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

Gray directors are individuals who are not considered independent directors because they have a business or personal relationship with the company. They may have ties to the company's executives, major shareholders, or outside suppliers or customers. This relationship can create a conflict of interest when it comes to making decisions as a director.

Directors Who Are Not as Directly Connected to the Firm