The NACD Directorship 100 is the preeminent annual list of the most influential people in the boardroom and corporate governance and we are calling on all public company directors and NACD members to tell us who you think deserves recognition. Online nominations are being accepted until 5 p.m. EST on March 31, 2015. You don’t have to be a director in order to participate. Sending a nomination takes only a few seconds and you can nominate as many individuals as you think worthy.
From its inception in 2007, the objective of the NACD Directorship 100 has been to elevate the directorship role by profiling exemplary directors and the governance institutions and related professionals who influence board agendas. There are three categories of recognition within the NACD Directorship 100 leadership awards:
The B. Kenneth West Lifetime Achievement Award
The NACD Director of the Year
The NACD Directorship 100, which encompasses three sub-categories:
The NACD Corporate Governance Hall of Fame
The B. Kenneth West Lifetime AchievementAward honors a single individual who has served on a public company board in a leadership capacity, such as board chair, lead director, or committee chair, or has been a leader in a corporate governance capacity. In 2014, we honored former Delta Chair Paula Rosput Reynolds. To be considered in this category, nominees are required to have additional documentation, including testimonial letters from colleagues or peers. The full selection criteria are available here.
The NACD Director of the Year is a director in a board leadership capacity on a public, private, and/or not-for-profit company. The 2014 recipient of this award was former Lone Star Chair and CEO Rhys J. Best. To be considered in this category, nominees are required to have additional documentation, including testimonial letters from colleagues or peers. The full selection criteria are available here.
The NACD Directorship 100 Corporate Governance Hall of Fame recognizes three to five individuals who are or have been a director in a board leadership capacity or a leader within an organization influencing corporate governance. These individuals are widely recognized and acknowledged by their peers as having made an indelible and lasting contribution to the field of corporate governance as demonstrated by their exemplary, ethical service on either their boards or for the governance organizations they serve.
Since its inception in 2008, the NACD Corporate Governance Hall of Fame now counts among its honorees such legendary corporate officers as Vanguard Founder John Bogle, Berkshire Hathaway’s Warren Buffett, Young & Rubicam’s Ann Fudge, and GE’s Jack Welch in addition to legal titans H. Rodgin Cohen, William B. Chandler, Martin Lipton, and Ira Millstein. In 2014, we inducted three governance luminaries: Catalyst’s Ilene Lang, former U.S. Secretary of Commerce and NACD chair emeritus Barbara Hackman Franklin, and the Honorable Myron T. Steele.
The NACD Directorship 100 recognizes a unique class of 50 outstanding directors currently serving in a public company board leadership capacity. Nominees must possess a sound ethical compass, be involved in board-related issues and activities outside of the boards on which they sit, and serve as models for their director peers. Nominees who have been honored in the director category in previous years are not eligible for consideration. Our evaluation process ensures a unique class of directors each year.
NACD Directorship 100 Governance Professionals are leaders representing no more than 50 organizations from relevant and related corporate governance advisory fields, encompassing attorneys, compensation consultants, audit firms, recruiters, investors, journalists, and policy advisers. Individuals nominated in the governance professional category must demonstrate exemplary, ethical service for their organizations, support NACD’s mission, and engage outside of their companies to train others on what constitutes good governance practices.
Nominees in all categories will be vetted by NACD Directorship editors then submitted to NACD’s board of directors for endorsement.
The full 2015 NACD Directorship 100 list will be published in the November/December issue of NACD Directorship magazine. Honorees will be notified in advance. In addition, directors and professional stakeholders will convene to celebrate this year’s honorees at a black-tie gala event to be held on December 2, 2015 at Gotham Hall in New York City. This exclusive invitation-only event will be a prime opportunity to meet your peers in the director and governance communities and to raise a glass to outstanding achievement.
Questions about the nomination process for Director of the Year and the B. Kenneth West Lifetime Achievement Award should be directed to Chris Barnard at pcbarnard@NACDonline.org.
All other questions may be directed to me, NACD Directorship Editor in Chief Judy Warner, at jwarner@NACDonline.org.
Along with everyone here at NACD, I’m looking forward to receiving your nominations and to taking yet another opportunity to celebrate the unwavering stewards of American business.
NACD is dedicated to recognizing and advancing exemplary board leadership. As part of this commitment, each year we select two individuals who are role models for director professionalism and set the standard for exemplary board service.
This year, we will recognize Jon F. Hanson as the 2011 winner of the B. Kenneth West Lifetime Achievement Award and Jenne K. Britell, PhD as the NACD Director of the Year.
Mr. Hanson is the chairman and founder of The Hampshire Companies. In addition, Mr. Hanson serves as the non-executive chairman of HealthSouth; chairman of Pascack Community Bank; a director of Yankee Global Enterprises; and chairman emeritus of the National Football Foundation and College Hall of Fame, Inc. His past directorships include serving as lead director for Prudential Financial, Inc., and as a director of CD&L. He is also an honorary director of Hackensack University Medical Center, following more than 20 years of service on their board of directors.
According to Hanson’s peers, he is well deserving of this award. He “exhibits the highest standards of integrity and ethics, courageous leadership under difficult circumstances, and prioritization of stakeholder interests.” He is a leading proponent of excellent corporate governance and director accountability.
Dr. Britell is a senior managing director of Brock Capital, LLC, an advisory and investment banking firm. Additionally, she is non-executive chairman of United Rentals, Inc., the world’s largest equipment rental company. Dr. Britell currently serves on the boards of Crown Holdings, Inc., Quest Diagnostics, the U.S. Russia Investment Fund, the U.S. Russia Foundation for Entrepreneurship and the Rule of Law and the Santa Fe Institute board of trustees. Her prior directorships include service to Lincoln National Corporation, West Pharmaceutical Services, Aames Investment Corporation and the TIAA-CREF board of trustees.
Dr. Britell’s executive credentials include senior positions with GE Capital, Dime Bancorp, Inc., HomePower, Inc., Citicorp and Republic New York Corporation. She was the founding chairman and chief executive officer of the Polish-American Mortgage Bank in Warsaw, the first private mortgage bank in postwar Poland.
In nominating Dr. Britell to be the 2011 NACD Director of the Year, her peers cited outstanding boardroom integrity and leadership, as well as “her intelligence, her insight, and her sense of responsibilities on a corporate board.” In addition, they highlighted her ability to apply her financial expertise to important strategic decisions facing the boards on which she serves.
We invite you to join us in congratulating Mr. Hanson and Dr. Britell for their outstanding and well-deserved achievements, and to celebrate director professionalism with us at this year’s NACD Directorship 100 Forum Gala on November 8th at New York City’s Waldorf-Astoria. We hope to see you there!
An exemplary director acts with integrity and courage in complex, often risky situations. Honored directors have demonstrated dedication to the improvement of corporate governance practices, and have cultivated a reputation as a leader among peers in the business community. By recognizing those directors who are dedicated to the success of the companies, boards, and shareholders they serve, NACD hopes to raise the bar for all directors.
Nominees are evaluated on four key attributes based on the principles of director professionalism: integrity, mature confidence, informed judgment and high performance standards. Winners have demonstrated these principles in a variety of ways, including:
Showing the highest personal and professional ethical standards;
Valuing board and team performance over individual performance;
Acting in ways that have guided their company in maintaining consistent long-term profitability,
Improving shareholder returns, and/or dealing effectively with a crisis or other major change;
And fostering an environment of constant improvement of strategic goals, performance and innovation.