William McCracken, Former CA Technologies Board Chair and CEO, Elected Chair of NACD Board of Directors
WASHINGTON, May 21, 2019 (GLOBE NEWSWIRE) -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 20,000 board members, today announced that William “Bill” McCracken has been elected chair of the NACD board of directors, effective May 29, 2019. McCracken, who has been vice chair of NACD since June 2018, succeeds Dr. Karen Horn, director of Simon Property Group, who was chair of NACD’s board for the past three years.
Bill McCracken was CEO at CA Technologies from January 2010 to January 2013. He joined the CA Technologies board in 2005 and held the roles of both nonexecutive and executive chair from 2007 to 2010. Prior to joining CA Technologies, McCracken held numerous executive positions at IBM, including serving as a member of the Chairman’s Worldwide Management Council. McCracken is currently the president of Executive Consulting Group LLC. He served on the board of MDU Resources Group and is a former director of IKON Office Solutions.
McCracken was named by NACD Directorship magazine as one of the 100 most influential people in the boardroom in 2009, and in 2010 he was named to the NACD board. McCracken served as a member of the NACD Blue Ribbon Commission (BRC) on risk governance, was cochair of the BRC on board diversity, was a member of the BRC on talent development, and cochair of the BRC on the board and long-term value creation. He is the New York cochair of the Board Leadership Forum and a member and former chair of the board of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia University.
“Bill’s dedication to NACD, coupled with his recognized leadership in both the corporate and nonprofit worlds, make him an excellent choice to lead our organization at this exciting time,” said Peter Gleason, president and CEO of NACD. “We thank Karen for her leadership over the past three years as NACD has confronted critical boardroom issues including diversity, corporate culture, and navigating disruption.”
“I look forward to chairing NACD’s board at such a transformational time for our profession,” said McCracken. “I am especially honored to lead the NACD board as it embarks on the first-ever U.S.-based certification program for directors.”
About NACDThe National Association of Corporate Directors (NACD) empowers more than 20,000 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.
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