Directors who are NOT as directly connected to the firm but who have existing or potential business relationships with the firm are called:

Question

Quizplus · Accepted Answer

Grey directors are not as directly connected to the firm but have some kind of business relationship with it, such as a supplier or customer. Independent directors, on the other hand, have no affiliation with the firm and are meant to bring impartiality and objectivity to the board. Advising directors may provide guidance to the firm but may not have any official decision-making power. Inside directors are actually employed by the firm and are part of management. Unelected directors is not a commonly recognized term in corporate governance.

Directors Who Are NOT as Directly Connected to the Firm