WASHINGTON DC (January 23, 2009) — Joining forces to provide urgently needed expertise in today’s uncertain economic environment, the National Association of Corporate Directors (NACD) and Directorship today announced an agreement that brings together NACD’s extensive knowledge base and Directorship’s respected editorial forum to deliver valuable insights that are critical for directors in today’s corporate governance environment.
Directorship, the leading corporate governance magazine, will become NACD Directorship, The Magazine of the National Association of Corporate Directors. It will be distributed to NACD members as a benefit of membership and will continue to be circulated to Directorship’s current paid subscribers.
In addition, Directorship and NACD will produce co-branded conferences, including the Global Issues Forum, Directorship 100, and Boardroom Leaders, as well as a series of peer-to-peer exchanges. NACD members will be given preferential terms for all Directorship offerings.
“As the organization that convenes directors to research, develop and disseminate leading boardroom practices, it makes sense for NACD to align with a strong editorial brand such as Directorship so that we can better deliver that value to our 10,000 members,” said Kenneth Daly, president and CEO of NACD. “I look forward to working with Jeff Cunningham and his highly skilled team to provide these additional educational and editorial forums that will give directors a greater voice in the marketplace.”
NACD Directorship will benefit from the oversight of a distinguished Editorial Board of Advisors comprised of key individuals from both organizations as well as leaders from the advisory, shareholder and business communities. NACD content to be featured in future issues includes: recommendations of NACD Blue Ribbon Commissions, board benchmarking research, and special events coverage for programs such as the NACD Annual Corporate Governance Conference.
“Our mission has always been around ‘boardroom intelligence’ so this collaboration is one that we are truly excited by and one that we believe will have a lasting impact on the corporate governance community,” said Jeffrey M. Cunningham, chairman, CEO, and editorial director of NewsMarkets, which publishes NACD Directorship and the influential Global Proxy Watch newsletter.”
NACD Directorship will be published six times a year. The magazine will continue to feature a mix of in-depth special reports on the major corporate governance issues, profiles of leading directors, expert advice and timely news stories. The first issue of the newly branded magazine will be mailed in February.
About NACD
Founded in 1977, the National Association of Corporate Directors prepares its 10,000 members to improve risk oversight, hone skills for specific committee roles, add value to the board, and engage more effectively with management and stakeholders. As the organization of and for corporate directors, NACD speaks authoritatively on behalf of directors providing regulators, legislators, and standardsetters with practical insights regarding board effectiveness. NACD connects directors and boards through local chapters where members can exchange knowledge and ideas. The NACD Certificate of Director Education is a voluntary designation sought by directors who want to practice engaged, ethical and effective corporate governance. For more information, visit www.nacdonline.org.
About Directorship
Directorship’s mission is to deliver the most comprehensive information and research on leading-edge practices in corporate governance and boardroom decision-making. Its primary audience is the boardroom community, which includes corporate directors, chief executives and C-suite officers, governance professionals, regulators, public officials, and institutional shareholders.
In addition to the magazine, Directorship produces a leading website (www.directorship.com) that is updated daily with news stories of interest to directors and publishes several newsletters on corporate governance, including Boardroom Journal; it also conducts policy, educational and peer exchange forums.
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01/23/09