Crossword Genius

When a director embraces all-time low (5)

Ross

I believe the answer is:

nadir

'all-time low' is the definition.
(I've seen this in another clue)

'when a director embraces' is the wordplay.
'embraces' indicates a hidden word (I've seen 'embracing' mean this (the solution is embraced by words in the clue)).
'NADIR' can be found hidden inside 'when a director'.

(Other definitions for nadir that I've seen before include "Rock bottom" , "deep despair" , "You can't sink lower!" , "businessman formerly escaping justice" , "least successful point" .)

I've seen this clue in the Sydney Morning Herald.
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