Sound corporate governance continues to characterize Canadian business
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The Institute of Corporate Directors names 2010 ICD Fellows

TORONTO, Dec. 11 /CNW/ - The Institute of Corporate Directors (ICD) is pleased to announce the following four Canadian business leaders as recipients of the 2010 ICD Fellowship Awards: Mr. Bill Anderson, Director, TransAlta (Toronto, ON); Mr. Claude Fontaine, Q.C., ICD.D, Director (1984-2009), Petro-Canada (Montreal, QC); Mr. S. Barry Jackson, Chairman, TransCanada Corporation (Calgary, AB); and Mr. John Thompson, Chairman, TD Financial Group (Toronto, ON).

The ICD confers the F.ICD designation annually to a prominent group of directors who exemplify the distinct qualities of good governance in boardrooms across the country.

"In a year that could easily be characterized for its many challenges in the corporate sector, we had little difficulty identifying directors worthy of applause for their leadership, effectiveness and integrity at the board level," said ICD Fellowship Nomination Committee Chair Mr. William (Bill) Dimma, C.M., O.Ont., LL.D, ICD.D, F.ICD (1999). "The ICD is extremely pleased with and encouraged by the caliber of talent, dedication, and commitment that can be found on so many boards of corporations and organizations across all sectors."

The 2010 Fellows were nominated by their peers and chosen by members of the independent Nomination Committee including: Mr. Brian MacNeill, C.M., F.ICD (2005), Ms. Mary Mogford, ICD.D, F.ICD (2002), Mr. Robert Parizeau, F.ICD (2006), Ms. Elizabeth Watson, ICD.D and Mr. Victor Young, O.C., F.ICD (2007). The committee considered a number of attributes such as leadership, accountability to stakeholders, contributions to governance, and knowledge of the business. Contributions outside of the boardroom, such as published material, speaking engagements and community involvement, were also considered.

The 13th Annual ICD Fellowship Awards will be presented during a gala celebration on June 2, 2010 in Calgary. Tickets for the event can be purchased by calling the ICD at 1-877-593-7741, or online at www.icd.ca.

Previous ICD Fellowship inductees include: Ms. Donna Soble Kaufman, LL.M, F.ICD, Director, BCE (2001); Mr. Purdy Crawford, C.C., Q.C., ICD.D, F.ICD, Corporate Director (1999); and Mr. Paul M. Tellier, C.C., P.C., Q.C., F.ICD (2003).

About the Institute of Corporate Directors (ICD)

The Institute of Corporate Directors (ICD) is a not-for-profit, member-based professional association representing Canadian directors and boards across the for-profit, not-for-profit, and government sectors. With more than 3,500 members and a network of nine chapters, the ICD promotes the professionalism and effectiveness of directors by providing professional development activities including formal director education and certification, and information and resources including a board placement service and networking opportunities.

2010 ICD Fellowship Awards Sponsors:

Inaugural Partner - Chartered Accountants of Canada (CICA)

National Media Sponsor - The Globe and Mail

Gala Sponsors - Epcor; Osler, Hoskin & Harcourt LLP; TransAlta; TransCanada

Dinner Sponsors - Enbridge; Nexen

Distribution Sponsor - CNW Group

SOURCE Institute of Corporate Directors (ICD)

For further information: For further information: Carolyn Thrasher, Manager, Marketing Communications, (416) 593-7741, ext. 229 or cthrasher@icd.ca