outside director

(redirected from Independent director)
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outside director

n
(Commerce) a director of a company who is not employed by that company but is often employed by a holding or associated company
References in periodicals archive ?
Maria Gordon, Independent Director at ALROSA, independent director.
Special Commissions were Absent in FY17 Haribhakti is an independent director on several boards.
Pierre Pringuet as Lead Independent Director and Mrs.
An independent director, otherwise known as an 'outside director,' according to Section 17.
BANKING AND CREDIT NEWS-August 28, 2014--Coughlin as lead independent director at Hamilton Bancorp
In addition, we also have not defined the specific role of an independent director, and their respective skills and competencies are not really evaluated well.
Republic Airways Holdings Inc's (NASDAQ:RJET) board of directors on Thursday announced it has appointed David N Siegel as lead independent director of the airline holding company's board.
s insurance company subsidiaries, protects the personal assets of an individual, independent director of a publicly traded, privately held or nonprofit organization.
This insurance product, offered by just a few insurers, is generically referred to as independent director liability (IDL) insurance and can be purchased by companies or individual directors themselves.
Other CPAs in public practice, who have a tax, financial planning or eldercare relationship with a listed company's independent director, CEO or outside counsel, also might recommend one of their peers as a candidate for membership on their client's company board of directors or audit committee.
Andrei Bugrov said that he has been a member of the boards of directors of various companies and organizations for 25 years, but not always as an independent director, therefore he considers his contribution to the establishment of the institute of independent directors "feasible".
This old rule, more popularly known as the 5-2-5 rule, provided that an independent director shall have an initial term limit of five years, followed by a cooling off period of two years, and then he or she could be elected again for another five years.
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