NACD Partners with Broadridge to Enhance Director/Board Education About Proxy Process, Shareholder Communications

WASHINGTON, July 15 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the only membership organization dedicated to advancing exemplary board leadership, is partnering with Broadridge, a leading provider of securities processing and investor communications services, to support the Association's goal of expanding education initiatives that help corporate boards improve communication with shareholders.

"Increased shareowner engagement, potential new legislation and technological advancements are converging to alter the proxy process as we know it today," said Ken Daly, president and CEO of NACD. "NACD is pleased to welcome Broadridge as a program partner to help our member directors and boards understand the implications of this evolving process and strengthen their own board-shareholder communications."

"NACD plays a critical role in advancing board leadership in a dynamic and demanding environment," said Rich Daly, CEO of Broadridge. "Broadridge is delighted to support NACD's efforts with respect to the role technology plays in providing directors, management and shareholders with more transparent information and with additional, efficient and effective means of communication.  Innovative technologies and social media are dramatically changing the way boards garner information and sentiment from shareholders and they are opening up new lines of communication that significantly enhance transparency for all market participants."

Broadridge's Daly will join a panel of institutional investor representatives and Fortune 500 board members on the subject of board-shareholder communications at the NACD Corporate Governance Conference, October 17-19 in Washington, DC (NACDonline.org/conference).  Other conference speakers include Duncan Niederauer, President of the New York Stock Exchange, and SEC Chairman Mary Schapiro.  Broadridge will also underwrite NACD's Boardroom Excellence Webinar Series of web-based programs for corporate directors, with a particular focus on the role of nominating governance committee chairs, board chairs and lead directors.  This series, beginning September 2010, will be offered on the first Wednesday of each month at Noon Eastern and will focus on hot button issues such as board composition, director nominations, proxy disclosures and other board-shareholder communications. (NACDonline.org)

About NACD

The National Association of Corporate Directors (NACD) is the only membership organization delivering the information and insights that corporate board members need to confidently navigate complex business challenges and enhance shareowner value. With more than 10,000 members, NACD advances exemplary board leadership.  NACD is focused on creating more effective and efficient boards through director-led education and peer forums to share ideas and leading practices based on more than 30 years of primary research. Fostering collaboration among directors and governance stakeholders, NACD is shaping the future of board leadership.  To learn more about NACD, visit NACDonline.org.

About Broadridge

Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $3 trillion in fixed-income and equity trades per day; and saves companies billions annually through its technology solutions.  For more information about Broadridge, please visit www.broadridge.com.

SOURCE National Association of Corporate Directors (NACD)