NACD Directorship 100 Forum Convenes More Than 350 Directors and Corporate Governance Leaders to Recognize Warren Buffett, Jack Welch and Other Boardroom Luminaries

Program Honors the 2011 NACD Directorship 100, NACD Director of the Year and B. Kenneth West Lifetime Achievement Award Recipients

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National Association of Corporate Directors

Nov 17, 2011, 09:50 ET

NEW YORK, Nov. 17, 2011 /PRNewswire/ -- The National Association of Corporate Directors (NACD) held its 2011 NACD Directorship 100 Forum on November 8-9 in New York City, bringing together more than 350 directors and C-suite executives from leading companies and boardrooms around the country along with governance professionals, regulators and investors. The NACD Directorship 100 Forum highlighted directors and other boardroom influentials who have demonstrated a continued commitment to the highest standards of professionalism in the face of a challenging, global economic environment and increasingly demanding federal regulations.

"This year's forum was a huge success, recognizing leading directors, showcasing dynamic speakers and translating directors' concerns to opportunities," said Ken Daly, president and CEO of NACD. "As an organization, NACD is a primary resource for all directors and boardrooms, and we provide the essential tools to help directors identify, understand and implement leading practices. The attendees will be able to efficiently translate the information and insights from the event into effective practices for their individual boards."

In order to stay ahead of the emerging issues impacting their directorship profession, participants engaged in a variety of peer-to-peer knowledge exchange workshops and panel discussion sessions. The attendees learned how their peers have tackled the toughest, most demanding scenarios and added unique value to the boards they serve.

The two-day forum focused on reinforcing the leading practices and standards of boardroom stewardship, increasing core values in decision making, and examining the behaviors and processes of their boards and management. Highlights included panel discussions on uncertainty, volatility, and the risk agenda; how to deal with distress; how to ensure strategy and sustainability for corporate shareowners; and the rewards of leveraging human capital.

The closing keynote was delivered by General Stanley McChrystal, former Commander of the U.S. Forces and International Security Assistance Force in Afghanistan, former leader of the Joint Special Operations Command, and director for JetBlue Airways. McChrystal's comments focused on the impact of personal character in the boardroom and the definition and importance of leadership.

"General McChrystal's insights reinforced NACD's goals of providing educated, enlightened directors ready to lead in an increasingly global and technological environment," said Daly. "Now, more than ever, we need leaders in the boardroom equipped to handle the rising challenges of our world, and General McChrystal's experienced leadership was immensely informative."

In addition to honoring the 2011 NACD Directorship 100, the NACD Director of the Year and the B. Kenneth West Lifetime Achievement Award winner, the recent class of NACD Board Leadership Fellows and NACD Governance Fellows were recognized. NACD Fellows are directors and governance experts who demonstrate their commitment to boardroom excellence by completing NACD's director credentials program. To learn how NACD Fellows stay informed regarding current and emerging issues and provide measurable value in today's rapidly changing corporate environment, please visit www.NACDonline.org/Fellowships.

For a list of all the honorees and complete coverage from the NACD Directorship 100 Forum, visit, www.NACDonline.org/Directorship100.

About NACD

The National Association of Corporate Directors (NACD) is the only membership organization delivering the information and insights that corporate board members need to confidently confront complex business challenges and enhance shareowner value. With more than 11,000 members, NACD advances exemplary board leadership. NACD is focused on creating more effective and efficient boards through director-led education and peer forums to share ideas and leading practices based on more than 30 years of primary research. Fostering collaboration among directors and governance stakeholders, NACD is shaping the future of board leadership. To learn more about NACD, visit NACDonline.org. To join, please contact Kelly Dodd at [email protected] or 202-380-1891.

Contact:

Henry Stoever, Chief Marketing Officer
National Association of Corporate Directors
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SOURCE National Association of Corporate Directors