Number of independent board members

Number of independent board members at the end of the reporting year [calendar or financial] (headcount) A board member is an individual belonging to the member-elected top governing body of the company (often including non-executive members). A director is independent when he or she has no relationship of any kind whatsoever with the corporation, its group or the management of either that may colour his or her judgment. Accordingly, an independent director is understood to be not only a non-executive director, i.e. one not performing management duties in the corporation or the group, but also one devoid of any particular bonds of interest (significant shareholder, employee, other) with them.