NEW YORK, March 22, 2011 (GLOBE NEWSWIRE) -- nasdaq OMX (Nasdaq:NDAQ) today announced a unique partnership with the National Association of Corporate Directors (NACD) to provide corporate directors and board executives with NACD's leading suite of director education and board development programs.
The cornerstone of the partnership will focus on encouraging NASDAQ OMX-listed company boards and directors to engage with NACD to reduce risk and enhance investor confidence. NASDAQ OMX and NACD will enhance NASDAQ OMX's online board portal, Directors Desk, by strategically integrating superior content and leading information to equip directors and board members with the tools necessary to improve governance, transparency and effectiveness. Additionally, the partnership will reinforce the importance of all directors to be professionally committed to recurring education.
"For NASDAQ OMX Global Corporate Solutions , and specifically Directors Desk, this alliance broadens the dynamic resources we provide to boards members, helping corporations further mitigate risk and increase shareholder value," said Bruce Aust, Executive Vice President, Corporate Client Group Management, NASDAQ OMX. "We know that informed directors are empowered directors, so we want to make high-quality director education accessible to all of our listed companies. Our alliance with NACD—the recognized leader in director education—further strengthens our commitment to helping companies improve governance and increase efficiency and transparency in the changing corporate landscape."
"At NACD, our mission is to advance exemplary board leadership by delivering the knowledge and insight that board members need to confidently navigate complex business challenges and add value to the boards on which they sit," said Ken Daly, president and CEO, NACD. "We are proud to say that many directors from NASDAQ-listed companies are already members of NACD. Through this new partnership, we will be able to provide even more directors and key executives with actionable resources and information from publications and online classes to conferences and Director Professionalism courses and even customized benchmarking reports to help boards evaluate themselves against their peers."
By aligning, NASDAQ OMX and NACD will provide the board community with dynamic, superior board development tools and director education resources to support their companies in following the highest standards of corporate conduct and compliance. Directors and board executives from NASDAQ OMX-listed companies can learn more about NACD's exclusive offerings at www.NACDonline.org/NASDAQ.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
The National Association of Corporate Directors (NACD) is the only membership organization delivering the information and insights that corporate board members need to confidently confront complex business challenges and enhance shareowner value. With 11,000 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. To join, please contact Kelly Dodd at firstname.lastname@example.org or 202-380-1891.
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