NACD Welcomes Broad Range of New Full Board Member Companies

ConocoPhillips, Corning, Foot Locker, The Hershey Co., Panera Bread and Phillips66, Among Others, Join NACD


WASHINGTON, July 17, 2012 (GLOBE NEWSWIRE) -- Continuing its mission to advance the highest standards of board leadership, the National Association of Corporate Directors (NACD) announced today that more than 40 diverse companies joined the association as NACD Full Board Members during the second quarter of 2012.

Several Fortune-ranked companies, including ConocoPhillips, Corning, Foot Locker, The Hershey Co., Panera Bread, Phillips66, and Spectra Energy Partners recently joined the ranks of Lockheed Martin, McDonalds, Microsoft and PepsiCo along with nearly 1,000 other leading companies.

Other Fortune-ranked companies that recently became NACD Full Board Members include (with Fortune ranking): Corning (328), WPX Energy (569), ON Semiconductor (633), Pinnacle West Capital Corporation (653), Warnaco (791), Service Corporation International (834), Nortek (886) and IDEX Corporation (967). Their inclusion further enhances NACD's nearly 12,000 director members.

A larger sample of NACD's Full Board Members companies is available at www.nacdonline.org/Members.

NACD Full Board Member companies range from Fortune 50 corporations to small- and mid-cap companies, as well as public, private and nonprofit organizations. Through their NACD Full Board membership, these companies demonstrate their desire to work with NACD in advancing exemplary board leadership by promoting the highest standards of corporate governance.

"By joining NACD, these companies are showing a commitment to high standards in boardroom leadership, as well as increasing investor confidence in their professionalism," said Ken Daly, president and CEO of NACD. "NACD is privileged to serve as these companies' boardroom stewards."

Full corporate boards, as well as individual directors, become NACD members to demonstrate their commitment to the corporate community while gaining proprietary insights about emerging issues and opportunities. NACD members can also hone their directorship skills through NACD's peer-to-peer and multi-media director education programs.

NACD Full Board Members receive best-in-class value, including custom-designed benefits for the board's chairman, lead director and key committee chairs; customized education and research designed specifically for the company; and the ability to include company C-Suite executives in their membership.

NACD supplies Full Board Members with their own concierge to enhance and customize members' access to exclusive programs, events, advisory services, board evaluations and benefits. All of these practical tools help directors oversee the affairs of the enterprise in the most effective manner possible.

About NACD

The National Association of Corporate Directors (NACD) is the only membership organization focused exclusively on advancing exemplary board leadership. Based on 35 years of experience, NACD identifies, interprets and provides insights and information that corporate board members rely upon to make sound strategic decisions, confidently confront complex business challenges and enhance shareowner value. With more than 11,500 corporate director members, NACD provides world-class director education, director training and proprietary research about leading boardroom and corporate governance practices to promote director professionalism and bolster investor confidence.  Furthermore, to create more effective and efficient corporate boards, NACD provides independent board evaluations and custom-tailored in-boardroom education and training programs, as well as director-led conferences, forums and peer-exchange learning opportunities to share ideas about current and emerging issues. Fostering collaboration among directors and governance stakeholders, NACD is shaping the future of board leadership. To learn more about NACD, visit www.NACDonline.org. To join, please contact Kelly Dodd at kkdodd@nacdonline.org or 202-380-1891.



            

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