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A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team.
- Executive director
In this context the role is usually contrasted with a...
- Executive director
Non-executive directors are expected to outnumber executive directors and hold key posts, including audit and compensation committees. In the United Kingdom, the CEO generally does not also serve as chairman of the board, whereas in the US having the dual role has been the norm, despite major misgivings regarding the effect on ...
30 de ago. de 2023 · A non-executive director is a member of a company's board of directors who is not part of the executive team. This director typically does not engage in the day-to-day management of the...
5 de mar. de 2020 · Definition. Non-executive directors appear in the academic literature under different names, such as external, non-employees, or part-time directors (Li et al. 2020; Mace 1979 ). They are not employees of the company and, therefore, are not involved in the daily management of the company.
10 de abr. de 2013 · The list of attributes required of a non-executive director is so long, precise and contradictory that there cannot be a single board member in the world who fully fits the bill. They need to be ...
Non-executive directors are expected to focus on board matters and not stray into ‘executive direction’, thus providing an independent view of the company that is removed from the day-to-day running. NEDs, then, are appointed to the board to bring: independence. impartiality. wide experience. special knowledge. personal qualities.
