Tag Archive: NACD Directorship 100 Forum Awards

Wanted: 50 Exemplary Directors, And More

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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:

  1. The B. Kenneth West Lifetime Achievement Award
  2. The NACD Director of the Year
  3. The NACD Directorship 100, which encompasses three sub-categories:
        • The NACD Corporate Governance Hall of Fame
        • Directors
        • Governance Professionals

The B. Kenneth West Lifetime Achievement Award 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.

Call for Nominations

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NACD has opened nominations for Director of the Year and the B. Kenneth West Lifetime Achievement Award. These two honors recognize outstanding corporate directors who have made a meaningful impact in the boardroom.

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.

In 2010, the following directors were honored:

Curtis J. Crawford, PhD, director of ON Semiconductor, E.I. duPont de Nemours, and ITT Corporation received the B. Kenneth West Lifetime Achievement Award.

Public Company Director of the Year was awarded to Richard Keyser, director of Zebra Technologies and Principal Financial Group, chairman emeritus of W.W. Grainger.

Nonprofit Director of the Year was awarded to Josh Bekenstein, managing director Bain Capital, co-chair of New Profit, director of Dana Farber Cancer Institute, City Year, Horizons for Homeless Children and New Leaders for New Schools.

From L to R: Ken Daly, Mary Pat McCarthy, Richard Keyser, Curtis J. Crawford, Josh Bekenstein, Barbara Hackman Franklin

To learn more about nomination criteria or to nominate a director, visit www.NACDonline.org/DOY or email D100@NACDonline.org. Nominees will be accepted from NACD constituents—including previous award recipients, NACD chapter leaders, advisors and members. Winners will be publicly recognized at the NACD Directorship100 Forum Awards Gala on November 8, 2011 at the Waldorf Astoria Hotel in New York City. The deadline for nominations is May 31.