Manufacturing companies and their boards of directors have responded to new challenges to increase productivity, reduce costs, better manage data, and develop new and better products. To recognize the contributions of outstanding directors to their boards, companies, and shareholders, last year Foley established Director of the Year Awards for outstanding directors at public and private companies.
The boardroom is no stranger to watching technological advancements revolutionize the business model. And great directors provide value to a company, and its management team, through informed governance and decision making. Even in the face of sweeping changes, boards of directors are charged with ensuring the company maintains its integrity while delivering value to its shareholders.
Nominations are currently being accepted for this year’s award and are due July 28th. Winners of the Director of the Year award for a public and private company will be recognized on November 5th at Foley’s National Directors Institute Executive Exchange reception in Chicago. Last year’s award winners represented outstanding manufacturing companies, Oshkosh Corporation and Pelican Products. Continue reading this entry