Directorship


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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.
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References in periodicals archive ?
Breakiron-Evans will be recognized at the 11th Annual NACD Directorship 100 Gala on November 29 in New York City.
United States : Cubic Board Member Recognized in National Association of Corporate Directors Directorship 100
Obviously, a freshly minted Master of Board Directorship would not immediately join a Fortune 500 board.
The feat of the master: it's time the job of director demanded a formal education
who died in 1999, wrote a classic article for DIRECTORS & BOARDS in 1986 entitled "The Joys of Directorship.
Joys aplenty
He held directorships with four of the five companies put into liquidation last week and still has interests in other firms.
Records show how Thorne family built up their empire
Surprisingly, directorship experience in other companies, a trait likely to enhance performance, also was not related to the chances of appointment.
Audit Committee appointments
Former Prime Minister Binyamin Netanyahu has received a job offer: the directorship of a new weekly publication affiliated with the moderate right-wing.
Netanyahu Offered Directorship of New Right-Wing Weekly
To fill the NSF directorship, Clinton will nominate Rita R.
New faces to fill top science posts
Ousted Scots Secretary Michael Forsyth last week landed a lucrative directorship of merchant bank Robert Fleming - despite having no experience in finance.
Clarke grabs pounds 1300 a day
The piece also noted that Jordan was a director for RJR Nabisco and that, in order to prevent any appearance of conflicts of interest when helping select health officials, "Jordan could [recuse] himself in the relevant instances or [resign] his directorship at Nabisco.
Mr. Smooth comes to Washington; Vernon Jordan is the ultimate Washington insider - rich, powerful, and unaccountable
He said NAA directors did not object to the association's chief executive serving on "select boards" but would not condone a directorship at, for example, a public company that is an NAA member.
Back on the boards
McAnally and Downs's (1973) radical finding was that the directorship of a major university library could no longer be considered a lifetime post but was approaching an average span of five to six years (p.
Terms for academic library directors

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