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Northrop Grumman shareholder proposals 2026
What shareholders asked Northrop Grumman to do, and how the funds holding Americans’ retirement savings voted on it: the funds in the 401(k) plans we index and the most widely held funds beyond them, with the filing behind every vote.
20 May 2026 · put on the ballot by shareholder
Should the person who runs Northrop Grumman also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
“Shareholder proposal to provide for an independent Board chair.”
3 of 20 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Washington Mutual Investors Fund | AGAINST | 4,690,752 |
| Vanguard Morningstar Total Stock Market Index Fund | AGAINST | 4,510,541 |
| Vanguard 500 Index Fund | AGAINST | 3,409,774 |
| American Balanced Fund | AGAINST | 3,062,998 |
| New Perspective Fund | AGAINST | 2,083,386 |
| Vanguard Dividend Growth Fund | FOR | 1,799,993 |
| Fidelity 500 Index Fund | AGAINST | 1,700,218 |
| Vanguard Wellington Fund | FOR | 1,412,210 |
| Vanguard Morningstar Value Index Fund | AGAINST | 1,319,990 |
| Growth Fund of America | AGAINST | 1,195,566 |
| Putnam Large Cap Value Fund | AGAINST | 1,081,685 |
| MFS Value Fund | AGAINST | 1,042,552 |
| Vanguard Institutional Index Fund | AGAINST | 753,585 |
| State Street Industrial Select Sector SPDR ETF | AGAINST | 742,168 |
The same proposal was put to Amazon.com, Exxon Mobil, Wells Fargo, Verizon Communications, PepsiCo, Chevron.
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