National Association of Corporate Directors

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.

Together, NACD and the Chapter Network engage directors looking to cultivate meaningful peer relationships, share real-world experiences and build their knowledge.

[4] Formed in 2012 to enhance collaboration among its members, GNDI provides directors and their boards with access to a wide array of global resources.

[5] The organization collaborates with various industry leaders such as KPMG International, Sidley Austin, Pearl Meyer, Russell Reynolds Associates, and many more to provide directors with impactful information and data on the topics and practices they value most in corporate governance and board leadership.

And their vision is that corporate boards are recognized as trusted catalysts of economic change - in business and in the communities they serve.

[18] It provides educational advocacy and is a valuable resources to policymakers and regulators that have a role in helping corporate directors achieve good governance and create trust in capital markets.

NACD's relationship with policymakers and regulators creates two-way engagement and information sharing and helps it meet its mission to empower and transform boards to be future ready.

NACD submitted a comment letter to the FDIC in 2024 expressing concern that proposed governance and risk management standards could create many unintended consequences beyond the banking system.

Also, the SEC incorporated NACD feedback on the role of the board versus management, as they cited in the final climate disclosure rule.

[24] NACD Directors Summit is an annual event for members where the most influential minds in governance gather to advance board effectiveness.

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.

[38] 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.

In February 2002, Roger Raber, former CEO of NACD, was called to testify before the House Energy and Commerce Committee, chaired by Billy Tauzin (R-LA), regarding the failure of Enron Corporation.