Large companies devote plenty of attention and resources to succession planning, yet a PwC study finds that $112 billion in shareholder value is lost annually because companies pick the wrong people to lead them. In our CEO transition work across a wide range of industries, we found that in more than half of the 110 cases our firm assisted with during the last two years, the “obvious” choice was not the candidate most likely to succeed in the CEO role.
Hospitals, like any organization, are prone to unannounced crises, whether they be cyberattacks, active shooter incidents, severe weather events or management scandals. Still, a recent report from the National Association of Corporate Directors found less than 20 percent of directors surveyed felt confident that management could handle unpredictable crises.
Why should a successful founder of a company voluntarily move on? Leading a company that you founded and built into a thriving enterprise is a heady experience. You get lots of attention. You get to tell everyone what to do. You have the resources to try out your new ideas. And the perks are great. No wonder successful founders rarely step aside willingly—and that many stay on too long.
Jul. 01 /CSRwire/ - The Hispanic Association on Corporate Responsibility (HACR) concluded 2019 Executive Programs which took place May 3-5, 2019, at the JW Marriott Marquis in Miami. The 2019 sponsors were Target and Warner Media.
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced that its Board of Directors is one of 41 boards spanning the range of company sizes and industries that have been nominated for NACD NXT™ recognition by the National Association of Corporate Directors (NACD). This recognition, part of the NACD NXT initiative, applauds exemplary board leadership practices that promote greater diversity and inclusion, ultimately fostering long-term value creation.
A former commander of the Air Force Materiel Command, Wright-Patterson Air Force Base, receives national lifetime achievement award.
The National Association of Corporate Directors has recognized Michael Daniels, a member of CACI International‘s board of directors, as one of the 100 most influential people in corporate governance.
ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that the National Association of Corporate Directors (NACD) recognized CACI Board member Michael Daniels on June 26 at a Gala in New York City as among the 2019 NACD Directorship 100, a list of the most influential leaders in the boardroom and corporate governance community.
The Atlanta Chapter of the National Association of Corporate Directors (NACD), the recognized authority on leading governance practices, announces the election to its Board of Directors Robin Bienfait, Director, Georgia Tech; Chairman, Global Aviation; and CEO, Emnovate; and Marisol Angelini, Director, Bush Brothers & Company, and past Vice President of Marketing, The Coca-Cola Company.
Jun. 25, 2019 / PRZen / RESTON, Va. -- Datta Solutions Group, LLC today announced that the National Association of Corporate Directors (NACD) recently recognized Vikrant (Vic) Datta as an NACD Governance Fellow. NACD Fellows, who earn NACD Fellowship—The Gold Standard Director Credential®— stand within the highest echelon of those committed to excellence in the boardroom.