Directorship


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Directorship

Used in the context of general equities. Stock status whereby a trader may not maintain positions in the security, due to an investment bank employee serving as a director on the corporation's Board of Directors done to avoid conflicts of interest; signified by a flashing "D" on Quotron. Contrast to restricted.

Directorship

A seat on the board of directors of a company or other organization. A directorship allows one to have a direct say in a company's policies, particularly regarding dividend payments, the hiring and firing of major executives, and so forth. One receives a directorship as the result of a shareholder vote. Generally speaking, directors are nominated on the basis of whom they intend to represent, whether that be management, a particular block of shareholders, or even the company's employees.
Mentioned in ?
References in periodicals archive ?
Accepting a directorship is much like accepting an important executive position or getting married.
At his first court appearance he was banned from holding a directorship for eight years.
On January, 1, Swedish-born Anders Hellstrom officially assumed artistic directorship of NDT, a position previously held by former dancer Marian Sarstadt.
Lead independent directors at most companies that have such directorships are paid 116 percent of what regular board members receive in total compensation, including stock.
However, only ten per cent of the total number of executive directors hold an external directorship in another FTSE 350 company and in 90 per cent of these cases, the director only holds one non-executive position.
These high-profile issues include: women and minority representation on boards, international directorships, board self-evaluations of performance, and whether companies are making any special effort to meet with major institutional investors apart from regular analysts meetings.
The Directorship 100 was published in the September 2011 issue of NACD Directorship magazine to recognize influencers in all spheres of corporate governance for their leadership and agenda-shaping in boardrooms across America.
WASHINGTON, May 7, 2015 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the advocate for the profession of directorship, held its latest NACD Directorship 2020 symposium in Atlanta where corporate directors examined the impact of demographic shifts on corporate strategy and the need for boards to enable innovation in response to competitive disruption.
He was offered the directorship of The Finnish National Ballet before moving to Alberta, but turned it down because he "felt it was not the right time in my career," he says.
Billericay Tory MP Mrs Teresa Gorman yesterday offered her "sincere apologies" to the Commons for failing to register her directorship of two companies.
PHILADELPHIA -- Irv Becker, National Practice Leader for Executive Compensation at Hay Group was named to the 2010 NACD Directorship 100, a list published by NACD Directorship magazine recognizing the most influential people that are shaping agendas and corporate governance issues in boardrooms across America.
NACD Directorship 2020 Views Key Market Forces Through a Boardroom Lens

Full browser ?