | Against | Against |
| Pacific Life funds | For | For | For | Against | Against | Against |
| Global X | For | For | For | No report | No report | No report |
| MFS | No report | For | No report | No report | No report | No report |
| Transamerica | For | For | For | Against | Against | Against |
| Federated Hermes | For | For | For | Against | Against | Against |
| AllianceBernstein | For | Against * | For | Against | Against | Against |
| Hartford Funds | For | For | Against * | For * | For * | Against |
| DWS | For | For | For | For * | For * | Against |
| PIMCO | For | For | For | Against | Against | Against |
| Allspring | For | For | For | Against | Against | Against |
| MassMutual | For | For | For | Against | Against | Against |
| Virtus | For | For | For | Against | Against | Against |
| VanEck | For | For | For | For * | Against | Against |
| Macquarie and Delaware Funds | No report | For | No report | No report | No report | No report |
| Janus Henderson | No report | For | No report | No report | No report | No report |
| Neuberger Berman | For | For | For | For * | Against | Against |
| Natixis and Loomis Sayles | For | For | For | Against | Against | Against |
| Harris Associates and Oakmark | No report | For | No report | No report | No report | No report |
| Baird | No report | For | No report | No report | No report | 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 Yum! Brands, Inc. meeting?
1,252 Form N-PX filers reported votes at the meeting of 15 May 2025. On say-on-pay, 140 of 1,201 voted against management (11.7%). 3 proposals 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 Yum! Brands, Inc. 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 Yum! Brands, Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Yum! Brands, Inc. with a meeting date within three days of 15 May 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.