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Photo Release -- NACD Southern California Chapter Announces Leadership Expansion

David L. Rosenblum
M. Christian Mitchell

LOS ANGELES, July 15, 2013 (GLOBE NEWSWIRE) -- The Southern California Chapter of the National Association of Corporate Directors (NACD) today announced the expansion of its leadership with the election of David Rosenblum as Chapter President effective July 1, 2013. Mr. Rosenblum succeeds Mr. M. Christian Mitchell as president, and Mr. Mitchell will remain in his role as chairman.





Photos accompanying this release are available at http://www.globenewswire.com/newsroom/prs/?pkgid=19867

http://www.globenewswire.com/newsroom/prs/?pkgid=19868

"It is an honor to welcome David to the role of Chapter President and we look forward to all of the outstanding benefits his appointment will bring to our membership," said Chapter Chairman M. Christian Mitchell. "Succession, transition and expansion are key competencies of board leadership and we are proud of the balanced knowledge base and leadership acumen that we have assembled for our chapter's 2013-2014 season. It is exciting to work with such a dedicated group of corporate and community leaders who are Southern California's experts on the critical issues of corporate governance best practices and emerging boardroom trends."

David L. Rosenblum is a recently retired principal of Deloitte Consulting LLP where he most recently served as National Managing Director of Consulting Corporate Development. With over 30 years of experience advising complex organizations on strategy development and execution, Mr. Rosenblum has worked a broad range of issues for organizations in a wide variety of industries. In addition to his client work, he has led or been a key advisor to multiple strategy development efforts for Deloitte; led a multi-year research effort focused on the topic of business model innovation; served on various Deloitte governance committees; and prior to becoming the NMD for Consulting Corporate Development, he was COO for the Strategy and Operations practice, as well as the national service line leader for corporate and competitive strategy. He is a member of the board of directors of the Library Foundation of Los Angeles and is a trustee of Wesleyan University. He is a former member of the Board of Directors of Deloitte Consulting LLP and former chairman of The Echo Foundation, which operates an elementary school for hearing and hearing-impaired children. Mr. Rosenblum received a BA in economics from Wesleyan, where he was elected to Phi Beta Kappa, and an MBA in finance from Wharton.

"It's a privilege to receive this appointment and I am committed to continuing NACD SoCal's legacy of exemplary leadership," said Mr. Rosenblum. "I look forward to working with my fellow chapter leaders to carry out our mission to advance boardroom excellence. Together we are developing an exciting lineup of initiatives to support the education and enrichment of our public, private and not-for-profit board members throughout the great communities of Southern California."

NACD Southern California Chairman M. Christian Mitchell has been an NACD member and director since 2004. Currently, Mitchell serves as the vice chairman of the Board of Directors of Marshall & Stevens. He is a director of Parsons Corporation, an ESOP-owned global engineering, construction and professional services firm; Western Asset Mortgage Capital Corporation, a mortgage REIT managed by Western Asset Management Company; Grandpoint Capital, a multi-billion dollar Los Angeles-based bank holding company; Reis, Inc., a New York-based real estate information company; and Special Value Opportunities Fund LLC, a registered investment fund managed by Tennenbaum Capital Partners, LLC. He is formerly a director of two multi-billion dollar bank holding companies and an advisory board member of a multi-billion dollar fund of fund hedge fund. Mr. Mitchell is a retired Deloitte senior partner and served as the National or Regional Managing Partner for various practices including audit, enterprise risk services, and financial services during his 26-year career. He was founding member of the board of directors of Deloitte Consulting USA. In addition, Mr. Mitchell served as an Accounting Fellow to the Federal Home Loan Board in Washington, D.C. He has served as an adjunct professor of accounting at the University of Redlands. He is an NACD Board Leadership Fellow and in 2011 and 2012 was named "one of the 100 most influential people in corporate governance" by Directorship magazine. Mr. Mitchell is a summa cum laude graduate of the University of Alabama.

About the National Association of Corporate Directors

The National Association of Corporate Directors (NACD) is the only membership organization focused exclusively on advancing exemplary board leadership. Based on more than 35 years of experience, NACD identifies, interprets, and provides insights and information that corporate board members rely upon to make sound strategic decisions, confidently confront complex business challenges, and enhance shareowner value. With more than 13,000 corporate director members, 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. Furthermore, to create more effective and efficient corporate boards, 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. Fostering collaboration among directors and governance stakeholders, NACD is shaping the future of board leadership. To learn more about NACD, visit www.NACDonline.org. To join, contact Kelly Dodd at kkdodd@NACDonline.org or 202-380-1891.

About the Southern California Chapter, NACD

The Southern California Chapter, NACD (the Chapter), was chartered by NACD in 1978 to enhance corporate governance in the Southern California Region and provides a local educational and networking opportunity for individuals who serve as directors of corporations and business organizations from all industries, public and private, profit and non-profit. Our vision is to prepare members for effective Board of Director roles and foster the positive image of corporations and business organizations through improved corporate governance. The principal emphasis of the Chapter and its events is to provide vital information and education to current NACD members and their guests. http://southerncalifornia.nacdonline.org/

CONTACT: Financial Profiles, Inc. Moira Conlon, President 310-478-2700 mconlon@finprofiles.com

Source:Southern California Chapter, NACD