Five Reasons You Need an Independent Director on Your Board

Many interests are represented within a board of directors: the CEO, founder(s) or other senior executives, venture capitalists or other big investors, and shareholders with large holdings. Ideally, each director should look out for the company above all other interests,­ but this may not always happen. Enter the independent director. An independent director represents neither institutional investors nor the founders and can bring balance to a board. Below are five reasons why every board needs an independent director.

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