Latest Press Release
May 16, 2018
WASHINGTON, DC (MAY 16, 2018) – The National Association of Corporate Directors(NACD), the authority on boardroom practices representing more than 19,000 corporate board members, has released the 2018 edition of its popular Governance Challenges series: Board-Shareholder Engagement in the New Investor Environment. The report, produced in collaboration with NACD’s five strategic-content partners—Heidrick & Struggles, KPMG Board Leadership Center, Marsh & McLennan Companies, Pearl Meyer, and Sidley Austin LLP—helps directors chart an effective course toward sustainable corporate success and long-term value creation.
Recent Press Releases
May 3, 2018
WASHINGTON, DC (MAY 3, 2018) – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 19,000 corporate board members, today announced that Dr. Janet L. Yellen, former Chair of the Board of Governors of the Federal Reserve System, will offer a keynote address to over 2,000 members and other top business leadership at its marquee event, the Global Board Leaders’ Summit, September 29–October 2, 2018, in Washington, DC.
April 24, 2018
Citigroup Inc., Genesis Healthcare, Molson Coors Brewing Co., Tempur Sealy International, Overstock.com, and 75 Other Companies Join NACD in Q1 2018
WASHINGTON, DC (April 24, 2018) – Eighty corporate boards joined the National Association of Corporate Directors (NACD), the authority on leading boardroom practices representing more than 18,000 board members, during the first quarter of 2018. These new member boards join 1,300 others enrolled and actively participating in NACD membership. The new boards span a wide range of industries: automotive, banking, building materials, chemicals, computer software, construction, consulting services, consumer products, education, electronics, energy and utilities, financial services, food and beverage, government, health care, industrial equipment, information technology, insurance, manufacturing, metals, military, natural resources, pharmaceuticals, professional services, real estate, retail, semiconductors, telecommunications, and transportation. Of the 80 boards, 52 are from public companies, 17 are from private companies, and 11 are from nonprofit organizations.
Latest NACD in the News
May 22, 2018
Having a board evaluation is a regular event for most public companies. But is it a productive practice or just another corporate governance kabuki—a perfunctory, check-the-box exercise with no real impact? “Board Performance Evaluations that Add Value,” posted on the Harvard Law School Forum on Corporate Governance and Financial Regulation, suggests that board evaluations can range from “counterproductive exercises, which exacerbate already fractious and poorly performing boards, to truly transformational change leading to superior governance and organisational outcomes.” But what leads to a superior outcome? The authors suggest that positive outcomes are more likely when boards understand the relative advantages and disadvantages of the different types of board reviews, and properly plan and implement the recommendations resulting from the board’s evaluation. Moreover, the authors contend that the evaluation process itself offers benefits as “an effective team-building, ethics-shaping activity. [The authors’] observation is that boards often neglect the process of engagement when undertaking evaluations; unfortunately, boards that fail to engage their members are missing a major opportunity for developing a shared set of board norms and inculcating a positive board and organizational culture. In short, the process is as important as the content.”
Recent NACD in the News
May 18, 2018
CHICAGO (PRWEB) MAY 22, 2018 West Monroe Partners, a national business and technology consulting firm, announced today the appointment of Barbara Duganier to its Board of Managers. Duganier will help provide guidance to the firm, which grew 34 percent in 2017 and is on a similar growth trajectory in 2018.
May 18, 2018
Annual board evaluations are now commonplace for both for-profit and non-profit organizations, with specific board evaluation recommendations forming a key component in nearly every major corporate governance standard, review or report internationally.