Jack Lowe, Jr. to Receive B. Kenneth West Lifetime Achievement Award
Bill Ayer and Linda Rabbitt Named 2012 Corporate Directors of the Year
WASHINGTON, Sept. 18, 2012 (GLOBE NEWSWIRE) -- The National Association of Corporate Directors (NACD) announced today the 2012 recipients of its annual awards for exceptional performance by directors in the boardroom. These outstanding corporate directors will be recognized during the NACD Directorship 100 Forum, to be held on November 27th in New York City.
This year's awardees are:
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B. Kenneth West Lifetime Achievement Award (NACD's highest accolade) to Jack Lowe, Jr., Chairman, Zale Corporation and TDIndustries.
- Director of the Year to two recipients: Bill Ayer, Chairman, Alaska Air Group and Puget Sound Energy; and Linda Rabbitt, Lead Director, Towers Watson and Chairman/Chief Executive Officer, Rand Construction Corporation.
"These directors are being recognized for their exemplary leadership and service to their companies, executive teams and shareholders," said NACD President and CEO Ken Daly. "This group has consistently led by example, set the right tone with their colleagues, and brought valuable insights to their boardrooms. We are honored to recognize each of them for their outstanding leadership and ability to oversee the affairs of the enterprise."
The award recipients will be recognized during a gala dinner at the NACD Directorship 100 Forum held November 27th in New York City. Based on the theme Reinvigorating America, the Forum will also feature a keynote presentation by David Walker, founder and CEO of the Comeback America Initiative and former Comptroller General of the United States; a panel focused on Revitalizing America with Ellen Kullman, chairman and CEO of DuPont and Jenne Britell, chairman United Rentals, director Crown Holdings and Quest Diagnostics; peer-to-peer knowledge exchange sessions; and a networking reception preceding the awards gala dinner.
For 25 years, NACD has recognized distinguished individual directors who serve as role models in promoting exemplary board leadership, oversight and courage in the boardroom. Nominees are evaluated on four key categories: integrity, mature confidence, informed judgment and high performance standards.
An independent selection committee reviews the nominees' history of advancing board performance and leading corporate governance practices in accordance with established NACD principles. The principles are a framework that encourages excellence in areas including risk oversight, corporate strategy, compensation and transparency.
A full list of 2012 NACD Directorship 100 honorees will be announced in the coming weeks. For a list of 2011 honorees, visit www.NACDonline.org/Directorship100/honorees.cfm.
To learn more about the 2012 NACD Directorship 100 and to register to attend, visit www.NACDonline.org/Directorship100.
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 12,000 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.