ICD and Rotman School of Management celebrate 100th offering of the DEP

Jan 22, 2014
The Institute of Corporate Directors (ICD) and the University of Toronto’s Rotman School of Management (Rotman) today marked the 100th offering of the Director Education Program (DEP), an intensive twelve-day course for experienced board directors looking to add greater value to the boards and organizations they serve.
To celebrate the occasion, the ICD and Rotman will host national alumni receptions for current and past participants of the DEP in Calgary and Toronto this spring.
“This significant milestone speaks volumes about the increasing importance of effective and responsible governance,” said Stan Magidson, President and CEO of the ICD. “By taking the DEP, Canadian directors are answering the call from shareholders and the general public for greater transparency, accountability and oversight that must begin at the board level and be embraced throughout the organization.”
The DEP, first offered in 2003, was jointly developed by the ICD and Rotman to help directors strengthen their skills, expand their knowledge and be more effective in creating and protecting value for the organizations and corporations they serve. As the role of the board director has become increasingly complex, time-intensive and publicly scrutinized, the DEP has evolved to support participants in addressing and overcoming these challenges.
“Ten years and 100 offerings later, enrolment in the DEP continues to grow. As a corporate director myself, I find this trend very encouraging because Canadian companies are going to need skillful, committed and governance savvy directors to lead them through the myriad challenges that lie ahead,” said Professor David R. Beatty, Chair, DEP Working Group and Conway Chair of the Clarkson Centre for Business Ethics and Board Effectiveness at Rotman.
The program is taught by leading business faculty and some of Canada’s most experienced directors and governance experts at five leading business schools: the University of Toronto’s Rotman School of Management, the Haskayne School of Business at University of Calgary, the University of Alberta School of Business, the Beedie School of Business at Simon Fraser University and the Desautels Faculty of Management at McGill University. Topics covered include overseeing strategic direction, monitoring financial performance, guiding human capital and compensation and assessing enterprise risk.
Alumni of the program include Chuck Shultz (Canadian Oilsands), Robert Deluce (Porter Airlines), Rob Sobey (Sobeys Inc.), and Françoise Bertrand (Fédération des chambres de commerce du Québec).