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chairman
(redirected from chairmanships)

   Also found in: Dictionary/thesaurus, Legal 0.06 sec.
chairman
The highest-ranking executive in a corporation. The chairman leads the board of directors in setting broad corporate goals and determining if managers are, in fact, pursuing and achieving those goals. In large corporations the chairman is not ordinarily involved in day-to-day operational activities, although it is likely that he or she was the chief executive officer before attaining the position of chairman. In some corporations, the chairman also serves as the president and the chief executive officer. Also called chairman of the board. See also director.

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Rather than awarding Padilla one of those plum assignments, Perata granted two slots to Republicans and gave multiple chairmanships to four veteran Democrats.
As for the former chairman, Gilman lost out in the shuffle for committee chairmanships and now is the ranking Republican, after the chairmen, on the International Relations and Government Reform committees.
One more oddity in relation to the Senate elections: Noting that the Senate hasn't had a 50-50 split in more than 80 years, some observers question whether either party can lay exclusive claim to committee chairmanships as they've evolved over the years.
 
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