NACD - National Association of Corporate Directors

NACD in the News

November 8, 2017

NACD Northwest Names Boise Director

The Northwest Chapter of the National Association of Corporate Directors (NACDNW), the advocate for the profession of directorship, today announced the election of John Sahlberg, Director, US Ecology.

November 7, 2017

It’s Time For Risk Intelligence

The new National Association of Corporate Directors’ cybersecurity handbook says cybersecurity is a risk management issue, not an IT matter. And I agree. Most of the top federal agency IT managers and cybersecurity officials have been echoing the advice in this handbook for months now. It would have been helpful if Equifax’s board had received an early copy.

November 7, 2017

Commentary: 3 Lessons From Bill Ackman’s Failed ADP Proxy Fight

While Automatic Data Processing (ADP) was victorious in the proxy fight against activist investor William Ackman, who sought seats on the board, the drama highlights the sheer amount of energy and critical resources wasted on activity that doesn’t drive shareholder value. Proxy fights such as this one cost millions of dollars, as well as management’s time and attention.

November 6, 2017

How To Recruit The Best Leaders

Unless they want to shut off the lights upon retirement, private business owners have to think about succession planning. Even more, if all key customer and vendor relationships reside with the owner, there isn’t much value to the business without him or her. Building a strong leadership team and implementing a succession plan are essential to a company’s continued success.

November 6, 2017

U.S., German cyber organizations to collaborate on cybersecurity handbook

The U.S. industry-based Internet Security Alliance and the Federal Office for Information Security, a German cyber policy organization, are currently working on a German version of cyber handbook put together by the ISA and National Association of Corporate Directors, the ISA announced Friday.

November 3, 2017

Corporate Law & Governance Update: November 2017

Forthcoming changes to the Department of Justice’s “Yates Memorandum” offer unanticipated legal compliance consequences for health systems that merit proactive consideration by the board.

November 3, 2017

What Do Basketball Recruiting And Procurement Fraud Have In Common? Part 2

Leaders rightly get aggravated with their staff when someone brings them a problem without a suggested path forward, or even better, a potential resolution.

November 3, 2017

Gulfport Energy Corporation Appoints Paul Westerman to its Board of Directors

OKLAHOMA CITY, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ:GPOR) (“Gulfport”) today announced that Paul D. Westerman has been appointed to the Company’s Board of Directors (the “Board”). Mr. Westerman has also been appointed to serve on the Board’s Compensation Committee and Nominating and Corporate Governance Committee.

November 2, 2017

How State Pension Funds--And 401k Managers-- Prioritize Politics Over Returns

While Congressional elections are an entire year away, a different election season is almost upon us that could also impact public policy. These elections are driven by large public pension funds and asset managers advocating for increasingly political agendas during the annual meetings of publicly-held companies. For the majority of U.S. households who hold a portion of their retirement assets in the stock market in some form, it could mean that some of their money will be used to support a political agenda that hurts their investment returns.

November 2, 2017

Can Hospital Boards Be Held Accountable for the Organization’s Culture?

In recent weeks, high-profile companies like Wells Fargo, Uber, Equifax, The Weinstein Co., Fox News and many more have garnered media attention for their leadership and corporate cultures. And the boards of companies including Whirlpool, CACI International and Citigroup have formed culture committees to surveil the climate in their respective organizations.

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