Deltennium News Releases

Date: December 3, 2004
Contact: Lynne Gayle
(561) 620-2356


BOCA RATON, Fla.-- Gerald Czarnecki, Chairman and CEO of the Deltennium Group, acted as the instructor for the "Role of the Audit Committee" seminar which was held by the National Association of Corporate Directors (NACD) on December 2nd at the Boca Raton Resort and Club in Boca Raton, Florida.

The full-day session addressed the principles of audit committee excellence, and provided directors with the necessary tools for practicing proactive risk oversight. Regardless of changing economic and political climates, implementing the right standards for audit committee accountability is essential in protecting a corporation's long-term viability. In addition to specific practices, processes, criteria, and structures, Czarnecki addressed the implications of current governance reforms, including how audit committees will be affected by new laws governing disclosure and the new listing proposals from Nasdaq and the NYSE.

The NACD, an independent not-for-profit organization founded in 1977, is dedicated to serving the corporate governance needs of directors and boards.

As a member of the NACD faculty, Mr. Czarnecki leads in-boardroom sessions and public seminars on the current challenges and issues facing boards of directors, including Sarbanes-Oxley compliance, risk management and audit committee practices. All teaching faculty are approved by the NACD to present at the highest levels, and have led governance programs that are accredited by ISS (Institutional Shareholder Services) as "Preferred Boardroom Education Programs."

Czarnecki's current professional activities include his role at the Deltennium Group as consultant, investor, professional speaker and author. Headquartered in Boca Raton , the Deltennium Group engages in consulting, training, speaking, researching and investing to further its mission of helping leaders and organizations achieve peak performance.

Czarnecki is also a member of the boards of directors of State Farm Insurance (where he serves as Chairman of the Audit Committee) and State Farm Bank. He has a long-standing commitment to Junior Achievement, and is currently on the Executive Committee and Chairman of the Operations Committee, the Pension Committee and the Compensation Committee of Junior Achievement Worldwide, Inc.