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WASHINGTON, April 02, 2019 – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 board members, today announced that it will offer a new certification program that will affirm one’s knowledge to serve as a corporate director and advance NACD’s mission to elevate the profession of directorship. The voluntary program, entitled the NACD Certification of Professional DirectorshipTM, will launch in October 2019.
WASHINGTON, Sept. 23, 2019 -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 corporate board members, in collaboration with Deloitte, and supported by CACI, Heidrick & Struggles, Semler Brossy, and USAA, today announced the winners of its second annual NACD NXT™ Recognition Awards, chosen from 40 boards nominated for their excellence in utilizing board diversity and innovation as a strategy for building long-term value for their companies.
No, it doesn’t mean that the Bard of Fourth Street has become a governance consultant. Nor does it suggest that the board must accommodate a voice of protest in its mix. But it does speak to significant new developments affecting board composition that provide important guidance to the nominating committee.
BOSTON — It's nice work if you can get it. The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 years ago, according to a new report released by executive headhunters Spencer Stuart.
WASHINGTON, Dec. 19, 2019 – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 corporate board members, today issued its annual call for nominations for the 2020 NACD Directorship 100. Honors are comprised of the B. Kenneth West Lifetime Achievement Award, Director of the Year, and the Directorship 100. This year, the Director of the Year honor will be expanded from one to three categories to recognize excellence on public, private, and nonprofit boards.
WASHINGTON, Dec. 18, 2019 – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 board members, today released its 2020 Governance Outlook: Projections on Emerging Board Matters, an annual road map to guide corporate directors and senior executives as they confront business and governance issues throughout the coming year.
WASHINGTON, Dec. 11, 2019 – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 board members, today released the 2019–2020 NACD Public Company Governance Survey, the only survey of its kind that provides an overview of the current state of the American boardroom. The report offers detailed insights into governance attributes and practices, including director priorities and trends, board size and structure, board composition, and key oversight practices.
WASHINGTON, Nov. 20, 2019 – The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 board members, today announced that Liane Pelletier is joining the NACD board of directors, effective January 1, 2020. A seasoned public-company director, Pelletier has significant experience transforming strategies, driving continuous improvement, leading operations shaped by heavy regulations, and directing companies with a global presence across a variety of industries.
David Chavern first joined the board of directors of insurer Transamerica when he was COO of the U.S. Chamber of Commerce. He hadn’t been looking for a board position at the time but was approached about the job by the chairman, who was also a member of the Chamber’s board of directors.
Does it feel like your board is always in a time crunch? That’s a common feeling among association boards and CEOs, says Carol Hamilton, principal at Grace Social Sector Consulting. One culprit: poorly executed meetings that take away from time that could be better spent on strategic discussions. “Too often board meetings aren’t constructed so well,” says Hamilton. “There’s a lot of time spent listening to reports or doing work that perhaps doesn’t need to be done at [the] face-to-face meeting.” According to a 2019 report from the National Association of Corporate Directors, 74 percent of board members predict they’ll need more time to fulfill their leadership responsibilities in the future.
In a soaring atrium in one of those slick skyscrapers sheathed in glass on New York’s Park Avenue, prolific adviser and board member Andrea Weiss finds some spare time to sit down for an interview. Surrounded by the requisite marble, water fixture and big glass windows, I pick out a table near a landmark, in this case a grand piano, a latte for her at the ready.
Leading in an environment of constant disruption requires both a steady hand and courage to break with tradition. To ensure their long-term success, organizations need volunteer leaders who bring new skills, an open mind, and a willingness to keep learning.