Non-Independent Directors

Explanation: A Non-Independent Director is a member of a company’s board who does not meet the criteria for independence as defined by regulatory authorities or corporate governance standards. Unlike independent directors who are free from any material relationships or conflicts of interest that could compromise their objectivity, non-independent directors may have affiliations, financial interests, or significant ties to the company, its management, or its key stakeholders. Non-independent directors may include executives, representatives of major shareholders, or individuals appointed due to their expertise or industry connections.

Example: TCS has 1 Non-Independent Director, Aarthi Subramanian. As a non-independent director, Aarthi Subramanian may have prior or current affiliations with TCS, such as holding a key managerial position or being associated with the company’s major shareholders. While non-independent directors bring valuable insights, industry expertise, and strategic guidance to the board, their role may be perceived as less objective compared to independent directors, as they may have personal or professional interests that align closely with the company’s management or ownership.

You can view the entire list of Board of Directors for any company on Radar in the Board section.