Business Pitch Dictionary by pitch.dog
Boards, directors & committees · Core

Independent director

Also called: independent non-executive director, INED

ELI5

A director assessed as free from relationships likely to impair independent judgement under applicable standards.

Used in conversation

“The minutes should record the decision on independent director, not reconstruct it later.”

Pitch context

You will see “Independent director” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.

Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.