Which of the following is considered an independent director for ABC Corp who manufactures plastic components?
A)Professional advisors
B)Family members
C)Current executives
D)The CEO
E)The President of a local college

Question

Quizplus · Accepted Answer

An independent director should not have any material or pecuniary relationships with the company, which includes not being a family member, a professional advisor, a current executive or the CEO. Therefore, the President of a local college, who is not affiliated with the company, would be considered an independent director.

Which of the Following Is Considered an Independent Director for ABC