"The second appointment will be announced later this week, bringing the total number of VERB directors to six directors, including five independent directors and one inside director."
To have a BOD made up mostly of high caliber independent directors is very impressive and doesn't always happen.
Why? Because it's too easy to add other company execs or relatives to fill the table.
Read the Role and Duties of Independent Directors in the link below
In my opinion, having 83% of your BOD as independent is a very good thing that market and institutions like.
https://taxguru.in/company-law/independent-di...-2013.html
To have a BOD made up mostly of high caliber independent directors is very impressive and doesn't always happen.
Why? Because it's too easy to add other company execs or relatives to fill the table.
Read the Role and Duties of Independent Directors in the link below
In my opinion, having 83% of your BOD as independent is a very good thing that market and institutions like.
https://taxguru.in/company-law/independent-di...-2013.html
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