WASHINGTON (PRNewswire via COMTEX) — Continuing to advance the highest levels of board professionalism, The National Association of Corporate Directors (NACD) has elected Karen Horn to its esteemed board of directors. Horn is the lead director and chair of the compensation committee for Eli Lilly, and she is the chair of the nominating and corporate governance committee for Simon Property Group. She also serves as a director for Norfolk Southern Corporation and T. Rowe Price Mutual Funds; the U.S.-Russia Foundation; and the National Bureau of Economic Research. Horn holds a B.A. from Pomona College and a Ph.D. in Economics from Johns Hopkins University.

“I am proud to be a part of an organization as dedicated to director education programs and director professionalism as NACD,” said Horn. “Over the past 30 years, NACD has been a proven leader in furthering exemplary board leadership, and I am honored to be a part of this fine organization.”

Horn has been involved in NACD’s programs, recently participating at a plenary session on The Effective Lead Director at NACD’s annual conference, held Oct. 2 – 4 in Washington, DC. She also served on the NACD Blue Ribbon Commission that recently issued a report entitled The Effective Lead Director.

Barbara Hackman Franklin, chair of NACD’s board of directors stated, “I already have the great privilege of working with wonderful and highly-qualified people on our board of directors, and now we have added another excellent leader whose experience is a testament to her abilities. NACD will continue to provide effective director education for all our members and we look forward to Karen’s continued guidance as she joins the board.”
In addition to her service in the boardroom, Horn is also a partner at Brock Capital Group and was president of the Federal Reserve Bank of Cleveland and CEO of Bank, Cleveland.

“Karen’s background and expertise will be an invaluable asset to NACD and to other directors who want to learn from her vast experience,” said Ken Daly, president and CEO of NACD. “We look forward to gleaning insights from Karen as NACD becomes the center of gravity for the corporate boardroom community, expands its membership and furthers its director credentials, board benchmarking and diversity in the boardroom initiatives.”