BOSTON--(EON: Enhanced Online News)--The National Association of Corporate Directors (NACD) New England Chapter announced today the recipients of its annual Director of the Year Awards. The awards will be presented at a formal ceremony on May 3, 2017 at the Seaport Hotel.
“As we look ahead to a year of both uncertainty and opportunity in the global economy, New England continues to distinguish itself as an epicenter of business growth, driven in part by the high caliber of directors who live in and serve our region”
Entering its second decade of honoring regional business leaders, the Director of the Year Awards recognize independent directors of public, private, and non-profit boards who have embraced high standards of corporate governance and who have made valuable contributions to the companies and organizations they serve. This year’s event theme of “Converging Vision and Leadership” illustrates the qualities necessary to guide companies in an evolving business landscape.
“As we look ahead to a year of both uncertainty and opportunity in the global economy, New England continues to distinguish itself as an epicenter of business growth, driven in part by the high caliber of directors who live in and serve our region,” said R. Robert Popeo, co-chair of the NACD New England Chapter and chairman and president of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. “This year’s honorees exemplify the leadership necessary for companies to prosper in today’s rapidly changing business, civic and philanthropic environments, and we take great pride in recognizing their talents and their contributions to the region and to the global business community.”
Nominees for consideration are reviewed by nominating and selection committees made up of a diverse range of New England business and community leaders, who further narrow down candidates through analysis of the extent and impact of nominees’ board activity.
“These honorees are luminaries with a proven track record of guiding their organizations with confidence, integrity, and efficiency,” said Cathy Minehan, 2017 event chair, Director of the Year Awards. “Out of a strong field of candidates, this year’s honorees impressed our selection committee with their talents for bringing transformative growth to the organizations they serve. We are delighted to honor their values, skills, and accomplishments as an example to the region.”
For this year’s the Director of the Year Awards, the NACD New England Chapter will be honoring three individual board members and two boards. The 2017 honorees are:
Lifetime Achievement in Governance: Matina S. Horner. Dr. Horner is an educator, business leader, and community volunteer whose achievements over the course of her career have broken new ground in higher education and beyond. As a researcher, she developed the “fear of success” theory that became a formative tool of the women’s movement. As the sixth (and youngest) president of Radcliffe College, she championed equal access and opportunity for women students, scholars, and faculty at the University and negotiated a new agreement with Harvard that reestablished Radcliffe’s financial independence. Dr. Horner’s accomplishments in governance are no less extraordinary. She served as an independent trustee and chair of the governance and nominating committee of BlackRock’s Equity Liquidity Funds Board until her retirement at the end of 2016 and is currently an honorary trustee and chair of the governance and nominating committee of the Massachusetts General Hospital (MGH). She previously served as the lead independent director of The Neiman Marcus Group and as chairwoman of the board of directors at City Year, the Fund for the City of New York, the Greenwall Foundation, the MGH Institute of Health Professions (where she remains an honorary trustee and which established a professorship in her name), the National Science Foundation (NSF) Advisory Council, and the Revson Foundation. An established thought leader in higher education governance, she served on the boards of the American Council on Education: Business-Higher Education Forum, the Consortium on Financing Higher Education, the American College of Greece, the Longy School of Music, and the New England Colleges Fund. Additional past directorships have included Beth Israel Hospital, the Council on Competitiveness, the Federal Reserve Bank of Boston, Liberty Mutual Insurance Co., the Massachusetts Eye & Ear Infirmary, NStar (formerly Boston Edison) as chair of the audit committee, The Century Foundation (formerly the Twentieth Century Foundation), Time-Warner (formerly Time Inc.), and the UN Association Advisory Panel on US – China Relations.
Dr. Horner graduated cum laude from Bryn Mawr College with an AB in experimental psychology and earned a Master’s degree and PhD in psychology from the University of Michigan. She has received 18 honorary degrees from colleges and universities around the nation. She was named by Jimmy Carter to the President’s Commission for a National Agenda for the 1980s and as chair of its Panel on the Quality of American Life. She is the recipient of a multitude of awards including the Ellis Island Medal.
Leadership in Corporate Governance: Pamela Reeve. Ms. Reeve has dedicated her career to innovation, both as a corporate director and as the former CEO of Lightbridge, Inc, a company she took public and headed for 15 years. She is the lead director of American Tower Corporation, chair of the board of Frontier Communications, and serves on the boards of Sonus Networks and DSM. She is a member of the board of trustees and the executive committee of the Mass Technology Leadership Council, vice chair of the Massachusetts General Physicians Organization Board of Trustees, and chair of Partners Community Physicians Organization. She was the founding CEO of openairboston.net, the Boston wireless initiative that she led from 2006-2008, and in 2011 was appointed by Governor Deval Patrick to the board of the Massachusetts Tech Collaborative. In addition to her leadership on healthcare and technology boards, she is also actively involved in diversity efforts through her work as chair of The Commonwealth Institute. Ms. Reeve is also the co-founder of the Winchester Community Service Foundation, which created the service learning program operating in the Winchester school system since 2004. She earned her undergraduate degree, with honors, from the University of Georgia Honors Program, and her MBA degree, with distinction, from the Harvard Business School.
Myra H. Kraft Award for Non-Profit Leadership: Michael Eisenson. Mr. Eisenson is the co-founder and Chief Executive Officer of Charlesbank Capital Partners, a firm that makes private equity investments primarily on behalf of endowments, foundations, and pension funds. With the same creativity and determination that brought him success in the financial industry, Mr. Eisenson has made a measurable impact on many of the region’s key non-profit institutions through his philanthropy, entrepreneurship, and leadership in governance. He is a founding director of Horizons for Homeless Children, which provides high quality preschool and related services to homeless children and their families in Massachusetts and continues to serve on the organization’s board and Executive Committee. He serves as chair of the board of trustees of Williams College, as vice chair of the board of trustees of the Berklee College of Music, where he has spearheaded a program to expand the school’s urban campus, and as a member of the boards of The Boston Foundation and of the Dana Farber Cancer Institute. In 2013, he was the recipient of the James Pallotta Award given by Big Brothers Big Sisters of Massachusetts in recognition of his contributions to helping at-risk children. He has also served in a leadership role on a number of public and private corporate boards. Mr. Eisenson received a BA in economics from Williams College and a JD and MBA from Yale University.
Public Company Board of the Year: GE. GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive, so we can continue to drive better outcomes for our customers. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. GE relocated its corporate headquarters to Boston in 2016 to be at the center of an ecosystem that’s building the industrial internet and join a city that attracts a diverse, technologically-fluent workforce focused on solving challenges for the world. As part of our move to Boston, the GE Foundation made a five-year, $50 million philanthropic commitment to the community. Through its extraordinary courage and experience, GE's Board of Directors has overseen and steered the company through a series of transformational moves over the last few years to simplify and strengthen its portfolio and position the company for long-term growth. Some of these moves included the sale of a substantial majority of GE Capital’s assets, the largest acquisition in GE’s history (Alstom), and the announced combination of GE’s oil and gas business with Baker Hughes, all while building world-class digital and additive manufacturing businesses.
Private Company Board of the Year: FM Global. Established in Rhode Island nearly two centuries ago, FM Global (www.fmglobal.com) insures more than one out of every three FORTUNE 1000 companies and similar-sized organizations in more than 130 countries. Clients work with FM Global to develop robust property insurance and engineering solutions to protect their business operations from fire, natural disasters, and other types of property risk. Named by Forbes as one of ‘America’s Best Employers,’ the company employs more than 5,400 people in nearly 70 offices worldwide—one-third of which work at the insurer’s Norwood and Waltham office locations in Massachusetts and at its corporate headquarters in Johnston, R.I. and Research Campus in West Glocester, R.I. FM Global has been praised for its inclusive approach to corporate governance. In addition to a diverse 13-director board, made up of leading business executives in fields ranging from manufacturing to academia to professional sports, FM Global’s rigorous corporate governance program includes eight advisory boards, with board approved members, and five risk management executive councils, providing a vital perspective that helps inform the company’s long-term strategy.
The NACD New England Chapter, part of the larger NACD network, is the leading source in New England for corporate governance information, education, and training for directors and CEOs who are committed to raising boardroom standards. NACD has a national presence in Washington, D.C., with 22 active regional chapters, and more than 17,000 director and key executive members around the country. Learn more about NACD membership and general governance information online at www.NACDonline.org.