Skip to main content
TOOLS
Login to access your documents and resources.
Welcome to Nuveen
Select your preferred site so we can tailor your experience.
Select Region...
  • Americas
  • Asia Pacific
  • Europe, Middle East, Africa
location select
Select Location...
  • Canada
  • Latin America
  • United States
  • Australia
  • Hong Kong
  • Japan
  • Mainland China
  • Malaysia
  • New Zealand
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Other
  • Abu Dhabi Global Market (ADGM)
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Germany
  • Ireland
  • Italy
  • Luxembourg
  • Netherlands
  • Norway
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
  • Other
location select
Institutional Investor
  • Institutional Investor
  • Individual Investor
  • Financial Professional
  • Global Cities REIT (GCREIT)
  • Green Capital
  • Private Capital Income Fund (PCAP)
location select
This site has been created for exclusive use by institutional investors only and does not take into account the investment objectives, financial situation or specific needs of any individual investor. Information from this site should not be the sole basis for any investment decision.
Privacy notice Cookie policy, terms of use
Accept to continue
Nuveen logos

Key proxy vote rationales for 2023-2024

In order to meet a higher standard of transparency for our clients, rather than providing rationales for select votes, we are disclosing all of our votes against directors at S&P 500 companies and the rationale for the vote against.1 This amounts to 140 directors at 92 distinct companies. The drivers of the votes against are based on a case-by-case assessment of the boards’ alignment with the principles in the TIAA Policy Statement on Responsible Investing regarding board quality, board structure and operation, business ethics transparency and accountability, as well as the board’s strategy and oversight of material ESG issues such as climate risk and diversity, equity, and inclusion as assessed within our thematic engagement initiatives.

Filters
Industry
Vote Instruction
{{RecordFound}} matching results >>
{{#each .}}
{{/each}}
COMPANY NAME INDUSTRY PROPOSAL TEXT MANAGEMENT RECOMMENDATION VOTE INSTRUCTION VOTE RATIONALE
Copart, Inc. Commercial Services & Supplies Elect Director Diane M. Morefield For Against Board Quality
FedEx Corporation Air Freight & Logistics Elect Director David P. Steiner For Against Business ethics, transparency, and accountability- Governance risk escalation
McKesson Corporation Health Care Providers & Services Elect Director Maria Martinez For Against Business ethics, transparency, and accountability- Environmental risk escalation
Parker-Hannifin Corporation Machinery Elect Director Linda A. Harty For Against Business ethics, transparency, and accountability- Environmental risk escalation
TE Connectivity Ltd. Electronic Equipment, Instruments & Components Elect Director William A. Jeffrey For Against Business ethics, transparency, and accountability- Social risk escalation
The Estee Lauder Companies Inc. Personal Care Products Elect Director Charlene Barshefsky For Withhold Board Quality|Business ethics, transparency, and accountability
L3Harris Technologies, Inc. Aerospace & Defense Elect Director Thomas A. Dattilo For Against Business ethics, transparency, and accountability- Environmental risk escalation
Fastenal Company Trading Companies & Distributors Elect Director Stephen L. Eastman For Against Business ethics, transparency, and accountability- Social risk escalation
Charter Communications, Inc. Media Elect Director Gregory B. Maffei For Against Board Quality
Charter Communications, Inc. Media Elect Director W. Lance Conn For Against Business ethics, transparency, and accountability
Charter Communications, Inc. Media Elect Director Eric L. Zinterhofer For Against Business ethics, transparency, and accountability- Governance risk escalation
Domino's Pizza, Inc. Hotels, Restaurants & Leisure Elect Director Patricia E. Lopez For Withhold Board Quality
Kimco Realty Corporation Retail REITs Elect Director Mary Hogan Preusse For Against Board Quality
Rollins, Inc. Commercial Services & Supplies Elect Director P. Russell Hardin For Withhold Business ethics, transparency, and accountability- Social risk escalation
Teledyne Technologies Incorporated Electronic Equipment, Instruments & Components Elect Director Wesley W. von Schack For Against Business ethics, transparency, and accountability- Environmental risk escalation
Teledyne Technologies Incorporated Electronic Equipment, Instruments & Components Elect Director Simon M. Lorne For Against Business ethics, transparency, and accountability- Environmental risk escalation
Teledyne Technologies Incorporated Electronic Equipment, Instruments & Components Elect Director Denise R. Singleton For Against Business ethics, transparency, and accountability- Environmental risk escalation
Genuine Parts Company Distributors Elect Director P. Russell Hardin For Withhold Business ethics, transparency, and accountability- Environmental risk escalation
Snap-on Incorporated Machinery Elect Director David C. Adams For Against Board Quality|Business ethics, transparency, and accountability- Environmental risk escalation
Aflac Incorporated Insurance Elect Director Katherine T. Rohrer For Against Board Quality|Business ethics, transparency, and accountability
Paycom Software, Inc. Professional Services Elect Director Robert J. Levenson For Against Business ethics, transparency, and accountability- Governance risk escalation
CF Industries Holdings, Inc. Chemicals Elect Director Robert C. Arzbaecher For Against Business ethics, transparency, and accountability- Environmental risk escalation
Packaging Corporation of America Containers & Packaging Elect Director Roger B. Porter For Against Board Quality
Packaging Corporation of America Containers & Packaging Elect Director Donna A. Harman For Against Business ethics, transparency, and accountability- Environmental risk escalation
Pool Corporation Distributors Elect Director David G. Whalen For Against Business ethics, transparency, and accountability- Social risk escalation
Waste Management, Inc. Commercial Services & Supplies Elect Director William B. Plummer For Against Business ethics, transparency, and accountability- Environmental risk escalation
Masco Corporation Building Products Elect Director John C. Plant For Against Business ethics, transparency, and accountability- Environmental risk escalation
Masco Corporation Building Products Elect Director Mark R. Alexander For Against Business ethics, transparency, and accountability- Environmental risk escalation
Ford Motor Company Automobiles Elect Director William E. Kennard For Against Business ethics, transparency, and accountability
Old Dominion Freight Line, Inc. Ground Transportation Elect Director John D. Kasarda For Withhold Business ethics, transparency, and accountability- Environmental risk escalation|Business ethics, transparency, and accountability- Social risk escalation
Steel Dynamics, Inc. Metals & Mining Elect Director Bradley S. Seaman For Against Business ethics, transparency, and accountability- Environmental risk escalation
Brown-Forman Corporation Beverages Elect Director Campbell P. Brown For Against Board Structure and Operation|Business ethics, transparency, and accountability
Brown-Forman Corporation Beverages Elect Director Elizabeth M. Brown For Against Business ethics, transparency, and accountability
Brown-Forman Corporation Beverages Elect Director Stuart R. Brown For Against Business ethics, transparency, and accountability
Brown-Forman Corporation Beverages Elect Director Marshall B. Farrer For Against Business ethics, transparency, and accountability
Brown-Forman Corporation Beverages Elect Director Michael J. Roney For Against Board Structure and Operation|Business ethics, transparency, and accountability
Brown-Forman Corporation Beverages Elect Director Tracy L. Skeans For Against Board Structure and Operation|Business ethics, transparency, and accountability
Brown-Forman Corporation Beverages Elect Director Michael A. Todman For Against Board Structure and Operation|Business ethics, transparency, and accountability
Ralph Lauren Corporation Textiles, Apparel & Luxury Goods Elect Director Darren Walker For Withhold Business ethics, transparency, and accountability
A. O. Smith Corporation Building Products Elect Director Ilham Kadri For Withhold Business ethics, transparency, and accountability- Social risk escalation|Business ethics, transparency, and accountability- Governance risk escalation
A. O. Smith Corporation Building Products Elect Director Victoria M. Holt For Withhold Business ethics, transparency, and accountability- Governance risk escalation|Business ethics, transparency, and accountability
Valero Energy Corporation Oil, Gas & Consumable Fuels Elect Director Deborah P. Majoras For Against Business ethics, transparency, and accountability- Environmental risk escalation
Berkshire Hathaway Inc. Financial Services Elect Director Charlotte Guyman For Withhold Business ethics, transparency, and accountability
Berkshire Hathaway Inc. Financial Services Elect Director Susan L. Decker For Withhold Business ethics, transparency, and accountability- Environmental risk escalation
Eversource Energy Electric Utilities Elect Director Cotton M. Cleveland For Against Board Structure and Operation
United Parcel Service, Inc. Air Freight & Logistics Elect Director William Johnson For Against Business ethics, transparency, and accountability
Camden Property Trust Residential REITs Elect Director Frances Aldrich Sevilla-Sacasa For Against Board Quality
APA CORPORATION Oil, Gas & Consumable Fuels Elect Director Annell R. Bay For Against Business ethics, transparency, and accountability- Environmental risk escalation
Vulcan Materials Company Construction Materials Elect Director Richard T. O'Brien For Against Business ethics, transparency, and accountability- Environmental risk escalation
ONEOK, Inc. Oil, Gas & Consumable Fuels Elect Director Julie H. Edwards For Against Business ethics, transparency, and accountability- Environmental risk escalation
Quanta Services, Inc. Construction & Engineering Elect Director Martha B. Wyrsch For Against Board Structure and Operation
TransDigm Group Incorporated Aerospace & Defense Elect Director Gary E. McCullough For Withhold Business ethics, transparency, and accountability- Environmental risk escalation
Fox Corporation Media Elect Director Paul D. Ryan For Against Board Quality- Diversity|Board Structure and Operation|Business ethics, transparency, and accountability
Fox Corporation Media Elect Director Roland A. Hernandez For Against Board Quality- Diversity
Fox Corporation Media Elect Director William A. Burck For Against Board Quality- Diversity
Oracle Corporation Software Elect Director George H. Conrades For Withhold Business ethics, transparency, and accountability- Social risk escalation
Oracle Corporation Software Elect Director Bruce R. Chizen For Withhold Board Quality|Business ethics, transparency, and accountability- Social risk escalation
Franklin Resources, Inc. Capital Markets Elect Director Geoffrey Y. Yang For Against Business ethics, transparency, and accountability
Franklin Resources, Inc. Capital Markets Elect Director Seth H. Waugh For Against Business ethics, transparency, and accountability
Atmos Energy Corporation Gas Utilities Elect Director Frank Yoho For Against Business ethics, transparency, and accountability- Environmental risk escalation|Business ethics, transparency, and accountability- Social risk escalation
Tyson Foods, Inc. Food Products Elect Director Barbara A. Tyson For Against Business ethics, transparency, and accountability
Tyson Foods, Inc. Food Products Elect Director David J. Bronczek For Against Business ethics, transparency, and accountability
Tyson Foods, Inc. Food Products Elect Director Les R. Baledge For Against Board Structure and Operation
Tyson Foods, Inc. Food Products Elect Director John H. Tyson For Against Business ethics, transparency, and accountability
Fair Isaac Corporation Software Elect Director Braden R. Kelly For Against Business ethics, transparency, and accountability- Social risk escalation
Lennar Corporation Household Durables Elect Director Jeffrey Sonnenfeld For Against Business ethics, transparency, and accountability- Social risk escalation
Lennar Corporation Household Durables Elect Director Stuart Miller For Against Business ethics, transparency, and accountability
Celanese Corporation Chemicals Elect Director Kim K.W. Rucker For Against Board Structure and Operation
Celanese Corporation Chemicals Elect Director Kathryn M. Hill For Against Business ethics, transparency, and accountability- Social risk escalation
Hubbell Incorporated Electrical Equipment Elect Director Neal J. Keating For Withhold Business ethics, transparency, and accountability- Environmental risk escalation
Huntington Ingalls Industries, Inc. Aerospace & Defense Elect Director John K. Welch For Against Business ethics, transparency, and accountability- Social risk escalation
Huntington Ingalls Industries, Inc. Aerospace & Defense Elect Director Leo P. Denault For Against Business ethics, transparency, and accountability- Environmental risk escalation
Brown & Brown, Inc. Insurance Elect Director H. Palmer Proctor, Jr. For Withhold Board Quality|Business ethics, transparency, and accountability- Social escalation
General Dynamics Corporation Aerospace & Defense Elect Director Robert K. Steel For Against Business ethics, transparency, and accountability- Environmental risk escalation
DTE Energy Company Multi-Utilities Elect Director Gary H. Torgow For Withhold Board Quality|Business ethics, transparency, and accountability- Social escalation
Mettler-Toledo International Inc. Life Sciences Tools & Services Elect Director Thomas P. Salice For Against Board Quality|Business ethics, transparency, and accountability- Social escalation
International Paper Company Containers & Packaging Elect Director Ilene S. Gordon For Against Board Quality|Business ethics, transparency, and accountability- Social escalation
Loews Corporation Insurance Elect Director Paul J. Fribourg For Against Board Quality
Pentair plc Machinery Elect Director Billie I. Williamson For Against Business ethics, transparency, and accountability- Environmental risk escalation|Business ethics, transparency, and accountability- Social risk escalation
Las Vegas Sands Corp. Hotels, Restaurants & Leisure Elect Director Lewis Kramer For Withhold Board Quality- Diversity|Board Structure and Operation|Business ethics, transparency, and accountability- Governance risk escalation
Las Vegas Sands Corp. Hotels, Restaurants & Leisure Elect Director Charles D. Forman For Withhold Board Quality
Las Vegas Sands Corp. Hotels, Restaurants & Leisure Elect Director Micheline Chau For Withhold Board Quality- Diversity|Business ethics, transparency, and accountability|Business ethics, transparency, and accountability- Governance risk escalation
Las Vegas Sands Corp. Hotels, Restaurants & Leisure Elect Director Irwin Chafetz For Withhold Board Quality
Align Technology, Inc. Health Care Equipment & Supplies Elect Director Joseph Lacob For Against Board Quality|Business ethics, transparency, and accountability- Social escalation
Enphase Energy, Inc. Semiconductors & Semiconductor Equipment Elect Director Joseph Malchow For Withhold Board Quality- Diversity
Howmet Aerospace Inc. Aerospace & Defense Elect Director Ulrich R. Schmidt For Against Business ethics, transparency, and accountability- Environmental risk escalation
Westinghouse Air Brake Technologies Corporation Machinery Elect Director Brian P. Hehir For Against Business ethics, transparency, and accountability- Environmental risk escalation
IDEX Corporation Machinery Elect Director Lakecia N. Gunter For Against Business ethics, transparency, and accountability- Environmental risk escalation
IDEX Corporation Machinery Elect Director Mark A. Buthman For Against Business ethics, transparency, and accountability- Environmental risk escalation
News Corp Media Elect Director Jose Maria Aznar For Against Business ethics, transparency, and accountability
Revvity, Inc. Life Sciences Tools & Services Elect Director Michel Vounatsos For Against Business ethics, transparency, and accountability- Social risk escalation
RTX Corporation Aerospace & Defense Elect Director Robert O. Work For Against Business ethics, transparency, and accountability- Environmental risk escalation
Bunge Global SA Food Products Elect Director Carol Browner For Against Business ethics, transparency, and accountability- Environmental risk escalation
Marathon Oil Corporation Oil, Gas & Consumable Fuels Elect Director M. Elise Hyland For Against Business ethics, transparency, and accountability- Environmental risk escalation
Mohawk Industries, Inc. Household Durables Elect Director John M. Engquist For Against Board Quality- Diversity|Board Quality
Mohawk Industries, Inc. Household Durables Elect Director Jerry W. Burris For Against Board Quality- Diversity|Board Quality
Mohawk Industries, Inc. Household Durables Elect Director Bruce C. Bruckmann For Against Board Quality- Diversity|Board Quality
SBA Communications Corporation Specialized REITs Elect Director George R. Krouse, Jr. For Against Board Quality
VeriSign, Inc. IT Services Elect Director Kathleen A. Cote For Against Board Quality
Meta Platforms, Inc. Interactive Media & Services Elect Director Mark Zuckerberg For Withhold Business ethics, transparency, and accountability
Meta Platforms, Inc. Interactive Media & Services Elect Director Peggy Alford For Withhold Business ethics, transparency, and accountability
EPAM Systems, Inc. IT Services Elect Director Robert E. Segert For Against Business ethics, transparency, and accountability- Social risk escalation
Warner Bros. Discovery, Inc. Entertainment Elect Director Kenneth W. Lowe For Withhold Business ethics, transparency, and accountability- Governance risk escalation
Warner Bros. Discovery, Inc. Entertainment Elect Director Paul A. Gould For Withhold Business ethics, transparency, and accountability- Governance risk escalation
Warner Bros. Discovery, Inc. Entertainment Elect Director Richard W. Fisher For Withhold Business ethics, transparency, and accountability- Governance risk escalation
Builders FirstSource, Inc. Building Products Elect Director Cleveland A. Christophe For Against Board Quality- Diversity|Business ethics, transparency, and accountability- Envrionmental risk escalation
Fortive Corporation Machinery Elect Director Jeannine P. Sargent For Against Business ethics, transparency, and accountability- Environmental risk escalation
Paramount Global Media Elect Director Susan Schuman For Against Board Structure and Operation|Business ethics, transparency, and accountability
Paramount Global Media Elect Director Shari E. Redstone For Against Business ethics, transparency, and accountability- Governance risk escalation
Paramount Global Media Elect Director Judith A. McHale For Against Business ethics, transparency, and accountability
Airbnb, Inc. Hotels, Restaurants & Leisure Elect Director Kenneth Chenault For Withhold Business ethics, transparency, and accountability
Airbnb, Inc. Hotels, Restaurants & Leisure Elect Director Angela Ahrendts For Withhold Board Quality
Allegion Plc Building Products Elect Director Kirk S. Hachigian For Against Business ethics, transparency, and accountability- Environmental risk escalation
Gartner, Inc. IT Services Elect Director William O. Grabe For Against Board Quality
The Mosaic Company Chemicals Elect Director Emery N. Koenig For Against Business ethics, transparency, and accountability- Social risk escalation|Business ethics, transparency, and accountability- Envrionmental risk escalation
Alphabet Inc. Interactive Media & Services Elect Director Robin L. Washington For Against Business ethics, transparency, and accountability
Alphabet Inc. Interactive Media & Services Elect Director John L. Hennessy For Against Board Quality|Business ethics, transparency, and accountability
Arista Networks, Inc. Communications Equipment Elect Director Kelly Battles For Withhold Business ethics, transparency, and accountability- Social risk escalation
Garmin Ltd. Household Durables Elect Director Jonathan C. Burrell For Against Board Structure and Operation
Comcast Corporation Media Elect Director Kenneth J. Bacon For Withhold Business ethics, transparency, and accountability
Caesars Entertainment, Inc. Hotels, Restaurants & Leisure Elect Director Frank J. Fahrenkopf For Against Business ethics, transparency, and accountability- Social risk escalation
T-Mobile US, Inc. Wireless Telecommunication Services Elect Director Dominique Leroy For Withhold Board Quality|Board Structure and Operation
T-Mobile US, Inc. Wireless Telecommunication Services Elect Director Thorsten Langheim For Withhold Board Quality
T-Mobile US, Inc. Wireless Telecommunication Services Elect Director Raphael Kubler For Withhold Board Quality|Board Structure and Operation
T-Mobile US, Inc. Wireless Telecommunication Services Elect Director Christian P. Illek For Withhold Board Quality|Board Structure and Operation
T-Mobile US, Inc. Wireless Telecommunication Services Elect Director Timotheus Hottges For Withhold Board Quality
T-Mobile US, Inc. Wireless Telecommunication Services Elect Director Srinivasan Gopalan For Withhold Board Quality|Board Structure and Operation
W. R. Berkley Corporation Insurance Elect Director Jonathan Talisman For Against Board Structure and Operation|Board Quality
W. R. Berkley Corporation Insurance Elect Director Mark L. Shapiro For Against Board Structure and Operation|Board Quality
W. R. Berkley Corporation Insurance Elect Director Daniel L. Mosley For Against Board Structure and Operation|Board Quality
W. R. Berkley Corporation Insurance Elect Director Christopher L. Augostini For Against Board Structure and Operation|Board Quality
Generac Holdings Inc. Electrical Equipment Elect Director Robert D. Dixon For Against Business ethics, transparency, and accountability- Social risk escalation|Business ethics, transparency, and accountability- Envrionmental risk escalation
Live Nation Entertainment, Inc. Entertainment Elect Director Latriece Watkins For Against Business ethics, transparency, and accountability- Governance risk escalation
Live Nation Entertainment, Inc. Entertainment Elect Director Randall T. Mays For Against Board Structure and Operation|Business ethics, transparency, and accountability- Social risk escalation|Business ethics, transparency, and accountability- Governance risk escalation
Live Nation Entertainment, Inc. Entertainment Elect Director Gregory B. Maffei For Against Board Quality
Live Nation Entertainment, Inc. Entertainment Elect Director James Iovine For Against Business ethics, transparency, and accountability- Governance risk escalation
Live Nation Entertainment, Inc. Entertainment Elect Director Chad Hollingsworth For Against Business ethics, transparency, and accountability- Governance risk escalation|Business ethics, transparency, and accountability
Monolithic Power Systems, Inc. Semiconductors & Semiconductor Equipment Elect Director Eugen Elmiger For Withhold Board Quality
Tesla, Inc. Automobiles Elect Director Kimbal Musk For Against Business ethics, transparency, and accountability
Tesla, Inc. Automobiles Elect Director James Murdoch For Against Business ethics, transparency, and accountability
Aon Plc Insurance Elect Director Lester B. Knight For Against Board Quality
Expedia Group, Inc. Hotels, Restaurants & Leisure Elect Director Craig Jacobson For Withhold Board Structure and Operation
Related articles
water in the sea
Responsible Investing 2022 – 2023 Annual Stewardship Report: Aligning advocacy with actions
Despite 2023 being an unprecedented year of challenges, we remain focused on advancing responsible investing practices, with preserving and enhancing long-term shareholder value at the center of our approach.
Large melting glaciers
Climate risk Climate risk is investment risk
As we transition to a low-carbon economy, how can investors respond to the opportunities while managing the risks and meeting investment objectives? Discover the investment implications of climate change and prepare for the future with our tools and resources.
Digital abstract background backgrounds
Responsible Investing 2024 Proxy Season Preview
The momentum and support for environmental, social and governance (ESG) integration into the investment process has reached critical mass.
Contact us
London skyline
London
small-phone-icon
+44 20 3727 8000
201 Bishopsgate, London, United Kingdom

1 Votes included from reporting period July 1, 2023 – June 30, 2024. This report reflects proxy voting for the College Retirement Equities Fund (“CREF”), TIAA-CREF Funds, TIAA-CREF Life Funds and TIAA Separate Account VA-1 (collectively “TIAA-CREF Fund Complex”), the General Account of Teachers Insurance and Annuity Association of America (“TIAA”), and Nuveen Asset Management (NAM), which comprises approximately 94% of Nuveen, LLC equity assets under management as of June 30, 2024. As a result of the One Nuveen proxy initiative, effective 10/1/2022, the TIAA-CREF Fund Complex and Nuveen Asset Management, LLC follow the same voting processes and policies.

Footer Arc Background

Discover

Our Company

The information contained on this website is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. YOUR CAPITAL IS AT RISK. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed. 

Products, services, or strategies shown may not be available in certain jurisdictions and/or to certain investors. Recipients should inform themselves about and observe any applicable legal requirements. The information provided should not be considered a solicitation or an offer by Nuveen or its affiliates to provide any financial products or services in any jurisdiction where it is not otherwise authorized to do so. Any funds described herein are not for sale in the US or to US persons and are available under the conditions of the relevant offering document(s). If you are a US citizen or resident, please visit our website for US Financial Professionals or US Institutional Investors. Nuveen provides a range of products including investment advisory services, strategies, and expertise through its independent investment affiliates. Securities are offered through Nuveen Securities, LLC.

© 2025 Nuveen, LLC. All rights reserved.

4014272-0626

Back to Top