Word: directorships
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Among other things, the civil rights bill created some new Government jobs -among them the directorship of the Federal Community Relations Service, which will offer Southern communities help in ironing out their integration problems...
That did it, as far as Collins was concerned, and President Johnson, in his television speech immediately preceding his signing of the civil rights bill, was able to announce that he was appointing the Floridian to the new commission's directorship...
...Over at A.B.-Paramount, which this week will announce a 20% rise in first-quarter earnings, President Leonard Goldenson also readied for possible battle with Simon by increasing his own holdings in the company from 56,443 to 70,000 shares. Simon may try to win at least one directorship at next month's annual meeting, says ominously that "we have friends with still more stock in the company" beyond his own holdings...
Twelve members seems to be the current average, but some companies go as high as 17. For the most part, today's board members are expected to work at their task; each directorship costs a man at least one day's time a month, not counting several hours of homework. Communications between the directors and corporate officers, once haphazard, have been improved to the extent that many executives spend most of their time at the job of pulling together information for the directors. And whereas boards used to be heavily weighted with production men, today's emphasis...
After his triumphant debut at Bayreuth last summer in a new production of Die Meistersinger, Schippers was offered the directorship of two European opera houses-a temptation that sorely tries him. "Conducting is not enough for me," he says. "I need a theater-a theater is the way I can express myself best. I want to live in the dirt of the theater." The dirt is denied him at the Met, where conductors have no responsibility for staging or direction, but Schippers is too much at home there now to leave easily. "I feel that the Met is my orchestra...