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38 Merage Business School Students & Alumni Recognized
With Certificates for Corporate Governance Series Education
Orange, Calif., Nov. 30, 2006 - The Forum for Corporate Directors (FCD),
Orange County's leading resource for achieving corporate board excellence and good governance, joined with The Paul Merage School of Business at UC Irvine last night to honor 38 Executive MBA students and alumni who have achieved director training accreditation through an extracurricular board training series on corporate governance.
Each of the students and alumni of the Executive MBA (EMBA) and Health Care Executive MBA (HCEMBA) programs was awarded a certificate recognizing his or her participation in this education program, developed and taught by FCD director members since October, 2005. The Governance Series has been accredited by Institutional Shareholder Services (ISS), the world's leading provider of proxy voting and corporate governance services. The nine-session program entitles each participant to ISS director accreditation that is valid for two full years.
John Rehfeld, FCD Chairman, and Andy Policano, Dean of The Paul Merage School of Business, made the presentations at the evening meeting of the Governance Series, held at the Bren Events Center at UC Irvine on Nov. 29th.
"We take pride in this successful program devoted to corporate governance which has been developed and carried out as part of the Merage School's strategic partnership with the Forum for Corporate Directors," Policano said. "This is a unique program among graduate business schools and it's a testament to the extraordinary cooperative efforts on the part of a leading university and the leadership of its local business community. We know of no other program like it that overlays education in corporate governance and board excellence, provided through a private professional association such as FCD, on top of the business curriculum provided by one of the country's top-ranked business schools."
"This unique partnership shows the wonderful results that can be achieved with the joining of education and business professionals, and the real beneficiaries are the Executive MBA students and alumni who are gaining recognition for the time and effort they've invested in this program," Rehfeld noted. "They have given up many hours of their own time to add this director training to their formal curriculum and they are to be congratulated for their hard work."
"ISS has deemed FCD conferences, events and educational programs to be of the caliber necessary to achieve their governance accreditation, which contributes to the individual preparation necessary to become a director on a public company board or of boosting the ISS Corporate Governance Quotient (CGQ) scores for all boards on which a director might already serve," Rehfeld added. The CGQ is a rating system designed to assist institutional investors in evaluating the quality of corporate boards and the impact their governance practices may have on corporate performance, with director education being one of the 61 important variables that make up a total CGQ score.
About The Paul Merage School of Business
The Paul Merage School of Business at UC Irvine offers four dynamic MBA programs delivering its thematic approach to business education: sustainable growth through strategic innovation, and leadership taught through in-class and on-site experiences with real-world business problems. Six Centers of Excellence and an Executive Education program enhance students and graduates opportunities for independent study and updates to their professional expertise. Since the advent of MBA rankings in 1997, the school has appeared in a Top 5 MBA program ranking seven times and in a Top 15 ranking eight times. The Wall Street Journal ranked the School 6th for information technology in 2006. The Financial Times ranked the Executive MBA program 9th in the United States in 2006 and number one in southern California, ahead of UCLA's Anderson School and USC's Marshall School of Business. For more information on The Paul Merage School of Business, please visit the web site at www.merage.uci.edu .
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