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Outside director vs independent director are terms that are frequently used interchangeably, but they are not always the same thing.Both describe board members who are generally separate from a company's day-to-day executive management. But thinking about an outside director vs independent director,  independence is a...

An independent director (frequently called an outside director, independent board member, or independent non-executive director) is a member of a company's board who is not part of the company's management and does not have relationships with the company that would compromise, or appear to compromise,...