You do not have permission to edit this page, for the following reasons:

This IP address has been blocked from editing Wikipedia.
This does not affect your ability to read Wikipedia pages.
Most people who see this message have done nothing wrong. Some kinds of blocks restrict editing from specific service providers or telecom companies in response to recent abuse or vandalism, and can sometimes affect other users who are unrelated to that abuse. Review the information below for assistance if you do not believe that you have done anything wrong.

The IP address or range 44.200.0.0/16 has been blocked (disabled) by ‪Blablubbs‬ for the following reason(s):

The IP address that you are currently using has been blocked because it is believed to be a web host provider or colocation provider. To prevent abuse, web hosts and colocation providers may be blocked from editing Wikipedia.
You will not be able to edit Wikipedia using a web host or colocation provider because it hides your IP address, much like a proxy or VPN.
We recommend that you attempt to use another connection to edit. For example, if you use a proxy or VPN to connect to the internet, turn it off when editing Wikipedia. If you edit using a mobile connection, try using a Wi-Fi connection, and vice versa. If you are using a corporate internet connection, switch to a different Wi-Fi network. If you have a Wikipedia account, please log in.
If you do not have any other way to edit Wikipedia, you will need to request an IP block exemption.

How to appeal if you are confident that your connection does not use a colocation provider's IP address:
If you are confident that you are not using a web host, you may appeal this block by adding the following text on your talk page: ((unblock|reason=Caught by a colocation web host block but this host or IP is not a web host. My IP address is _______. Place any further information here. ~~~~)). You must fill in the blank with your IP address for this block to be investigated. Your IP address can be determined here. Alternatively, if you wish to keep your IP address private you can use the unblock ticket request system. There are several reasons you might be editing using the IP address of a web host or colocation provider (such as if you are using VPN software or a business network); please use this method of appeal only if you think your IP address is in fact not a web host or colocation provider.

Administrators: The IP block exemption user right should only be applied to allow users to edit using web host in exceptional circumstances, and requests should usually be directed to the functionaries team via email. If you intend to give the IPBE user right, a CheckUser needs to take a look at the account. This can be requested most easily at SPI Quick Checkuser Requests. Unblocking an IP or IP range with this template is highly discouraged without at least contacting the blocking administrator.

This block will expire on 16:45, 10 February 2025.

Even when blocked, you will usually still be able to edit your user talk page, as well as email administrators and other editors.

For information on how to proceed, please read the FAQ for blocked users and the guideline on block appeals. The guide to appealing blocks may also be helpful.

Other useful links: Blocking policy · Help:I have been blocked
Your IP address is in a range that has been blocked on all Wikimedia Foundation wikis. The block was made by ‪AntiCompositeNumber‬. The reason given is Open proxy/Webhost: Visit the FAQ if you are affected .
- Start of block: 13:55, 18 August 2022
- Expiry of block: 13:55, 18 March 2025
Your current IP address is 44.200.254.7. The blocked range is 44.200.0.0/16. Please include all above details in any queries you make. If you believe you were blocked by mistake, you can find additional information and instructions in the No open proxies global policy. Otherwise, to discuss the block please post a request for review on Meta-Wiki. You could also send an email to the stewards VRT queue at stewards@wikimedia.org including all above details.

You can view and copy the source of this page:

((Short description|American professional association))
((More citations needed|date=August 2012))
((Infobox organization
| name              = National Association of Corporate Directors
| logo              = NACD logo.svg
| type              = National Director Membership Organization
| founded_date      = ((start date and age|1977|12|19))
| founder           = 
| location          = 1515 N. Courthouse Road, Suite 1200 <br />[[Arlington, Virginia]], U.S.
| origins           = 
| key_people        = [[Reatha King|Reatha Clark King]], [[Barbara Hackman Franklin]] Oz Hightower 
| area_served       = Nationwide
| focus             = Director education, board development, director recruitment services, credentialing
| method            = Public, private and nonprofit company surveys, educational events, conferences, publications
| revenue           = 
| endowment         = 
| num_volunteers    = 
| num_employees     = 
| num_members       = 23,000
| owner             = 
| Non-profit_slogan = 
| homepage          = ((URL|http://www.nacdonline.org/))
| dissolved         = 
| footnotes         = 
))

The '''National Association of Corporate Directors''' ('''NACD''') is an independent, not-for-profit, section [[501(c)(3)]] founded in 1977 and headquartered in [[Arlington, Virginia]]. NACD's membership includes the entire boards of 1,700+ corporations as well as several thousand individual members, for a total of more than 23,000 members.<ref>((Cite web|title=About NACD|url=https://www.nacdonline.org/about/index.cfm?itemnumber=49121|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> Membership is open to individuals serving on boards of public, private, and nonprofit organizations from both the United States and overseas.<ref>((cite web|url=https://www.nacdonline.org/Membership/?navItemNumber=567|title=NACD - Why Join? - NACD Membership|website=Nacdonline.org|access-date=10 July 2017|archive-url=https://web.archive.org/web/20171019220829/https://www.nacdonline.org/Membership/?navItemNumber=567|archive-date=19 October 2017|url-status=dead))</ref> The organization is registered with the [[National Association of State Boards of Accountancy]] as a sponsor of continuing professional education on the National Registry of CPE Sponsors.<ref>((cite web
| publisher = Learning Market
| url =http://www.learningmarket.org/page.cfm/Action=Exhib/ExhibID=1314
| title = National Association of Corporate Directors Company Profile
| access-date = 1 July 2012))</ref>

NACD operates at both a national and local level, with more than 20 chapters across 35 major metropolitan cities within the United States providing educational programs and networking opportunities.<ref name="NACD Chapters">((Cite web|title=NACD Chapters|url=https://www.nacdonline.org/events/content.cfm?itemnumber=54733|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref>

The organization collaborates with various other organizations such as [[Heidrick & Struggles]], [[KPMG]]'s Audit Committee Institute, [[Marsh & McLennan Companies]], Pearl Meyer & Partners, and [[Sidley Austin]].<ref>((Cite web|title=Partner With Us|url=https://www.nacdonline.org/about/content.cfm?itemnumber=55724|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref><ref>((cite web
| work = Forbes
| url =https://www.forbes.com/sites/brucerogers/2012/05/15/top-companies-reluctant-to-increase-director-compensation-according-to-new-study-from-national-association-of-corporate-boards/
| title = Top Companies Reluctant to Increase Director Compensation
| access-date = May 5, 2012))</ref>

==History==
NACD was founded in 1977 with the goal to educate directors. In 1978 it announced the first comprehensive Director Education Program. Ten years later, NACD recognized the first Director of the Year.<ref>((cite web
| publisher = NACD
| url =http://www.nacdonline.org/DOY/
| title = NACD Director of the Year
| access-date = 1 July 2012))</ref><ref name="nacdonline1">((cite web
| publisher = NACD
| url =http://www.nacdonline.org/files/FileDownloads/PDF/NACD-Annual-Report-2012.pdf
| title = Advancing Exemplary Board Leadership
| access-date = 1 July 2012))</ref> In 1993, NACD published its first Blue Ribbon Commission Report, offering ten principles to guide audit committees and their oversight of financial reporting as well as risk management and internal and external auditors.<ref>
((cite web
| publisher = NACD
| url = http://www.theiia.org/bookstore/product/report-of-the-nacd-blue-ribbon-commission-on-the-audit-committee-1523.cfm
| title = Report of the NACD Blue Ribbon Commission on The Audit Committee
| access-date = 1 July 2012
| archive-url = https://web.archive.org/web/20160304054341/http://www.theiia.org/bookstore/product/report-of-the-nacd-blue-ribbon-commission-on-the-audit-committee-1523.cfm
| archive-date = 4 March 2016
| url-status = dead
| df = dmy-all
))
</ref> In the early 2000s, NACD's Blue Ribbon Commission Report on Board Evaluations helped optimize board composition, while the organization helped shape [[Sarbanes-Oxley]] and influence the new [[New York Stock Exchange]] (NYSE) and [[NASDAQ]] listing rules.<ref name="nacdonline1"/> In 2004, NACD co-found the Global Director Development Circle, launched in response to the need to keep directors ahead of international corporate governance and legislation.<ref>((cite web
| publisher = Scribd
| url =https://www.scribd.com/doc/12751008/The-Global-Director-Development-Circle
| title = Global Director Development Circle
| access-date = 1 July 2012))</ref> This program led NACD to globalize the Certificate of Director Education program in 2006. The program has since evolved into the Global Network of Director Institutes.<ref>http://www.globenewswire.com/news-release/2013/01/07/514988/10017276/en/NACD-and-Eight-Other-Leading-Corporate-Director-Membership-Organizations-Form- ((dead link|date=July 2017))</ref> In 2010, NACD acquired Directorship magazine, a magazine dedicated for today's corporate officers and board of directors.<ref name="nacdonline1"/><ref>((cite web
| publisher = NACD
| url =http://www.nacdonline.org/files/FileDownloads/PDF/NACD-Annual-Report-2012.pdf
| title = Directorship
| access-date = 1 July 2012))</ref>

==Mission==
NACD's mission, as stated on its website, is to elevate board performance by providing the information and insights that board members need to confidently navigate business challenges and enhance shareowner value.<ref>((cite web
| publisher = NACD
| url =http://www.nacdonline.org/AboutUs/content.cfm?ItemNumber=709&navItemNumber=590
| title = Vision and Mission
| access-date = 1 July 2012))</ref>

==Advocacy==
NACD serves as a resource during the legislative process by regularly sending research, publications and comment letters to the United States Congress, the [[U.S. Securities and Exchange Commission|United States Security and Exchange Commission]]<ref>((cite press release|url=http://www.prnewswire.com/news-releases/sustained-ethical-corporate-culture-at-risk-from-proposed-sec-whistleblower-rules-112179459.html|title=Sustained Ethical Corporate Culture at Risk From Proposed SEC Whistleblower Rules|first=National Association of Corporate|last=Directors|website=Prnewswire.com|access-date=10 July 2017))</ref><ref>((cite web|url=https://www.sec.gov/comments/s7-33-10/s73310-135.pdf |title=Request for Comment #6 |website=Sec.gov |date= |access-date=2017-07-10))</ref> and the [[Public Company Accounting Oversight Board]].<ref>((cite web|url=http://pcaobus.org/Rules/Rulemaking/Pages/Docket037Statements.aspx|title=Public Meeting Statements for Docket 037|website=pcaobus.org|access-date=10 July 2017))</ref><ref>((cite web |url=http://pcaobus.org/Rules/Rulemaking/Docket029/038c_NACD.pdf |title=Archived copy |website=pcaobus.org |access-date=15 January 2022 |archive-url=https://web.archive.org/web/20150618192841/http://pcaobus.org/Rules/Rulemaking/Docket029/038c_NACD.pdf |archive-date=18 June 2015 |url-status=dead))</ref> NACD employees have testified and conferred with key committees as they prepare for Congressional hearings. Research provided by NACD is cited in the legislative and regulatory arenas, providing statistics regarding boards as well as leading practices addressing key issues, such as boardroom compensation.<ref>((cite web
| publisher = The Metropolitan Corporate Counsel
| url =http://www.metrocorpcounsel.com/articles/19265/nacd-helping-companies-make-better-decisions
| title = NACD: Helping Companies Make Better Decisions
| access-date = 1 July 2012))</ref>

==Courses and events==
NACD delivers more than 400 programs nationwide to 22,000+ directors each year.<ref name=":0">((Cite web|title=Calendar|url=https://www.nacdonline.org/events/index.cfm?itemnumber=51754|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> These include national and chapter events, foundation courses, annual Summit, peer to peer roundtables, specialty events, and online learning opportunities.<ref name=":0" />

=== NACD summit ===
NACD's annual summit is the largest and most influential director forum in the world.<ref name=":1">((Cite web|title=NACD Summit 2020|url=http://summit.nacdonline.org/|access-date=2020-10-21|website=Virtual NACD Summit 2020|language=en))</ref> The event gathers thousands of directors each year.<ref name=":1" />

=== Special events ===
NACD specialty programming includes signature annual events and new programming to reflect emerging trends in the directorship field.<ref>((Cite web|title=Special Events|url=https://www.nacdonline.org/events/content.cfm?itemnumber=53453|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> These events include From Battlefield to Boardroom,<ref>((Cite web|title=2021 Battlefield to Boardroom|url=https://www.nacdonline.org/events/detail.cfm?itemnumber=67484|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> NACD Directorship 100,<ref>((Cite web|title=Directorship 100|url=https://directorship100.nacdonline.org/|access-date=2020-10-21|website=NACD Directorship 100 Gala|language=en))</ref> and the NACD NXT Gala.<ref>((Cite web|title=NXT - Awards|url=https://www.nacdonline.org/nxt/content.cfm?itemnumber=60571|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref>

=== Foundation courses ===
NACD offers director education courses as the foundation of two NACD credentials, NACD ''Fellowship'' and NACD Directorship Certification.

Director Professionalism is the prerequisite course for certification and provides directors with boardroom fundamentals.<ref name=":2">((Cite web|title=Foundation Courses Overview|url=https://www.nacdonline.org/events/foundation.cfm?itemnumber=54144|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref>

Experienced directors looking to become ''NACD Board Leadership Fellows'' must attend NACD Master Class''.'' The course offers fireside chats with prominent CEOs, analysis of emerging disruptions, and a forum for candid discussions with director peers.<ref name=":2" />

=== Virtual learning ===
NACD's virtual learning programs offer comprehensive education for current and aspiring boardroom leaders. Programs include webinars, Directorship Essentials Series, and the Art of Directorship Series.<ref>((Cite web|title=Virtual Learning Programs|url=https://www.nacdonline.org/events/content.cfm?itemnumber=53487|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref>

=== Peer-to-peer programs ===
NACD offers various peer programming throughout the year.<ref>((Cite web|title=Peer to Peer Programs|url=https://www.nacdonline.org/events/content.cfm?itemnumber=53439|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> Programs include Advisory Councils,<ref>((Cite web|title=NACD Fortune 500 Committee Chair Advisory Councils|url=https://www.nacdonline.org/events/content.cfm?itemnumber=53484|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> General Counsel programming,<ref>((Cite web|title=General Counsel Overview|url=https://www.nacdonline.org/events/series.cfm?itemnumber=54142|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> and Chapter programs.<ref name="NACD Chapters"/>

== Credentials ==
NACD enables directors to earn credentials that demonstrate a commitment to continuous learning and board leadership. NACD aims to help directors stay ahead of emerging issues and connect with a distinguished network of NACD-credentialed directors.<ref>((Cite web|title=Credentials|url=https://www.nacdonline.org/credentials/content.cfm?itemnumber=66235|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref>

=== NACD directorship certification ===
NACD's directorship certification is the premier US-based certification program designed to qualify corporate directors for effective boardroom performance. Based on a professional examination and continuing education, this certification verifies that directors possess the knowledge, expertise, and skills needed to discharge their fiduciary responsibilities as board members.<ref>((Cite web|title=NACD Directorship Certification®|url=https://certification.nacdonline.org/|access-date=2020-10-21|website=NACD Certification|language=en))</ref>

=== NACD fellowship ===
The NACD Board Leadership Fellowship program provides experienced board leaders with a pathway of continuous insights, boardroom intelligence, and leading boardroom practices.<ref>((Cite web|title=NACD Fellowship|url=https://www.nacdonline.org/credentials/content.cfm?itemnumber=53438|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref>

=== Cyber Risk Oversight Certificate ===
NACD has partnered with the CERT Division of the Software Engineering Institute at Carnegie Mellon University and Ridge Global to develop the Cyber-Risk Oversight Program.<ref name=":3">((Cite web|title=Cyber-Risk Oversight Program|url=https://www.nacdonline.org/events/detail.cfm?itemnumber=37092|access-date=2020-10-21|website=www.nacdonline.org|language=en))</ref> This program is designed for directors who wish to enhance their understanding of enterprise cyber-risk issues. The course confers the CERT Certificate in Cybersecurity Oversight, a tangible credential that demonstrates a commitment to cybersecurity literacy.<ref name=":3" />

==Resources==
* ''NACD Director Compensation Report'': analyzes annual pay levels and practices among 1,400 companies across 24 industries with revenue from $50 million to more than $10 billion. NACD and Pearl Meyer & Partners annually release the NACD Director Compensation Report.<ref>((cite web
| work = Forbes
| url =https://www.forbes.com/sites/brucerogers/2012/05/15/top-companies-reluctant-to-increase-director-compensation-according-to-new-study-from-national-association-of-corporate-boards/
| title = Top Companies Reluctant to Increase Director Compensation
| access-date = 1 July 2012))</ref><ref>((cite web|url=http://www.pearlmeyer.com/2014-15directorcompreport|title=NACD/Pearl Meyer 2016-2017 Director Compensation Report|date=2 August 2016|website=Pearlmeyer.com|access-date=10 July 2017))</ref>
* ''NACD Fortune 500 Committee Chair Advisory Council Briefs'': NACD regularly convenes Fortune 500 board committee chairs, investors, regulators, and leading governance professionals to discuss key issues impacting the audit, compensation, nominating and governance and risk committees.<ref>((cite press release|url=http://www.prnewswire.com/news-releases/nacd-convenes-nominating-and-governance-committee-chair-advisory-council-to-identify-leading-boardroom-practices-135258503.html|title=NACD Convenes Nominating and Governance Committee Chair Advisory Council to Identify Leading Boardroom Practices|first=National Association of Corporate|last=Directors|website=Prnewswire.com|access-date=10 July 2017))</ref><ref>((cite press release|url=http://globenewswire.com/news-release/2013/05/02/543887/10031182/en/NACD-Gathers-Fortune-500-Committee-Chairs-for-Advisory-Council-on-Risk-Oversight.html|title=NACD Gathers Fortune 500 Committee Chairs for Advisory Council on Risk Oversight|first=National Association of Corporate|last=Directors|website=Globalnewswire.com|date=2 May 2013|access-date=10 July 2017))</ref><ref>((cite web|url=https://www.linkedin.com/grp/post/3834048-237726274|title=LinkedIn Groups|website=Linkedin.com|access-date=10 July 2017))</ref>
* ''Annual Governance Surveys'': annual surveys of more than 1,000 public, private and nonprofit directors on leading governance practices.<ref>((cite web|url=http://www.mckinsey.com/insights/leading_in_the_21st_century/ceo_succession_starts_with_developing_your_leaders|title=CEO succession starts with developing your leaders|website=McKinsey & Company|access-date=10 July 2017))</ref><ref>((cite web|url=http://www.heidrick.com/Knowledge-Center/Publication/When-looking-inside-for-your-next-CEO|title=When looking inside for your next CEO|website=Heidrick.com|access-date=10 July 2017))</ref>
* ''NACD Directorship Magazine'': the official magazine of NACD, reporting on current issues of importance to directors and boards.<ref>((cite web|url=http://www.directorship.com|title=NACD Directorship Magazine - NACD Directorship Magazine|website=Directorship.com|access-date=10 July 2017|archive-url=https://web.archive.org/web/20080514172847/http://www.directorship.com/|archive-date=14 May 2008|url-status=dead|df=dmy-all))</ref>
* ''NACD Director Handbook Series'': guidance on issues such as cyber-risk oversight, corporate sustainability, effective director onboarding practices and other topics.<ref>((cite web|url=https://www.us-cert.gov/ccubedvp/getting-started-business|title=Resources for Business - US-CERT|website=Us-cert.gov|access-date=10 July 2017))</ref><ref>((cite web|url=http://www.ey.com/Publication/vwLUAssets/NACD-EY-taking-sustainability-awareness-to-the-board-level/$FILE/NACD-EY-taking-sustainability-awareness-to-the-board-level.pdf |title=NACD-EY Sustainability Oversight Handbook - Executive Summary_Final.pdf |website=Ey.com |date= |access-date=2017-07-10))</ref>

==Role in the corporate governance movement==
In 2001 and 2002, the unexpected bankruptcies of [[Enron]]<ref>((cite web
| publisher = Securities and Exchange Commission
| url =https://www.sec.gov/spotlight/enron.htm
| title =Spotlight on Enron
| access-date = December 3, 2007))</ref> and [[WorldCom]]<ref>((cite web
| publisher = Securities and Exchange Commission
| url =https://www.sec.gov/spotlight/worldcom.htm
| title = Spotlight on SEC v. WorldCom
| access-date = December 3, 2007))</ref> brought increased public and government attention to corporate governance and the role of the board of directors.  In February 2002, Roger Raber, former CEO of NACD, was called to testify before [[House Energy and Commerce Committee]], chaired by [[Billy Tauzin]] (R-LA), regarding the failure of Enron Corporation.<ref>((cite web
| publisher = The House Committee on Energy and Commerce
| url =http://energycommerce.house.gov/reparchives/107/hearings/02062002Hearing483/Raber783.htm
| title = Developments Relating to Enron Corp: Prepared Witness Testimony, Roger W. Raber
| date = February 6, 2002
| access-date = December 3, 2007 |archive-url = https://web.archive.org/web/20071129124130/http://energycommerce.house.gov/reparchives/107/hearings/02062002Hearing483/Raber783.htm <!-- Bot retrieved archive --> |archive-date = November 29, 2007))</ref>  At request of Committee,  Raber submitted 10 suggested standards, based on the Report of the NACD Blue Ribbon Commission on Director Professionalism (1996/2001/2005), for public company governance, submitting same to the [[New York Stock Exchange]] (NYSE) and the [[NASDAQ]] on May 1, 2002. In November 2003, the [[Securities and Exchange Commission]] approved new listing requirements for both, which were influenced by NACD's recommendations.

The ten core recommendations are as follows:<ref>((cite web
| publisher = National Association of Corporate Directors
| url =http://www.nacdonline.org/nacd/enron_recommendations.asp
| title =Recommendations to Congress
| access-date = December 18, 2007 |archive-url = https://web.archive.org/web/20071025181012/http://www.nacdonline.org/nacd/enron_recommendations.asp <!-- Bot retrieved archive --> |archive-date = October 25, 2007))</ref>

* Boards should be composed of a substantial majority of [[Non-executive director|independent directors]]. At a minimum, these directors should meet the definition of “independent director” as defined under relevant SRO standards, although boards may consider adopting even more stringent standards of independence. Furthermore, boards should formulate and adhere to clear conflict of interest policies applicable to all board members.
* Boards should require that key committees—including but not limited to audit, compensation, and governance/nominating—be composed entirely of independent directors, and are free to hire independent advisors as necessary.
* Each key committee should have a board-approved written charter detailing its duties. [[Audit committee]] duties, at a minimum, should include two key elements: a) oversight of the quality and integrity of financial reports and the process that produces them; b) oversight of the management of risk. Compensation committee duties should include performance goals that align the pay of managers with the long-term interests of shareholders. Governance/nominating committee duties should include setting board and committee performance goals and nominating directors and committee members with the qualifications and time to meet these goals.
* Boards should consider formally designating an independent director as chairman or lead director. If they do not make such a designation, they should designate, regardless of title, an independent member to lead the board in its most critical functions, including setting board agendas with the CEO, evaluating CEO and board performance, holding executive sessions, and anticipating and responding to corporate crises.
* Boards should regularly and formally evaluate the performance of the CEO, other senior managers, the board as a whole, and individual directors. Independent directors should control the methods and criteria for this evaluation.
* Boards should review the adequacy of their companies’ compliance and reporting systems at least annually. In particular, boards should ensure that management pays strict attention to ethical behavior and compliance with laws and regulations, approved auditing and accounting principles, and with internal governing documents. In addition to meeting the current requirements for disclosure of management compensation, boards should disclose the total value of each director's compensation, including the value of any stock options or grants awarded during the year.
* Boards should adopt a policy of holding periodic sessions of independent directors only. These meetings should provide board and committee members the opportunity to react to management proposals and/or actions in an environment free from formal or informal constraints.
* Audit committees should meet independently with both the internal and independent auditors.
* Boards should be constructively engaged with management to ensure the appropriate development, execution, monitoring, and modification of their companies’ strategies. The nature and extent of the board's involvement in strategy will depend on the particular circumstances of the company and the industry or industries in which it is operating.
* Boards should provide new directors with a director orientation program to familiarize them with their companies’ business, industry trends, and recommended governance practices. Boards should also ensure that directors are continually updated on these matters.

==NACD and the Securities and Exchange Commission==
* 2003-2004 Former NACD CEO Roger Raber and former NACD Chair B. Kenneth West co-signed three letters on Re: File Number S7-19-03 “Security Holder Director Nominations” (34-48626).<ref>[https://www.sec.gov/rules/proposed/s71903/nacd122203.htm December 22, 2003]</ref><ref>[https://www.sec.gov/rules/proposed/s71903/nacd030904.htm March 9, 2004]</ref><ref>https://www.sec.gov/rules/proposed/s71903/nacd032604.pdf March 26, 2004</ref>  During this time NACD Board member Warren Batts appeared at an SEC Roundtable devoted to the topic.<ref>https://www.sec.gov/spotlight/dir-nominations/transcript03102004.txt ((Bare URL plain text|date=March 2022))</ref> 
* 2005- 2006 NACD Director Michelle Hooper wrote a letter<ref>https://www.sec.gov/spotlight/soxcomp/soxcomp-hooper.pdf March 31, 2005</ref> and participated twice at SEC-PCAOB Roundtables<ref>https://www.sec.gov/spotlight/soxcomp/soxcomp-trans.txt April 2005</ref><ref>https://www.sec.gov/spotlight/soxcomp/mhooper050106.pdf May 2006</ref> regarding internal control reporting and auditing provisions of Section 404 of the Sarbanes-Oxley Act. Another NACD Director, the [[Barbara Franklin|Barbara Hackman Franklin]], has similarly participated, under her own name, rather than as an NACD representative.<ref>https://www.sec.gov/spotlight/soxcomp/bhfranklin050306.pdf ((Bare URL PDF|date=March 2022))</ref>
* 2009 NACD President and CEO Ken Daly and Chair Barbara Hackman Franklin co-signed a letter to Elizabeth Murphy, Secretary of the U.S. Securities and Exchange Commission, commenting on the proposed rule on proxy disclosure and solicitation enhancements.<ref>((cite web|url=https://www.sec.gov/comments/s7-13-09/s71309-94.pdf |title=Microsoft Word - SEC Comment Letter II 091509.doc |website=Sec.gov |date= |access-date=2017-07-10))</ref>
* 2011 NACD President and CEO Ken Daly testified before the U.S. House of Representatives Subcommittee on Capital Markets and Government Sponsored Enterprises, commenting on the legislative proposals to address the negative consequences of the Dodd-Frank whistleblower provisions.<ref>((cite web |url=https://www.sec.gov/comments/s7-33-10/s73310-312.pdf |title=Archived copy |access-date=2015-07-10 |url-status=dead |archive-url=https://web.archive.org/web/20150711084339/https://www.sec.gov/comments/s7-33-10/s73310-312.pdf |archive-date=2015-07-11 ))</ref>
* 2013 NACD President and CEO Ken Daly and Chair [[Reatha King|Reatha Clark King]] co-signed a letter to Elizabeth Murray, Secretary of the U.S. Securities and Exchange Commission, commenting on the proposed rule for pay ratio disclosure, issued by the SEC on September 18, 2013.<ref>((cite web |url=https://www.sec.gov/comments/s7-07-13/s70713-500.pdf |title=Archived copy |access-date=2015-07-10 |url-status=dead |archive-url=https://web.archive.org/web/20150711093600/https://www.sec.gov/comments/s7-07-13/s70713-500.pdf |archive-date=2015-07-11 ))</ref>

==References==
((Reflist))

==External links==
* [http://www.nacdonline.org/ National Association of Corporate Directors Homepage]

((Authority control))

((DEFAULTSORT:National Association Of Corporate Directors))
[[Category:Business organizations based in the United States]]
[[Category:Corporate governance in the United States]]
[[Category:1977 establishments in the United States]]
[[Category:Organizations established in 1977]]

Pages transcluded onto the current version of this page (help):

National Association of Corporate Directors (edit)
Template:Ambox (view source) (template editor protected)
Template:Authority control (view source) (template editor protected)
Template:Bare URL PDF (view source) (template editor protected)
Template:Bare URL plain text (view source) (semi-protected)
Template:Category handler (view source) (protected)
Template:Cite press release (view source) (protected)
Template:Cite web (view source) (protected)
Template:Comma separated entries (view source) (template editor protected)
Template:Dead link (view source) (template editor protected)
Template:Delink (view source) (protected)
Template:Find sources mainspace (view source) (template editor protected)
Template:Fix (view source) (protected)
Template:Fix/category (view source) (protected)
Template:Hlist/styles.css (view source) (protected)
Template:If empty (view source) (protected)
Template:Infobox (view source) (template editor protected)
Template:Infobox organization (view source) (template editor protected)
Template:Longitem (view source) (template editor protected)
Template:MONTHNAME (view source) (template editor protected)
Template:MONTHNUMBER (view source) (template editor protected)
Template:Main other (view source) (protected)
Template:More citations needed (view source) (template editor protected)
Template:Pagetype (view source) (protected)
Template:Plainlist/styles.css (view source) (protected)
Template:Reflist (view source) (protected)
Template:Reflist/styles.css (view source) (protected)
Template:SDcat (view source) (protected)
Template:Short description (view source) (protected)
Template:Short description/lowercasecheck (view source) (protected)
Template:Start date and age (view source) (template editor protected)
Template:Template other (view source) (protected)
Template:Time ago (view source) (template editor protected)
Template:Tooltip (view source) (template editor protected)
Template:Tooltip/styles.css (view source) (template editor protected)
Template:Trim (view source) (protected)
Template:URL (view source) (template editor protected)
Template:Unbulleted list (view source) (template editor protected)
Template:Yesno (view source) (protected)
Template:Yesno-no (view source) (template editor protected)
Template:Yesno-yes (view source) (template editor protected)
Module:Arguments (view source) (protected)
Module:Authority control (view source) (template editor protected)
Module:Authority control/auxiliary (view source) (template editor protected)
Module:Authority control/config (view source) (template editor protected)
Module:Category handler (view source) (protected)
Module:Category handler/blacklist (view source) (protected)
Module:Category handler/config (view source) (protected)
Module:Category handler/data (view source) (protected)
Module:Category handler/shared (view source) (protected)
Module:Check for unknown parameters (view source) (protected)
Module:Citation/CS1 (view source) (protected)
Module:Citation/CS1/COinS (view source) (protected)
Module:Citation/CS1/Configuration (view source) (protected)
Module:Citation/CS1/Date validation (view source) (protected)
Module:Citation/CS1/Identifiers (view source) (protected)
Module:Citation/CS1/Utilities (view source) (protected)
Module:Citation/CS1/Whitelist (view source) (protected)
Module:Citation/CS1/styles.css (view source) (protected)
Module:Date (view source) (template editor protected)
Module:Delink (view source) (protected)
Module:Disambiguation/templates (view source) (protected)
Module:EditAtWikidata (view source) (protected)
Module:Find sources (view source) (template editor protected)
Module:Find sources/config (view source) (template editor protected)
Module:Find sources/links (view source) (template editor protected)
Module:Find sources/templates/Find sources mainspace (view source) (template editor protected)
Module:If empty (view source) (protected)
Module:Infobox (view source) (template editor protected)
Module:Infobox/styles.css (view source) (template editor protected)
Module:InfoboxImage (view source) (template editor protected)
Module:List (view source) (protected)
Module:Message box (view source) (protected)
Module:Message box/ambox.css (view source) (protected)
Module:Message box/configuration (view source) (protected)
Module:Namespace detect/config (view source) (protected)
Module:Namespace detect/data (view source) (protected)
Module:Navbar (view source) (protected)
Module:Navbar/configuration (view source) (protected)
Module:Navbox (view source) (template editor protected)
Module:Navbox/configuration (view source) (template editor protected)
Module:Navbox/styles.css (view source) (template editor protected)
Module:Pagetype (view source) (protected)
Module:Pagetype/config (view source) (protected)
Module:Pagetype/disambiguation (view source) (protected)
Module:Pagetype/setindex (view source) (protected)
Module:Pagetype/softredirect (view source) (protected)
Module:SDcat (view source) (protected)
Module:Separated entries (view source) (protected)
Module:String (view source) (protected)
Module:TableTools (view source) (protected)
Module:Time ago (view source) (template editor protected)
Module:URL (view source) (template editor protected)
Module:Unsubst (view source) (protected)
Module:Wikitext Parsing (view source) (protected)
Module:Yesno (view source) (protected)

Return to National Association of Corporate Directors.

Retrieved from "https://en.wikipedia.org/wiki/National_Association_of_Corporate_Directors"