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6 Sep 2022 · The independent director—also known as an outside director—is a member of a board of directors who brings a unique, unbiased perspective. The term “independent director” is commonly used to denote a director who’s not an employee of the firm or organization where they serve on a board.
An independent director is a member of the board of directors who (1) does not have a material relationship with the company, (2) is not part of the company’s executive team, and (3) is not involved with the day-to-day operations of the company.
independent director means a director who is independent of management and free from any business or other relationship which could interfere with the exercise of independent judgement or the ability to act in the best interests of an applicant or listed corporation .
12 Sep 2022 · An independent director, is a type of non-executive director (NED) who does not have any material relationship with the company or management that would interfere with the exercise of their independent judgement.
An independent director (also sometimes known as an outside director) is a member of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees.
25 Feb 2022 · As a director, you may be considered independent for one purpose but not another, and the fact that you qualified as independent in the past does not mean you will in all future situations. It is essential to understand the rules governing director independence and to be sensitive to the circumstances that can trip up boards and directors.
An Independent Director is a non-executive member of a company's board who doesn't have a material relationship with the company, meaning they are not involved in the day-to-day operations and do not have any significant financial stake in the company that could compromise their judgment.
