Sept. 24, 2013
/PRNewswire/ -- Demonstrating its commitment to advancing boardroom leadership, Big Lots, Inc. (NYSE: BIG) today announced that it 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 world-class director education programs.
"By joining NACD, Big Lots' Board of Directors show a commitment to high standards in boardroom leadership, as well as increasing investor confidence in their professionalism," said
, 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."
About Big Lots
Big Lots is
largest broadline closeout retailer. As of the end of the second quarter of fiscal 2013, we operated 1,514 BIG LOTS stores in the 48 contiguous
, and 76
. Wholesale operations are conducted through
BIG LOTS WHOLESALE, CONSOLIDATED INTERNATIONAL,
and with online sales at
The National Association of Corporate Directors is the only membership organization focused exclusively on advancing exemplary board leadership for directors by directors. Based on 35 years of experience, NACD identifies, interprets, and provides insights and information that corporate board members rely on to make sound strategic decisions, confidently confront complex business challenges and enhance shareowner value. With more than 13,000 members, representing public, private and nonprofit boards, NACD provides world-class 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.