WASHINGTON, Sept. 19, 2016 (GLOBE NEWSWIRE) -- The National Association of Corporate Directors(NACD), the standard setter for responsible board leadership, today announced that Peter R. Gleason, current president of NACD, will become president and CEO of NACD in January 2017. After nearly 10 years as CEO, Ken Daly will retire on January 25, 2017.

“My time at NACD has been very special. We have built a terrific team and a culture of excellence. Most important to me, NACD serves as the undisputed voice of the director, and I am pleased with the trust that stakeholders have with our team. Peter will take NACD to new levels of excellence, and the board and I are extremely enthusiastic about the future for NACD under Peter’s leadership,” said Daly.

Since his appointment as CEO in May 2007, Ken Daly has transformed NACD into the recognized authority on responsible board leadership. In doing so, he has sharpened NACD’s strategy around the increasingly rigorous expectations of boards of directors, which includes building long-term company value creation, investor trust, and public confidence. Further, Ken has assembled a multi-faceted, dynamic team that performs with a relentless focus on driving impact and value for NACD’s nearly 18,000 director members.

Ken’s contributions have been invaluable to the growth of the business. His growth-oriented leadership and passion for helping directors to lead with confidence in the boardroom reinvigorated the organization and created a culture of excellence that will serve NACD well into the future.

During Ken’s tenure as CEO, his inspirational leadership has enabled the NACD team to

• grow from 22 to more than 100 professionals;
• triple membership to nearly 18,000;
• increase membership retention to 90%; and
• enlighten more than 20,000 directors annually at more than 400 events.

“I applaud Ken for his extraordinary vision as CEO and stellar leadership of NACD,” said NACD Board Chair Karen Horn on behalf of the NACD board of directors. “Under Ken’s leadership, NACD has developed strong brand awareness and is poised for long-term success.”

Peter Gleason joined NACD in October 2000 after serving as vice president of Institutional Shareholder Services (ISS) and as a consultant with EY. During Peter’s 16 years with NACD, he has served as: vice president and director of research where he was responsible for leading the creation all of NACD’s intellectual capital including 16 NACD Blue Ribbon Commission reports; chief operating officer; and managing director and chief financial officer. Peter was appointed president of NACD in January 2015.

“Ken has been an inspiring leader and partner in building NACD throughout his tenure and has successfully advanced the NACD mission,” Gleason said. “I am profoundly grateful to Ken for his innumerable contributions and look forward to working with the board and our leadership team to chart new ways to advance exemplary board leadership.”

Peter Gleason will become the president and CEO of NACD upon Ken’s retirement on January 25, 2017.

About NACD

The National Association of Corporate Directors (NACD) empowers more than 17,000 directors to lead with confidence in the boardroom. As the recognized authority on leading boardroom practices, NACD helps boards strengthen investor trust and public confidence by ensuring that today’s directors are well-prepared for tomorrow’s challenges. World-class boards join NACD to elevate performance, gain foresight, and instill confidence. Fostering collaboration among directors, investors, and corporate governance stakeholders, NACD has been setting the standard for responsible board leadership for 40 years. To learn more about NACD, visit www.NACDonline.org. To become an NACD member, please contact Steve Kalan at Join@NACDonline.org or 202-572-2089. If you are already a member, contact your NACD Membership Advisor at MembershipAdvisor@NACDonline.org to ensure that you are receiving the best value from your membership.