Independent director
From Wikipedia, the free encyclopedia
This article is about a type of corporate board member. For directors of independently-made motion pictures, see Independent film.
"Outside director" redirects here. For directors not part of an executive team, see Non-executive director.
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. In the United States, independent outsiders make up 66% of all boards and 72% of S&P 500 company boards, according to The Wall Street Journal.[1]