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interlocking directorate
noun
- a corporate directorate that includes one or more members who serve simultaneously in the directorates of other corporations.
Example Sentences
The DOJ raised concerns that that executives holding seats on both Endeavor and Live Nation’s boards constituted an “illegal interlocking directorate.â€
The Justice Department said that it had expressed concern about the presence of the two men on the board creating “an illegal interlocking directorate,†where two competitors have the same people running them.
Walt points to the Council on Foreign Relations, the Atlantic Council and the Center for New American Security, among others, as constituting a kind of interlocking directorate that fosters groupthink and consists of mandarins intolerant of dissenting views.
National loans were facilitated by the presence of members of the same family of financiers in various countries, thus making an interlocking directorate by which king could be played against king, government against government, and the shrewdest use made of national prejudices and fears, all to the no small profit of the fiscal agent.
The poetry editor is almost invariably the house poet or a person who is working with the interlocking directorate of establishment poets.
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