An independent director, also known as an outside director, is a member of a company's board of directors who does not have a material or financial relationship with the company or related entities, apart from receiving a director's fee, and does not own shares in the company. Independent directors are considered better suited to provide impartial judgment and governance.
An outside director, also known as an independent director, is a member of a company's board of directors who is not part of the company's executive management team.
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