JIM ADAMSON WINS 2011 AWARD FOR CORPORATE GOVERNANCE FROM THE DIRECTORS COLLEGE

OTTAWA, April 6 /CNW/ - Jim Adamson - chief executive, NASA Astronaut, US Army Colonel, Professional Engineer, and Chartered Director - has been named the 2011 winner of the Gil Bennett Gold Standard Governance Award, presented by The Directors College.

The award was presented Tuesday evening at the graduation ceremony for newly certified Chartered Directors (C. Dir) of The Directors College, a joint venture of McMaster University and The Conference Board of Canada. Founded in 2003, The Directors College is Canada's first university accredited corporate director development program.

"The growing relevance and importance of the Directors College program is underscored by the turmoil that led the world into the 2008-09 recession. Much of the financial trouble that precipitated the recession can be traced to failures of governance," said Anne Golden, President and Chief Executive Officer, The Conference Board of Canada.

Named in honour of former Canadian Tire Chair, Gil Bennett, this award has been presented annually since 2006 to a Directors College graduate who demonstrates dedication to raising the bar for professional standards in corporate governance through his or her progress in the Chartered Director program.

The criteria for the award include scoring in the top 10 per cent on the final exam for Chartered Directors; providing a positive contribution to the class discussion; and displaying constructive behavior as a director during the unique Board Simulation exercise of the Chartered Director program.

"We are privileged to have an individual of Jim Adamson's calibre receive the Gil Bennett award this year," said Dr. Chris Bart, Principal & Lead Professor, The Directors College.

Jim Adamson is a senior consultant to the Aerospace & Defense Industry through his own company, Monarch Precision. He is currently Director and Governance Committee Chairman for Com Dev International (TSX: CDV), a global designer and manufacturer of space hardware.

Adamson also serves on NASA's Advisory Committee for the International Space Station, and was the Operations Panel Chairman of the Return to Flight Task Group for the Space Shuttle following the Columbia accident.

Over four decades, Adamson has had a long and distinguished career in public service and in the private sector providing strategic direction to leading aerospace companies.

During his 23-year Army career, he held unit commands in Europe, Vietnam, and the United States, including the Army Space Flight Detachment at the Johnson Space Center.

During his career at NASA, Adamson was an Astronaut and held leadership positions in management, operations and R&D. He served on the space shuttle Columbia in 1989, and he returned to space in 1991 aboard Atlantis. That mission set a new world record for payload weight lifted to orbit. In total, the veteran astronaut logged over 334 hours in space.

For more information on The Directors College and its Chartered Director Program, visit: www.thedirectorscollege.com.

SOURCE CONFERENCE BOARD OF CANADA

For further information:

Brent Dowdall, Media Relations, Tel.: 613- 526-3090 ext. 448
E-mail: corpcomm@conferenceboard.ca

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