NACD in the News

• Safe Rx presenting at exclusive investor conferences

  GREENWOOD VILLAGE, Colo., Sept. 10, 2019 /PRNewswire/ -- Secure Medication Systems, a company creating a new category in secure cap and closure packaging with its initial award-winning launch of Safe Rx® Locking Pill Bottles (LPBs®), today announced its selection for additional exclusive investor conferences. Safe Rx will be presenting in the Start-Up Pitch competition at the NACD's Global Board Leaders' Summit in Washington, DC on September 23, 2019. At the meeting, Directors from across the globe gather in Washington, DC, for four days of learning, inspiration, and connection.

• CISOs: Navigating Operational Conflicts

  Today's CISOs need to speak the language of business, says Chris Hetner of Marsh, who offers advice on navigating operational conflicts.

• A surprising number of companies don't have a CEO succession plan. Here's why

  Whether they quit, retire, get fired or die, all CEOs eventually leave. The billion-dollar question is: Who should replace them? The boards of 20% of public companies and 32% of private ones can't answer that question. That's because they haven't discussed long-term succession planning in the past 12 months, according to a survey conducted by the National Association of Corporate Directors.

• Fed's Kashkari: Rate cuts a 'poor tool' to undo trade war harm

  TORONTO (Reuters) - Cutting interest rates is a “poor tool” to undo the harm to the U.S. economy from an escalating trade war between the United States and China, Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday, but the U.S. central bank needs to do it anyway.

• CalPERS makes major governance shift

  CalPERS in August became one of the latest institutional investors to alter its governance model when its board instituted sweeping changes, including reducing the number of committee and board meetings, and stripping its investment committee's decision-making power.

• Corporate Boards Are Snatching Up Cybersecurity Talents

  Corey Thomas, the charismatic CEO of Rapid7, a cybersecurity company based in Boston, received a call last year from a search firm staffing for the board of LPL Financials. One of the largest independent broker-dealer companies in the United States, LPL was looking to strengthen its technology leadership on the board, and, in particular, they were looking for someone with a strong Cybersecurity background. Thomas had been the CEO of Rapid7 since 2012 and served on the board for Blue Cross Blue Shields, a private health care company. But being recruited to serve on a public company board was a first-time experience for him.

• HomeTrust Bancshares Announces Appointment of New Director

  ASHEVILLE, N.C., Aug. 29, 2019 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (the “Company”) (HTBI), the holding company for HomeTrust Bank (the “Bank”), announced today that the Company’s Board of Directors (the “Board”) has appointed John Switzer as Director, effective September 3, 2019. Mr. Switzer is also appointed to the Board of Directors of the Bank, effective September 3, 2019. Mr. Switzer previously served as an Advisory Director of the Company and the Bank since January 1, 2019.

• Rice University research finds executive board members are driven by incentives

  If you're a stockholder, you may envision your investment helmed by a benevolent, all-knowing board of directors, sitting around a long finely-grained wooden table, drinking coffee, their heads buried in PowerPoint charts as they labor to plot the best course for the company. Too often, however, you can't take for granted that a company's board will steer it wisely.

• CalPERS wrestles governance change

  The California Public Employees Retirement System, CalPERS, is set for a root and branch reform of its governance structure that could cut the number of investment committee meetings to six from today’s 13, and reduce the size of the investment committee from 13 to a smaller, sub-team of nine.

• Cryptocurrency Information Transparency Platform, Omnia Markets, Welcomes JT Kostman, PhD. To Their Advisory Board

  NEW YORK--(PRWEB)--AUGUST 26, 2019. Omnia Markets, Inc., a one-stop platform gearing up to provide cryptocurrency-based data, proprietary and non-proprietary analytics, comprehensive and reliable industry market information and trends, has announced JT Kostman, PhD. as the newest member to their advisory board.