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William H. Rastetter
William H. Rastetter
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Rastetter receives Lifetime Achievement award

RANCHO SANTA FE — The Corporate Directors Forum recently announced its 2015 recipients for their distinguished 24th annual awards ceremony, “Director of the Year.” One of its executive receivers is Rancho Santa Fe resident, William H. Rastetter, Ph.D., who will be joined by five other award winners in various director categories.

The recipients are “board directors” who make a positive contribution and impact to local companies while serving their term.

Rastetter has been honored for his Lifetime Achievement in Corporate Governance. He fulfills chairman seats at Illumina, Neurocrine Biosciences, Receptos, and Fate Therapeutics.

The awards ceremony is slated for Sept. 15 at the Hyatt Regency in La Jolla.

According to Linda Sweeney, executive director at the Corporate Directors Forum, each year their nonprofit honors top directors who have influenced San Diego.

“The purpose of the award is to pay tribute to their outstanding performance in the boardroom and behind the scenes,” she said. “Honorees are nominated by their boardroom peers to recognize their extraordinary contributions in various categories.”

Rastetter has robust corporate experience and served on an array of MIT faculty positions. At Harvard, he won the notable “Excellence in the Teaching of Chemistry” award.  Additionally, he is also an Alfred P. Sloan Fellow.

The Corporate Directors Forum was founded in 1991. Its mission is to promote excellent standards of “professionalism and ethics” in the area of corporate governance.

“We accomplish this through a steadfast commitment to our core values and beliefs as guided by our mission. At Corporate Directors Forum, we know that being a director is a challenging and important role — and we provide tools to help directors excel in the boardroom,” she said.

Sweeney went on to say that Rastetter’s recognition is given to an individual who has revealed unwavering commitment.

This Lifetime Achievement honor is awarded to a director who has demonstrated superior leadership over several years, she said, in ensuring consistency of board discipline, maintaining ethics and conscience of the board, and guiding their organization(s) to higher levels of creativity and performance.