Geraldine is a professor at a local college who serves on the board of directors for a leading academic publisher. She is a valued member of the board because she brings her unique perspective from the field, and she is qualified, knowledgeable, and independent of the company. Geraldine is a(n)

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Geraldine is an example of an outside director. Outside directors are often top executives from other companies, lawyers, bankers, even professors. They are thought to bring more independence to the monitoring function because they are not bound by past allegiances, friendships, a current role in the company, or some other issue that may create a conflict of interest. They are chosen for their expertise, competence, and ability to bring diverse perspectives to strategic discussions.

Geraldine Is a Professor at a Local College Who Serves