Big Lots has joined the National Association of Corporate Directors (NACD) as full board members.
NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.
"By joining NACD, Big Lots' board of directors shows a commitment to high standards in boardroom leadership, as well as increasing investor confidence in their professionalism," said Ken Daly, president and CEO of NACD. "Big Lots is poised to enhance the skills of its directors and to prepare the boardroom for the future."
"We are honored to join the distinguished and diverse group of directors who comprise NACD's full board members," said Philip E. Mallott, chairman of the board at Big Lots. "The resources, insights and connections NACD offers will be valuable assets to our Company as we continue to strengthen our corporate governance practices."
Big Lots is a broadline closeout retailer which operates 1,514 Big Lots stores in the 48 contiguous United States, 3 Big Lots stores in Canada and 76 Liquidation World and LW stores in Canada. Wholesale operations are conducted through Big Lots Wholesale, Consolidated International, and Wisconsin Toy and with online sales at www.biglotswholesale.com.
The National Association of Corporate Directors has more than 13,000 members which represent public, private and nonprofit boards. NACD provides director education, director training and proprietary research about leading boardroom and corporate governance practices to promote director professionalism and bolster investor confidence. Additionally, NACD provides independent board evaluations and custom-tailored in-boardroom education and training programs, as well as director-led conferences, forums and peer-exchange learning opportunities to share ideas about current and emerging issues.