Through its NACD membership, Acts demonstrates its commitment to the highest standards of corporate governance and exemplary board leadership
WEST POINT, PA – Acts Retirement-Life Communities, one of the nation’s largest not-for-profit senior living organizations, announced today that the company’s board of directors has joined the National Association of Corporate Directors (NACD) as full board members.
NACD Full Board Member companies range from Fortune 50 corporations to small- and mid-cap companies, as well as private entities and nonprofit organizations. Through their membership, these boards join a diverse director community and have the opportunity to gain proprietary insights about current and emerging governance issues and to participate in NACD’s world-class director education programs.
“By joining NACD, Acts is poised to enhance the skills of its directors and to prepare the boardroom for future challenges,” said Peter Gleason, president and CEO of NACD. “NACD is privileged to serve as Acts’ source for leading governance practices.”
Acting as the “voice of the director,” NACD speaks on behalf of its members with regulators, institutional investors, and influential stakeholders, such as the Securities and Exchange Commission and the U.S. Chamber of Commerce, among others, on matters of crucial importance to directors.
In joining this collective director voice, Acts’ board of directors shows a commitment to the highest standards in boardroom leadership, as well as to increasing investor confidence in their professionalism.
“We are honored to join the distinguished and diverse group of directors who comprise NACD’s membership,” said Dr. John L. Esterhai, Jr., Acts Board Chairman. “The resources, insights, and connections NACD offers will be critical assets for our company.”
A sample of NACD's Full Board Member companies is available at www.nacdonline.org/Members.
About Acts
Acts Retirement-Life Communities is the largest not-for-profit continuing care retirement community (CCRC) senior living organization in the United States. Headquartered in suburban Philadelphia, Acts currently has a network of 22 senior living communities in eight states serving more than 9,200 seniors, and employs approximately 6,200 team members. All Acts communities are accredited by CARF for meeting the industry’s highest operational and financial standards. Website: Actsretirement.org
About NACD
The National Association of Corporate Directors (NACD) is the recognized authority focused on advancing exemplary board leadership and establishing leading boardroom practices. Informed by more than 35 years of experience, NACD delivers insights and resources that more than 17,000 corporate director members rely upon to make sound strategic decisions and confidently confront complex business challenges. NACD provides world-class director education programs, national peer exchange forums, and proprietary research to promote director professionalism, ultimately enhancing the economic sustainability of the enterprise and bolstering stakeholder confidence. Fostering collaboration among directors, investors, and governance stakeholders, NACD is shaping the future of board leadership. To learn more about NACD, visit www.NACDonline.org.
