Calypso Wireless (fka CLYW)

[Eli's Gone]

An inside director is a director who is also an employee, officer, major shareholder, or someone similarly connected to the organization. Inside directors represent the interests of the entity's stakeholders, and often have special knowledge of its inner workings, its financial or market position, and so on.

Typical inside directors are:

A Chief Executive Officer (CEO) who may also be Chairman of the Board
Other executives of the organization, such as its Chief Financial Officer (CFO) or Executive Vice President
Large shareholders (who may or may not also be employees or officers)
Representatives of other stakeholders such as labor unions, major lenders, or members of the community in which the organization is located

An inside director who is employed as a manager or executive of the organization is sometimes referred to as an executive director (not to be confused with the title executive director sometimes used for the CEO position). Executive directors often have a specified area of responsibility in the organization, such as finance, marketing, human resources, or production.

director - any member of the board of directors
inside director - a director who, in addition to serving on the board, has a meaningful connection to the organization
outside director - a director who, other than serving on the board, has no meaningful connections to the organization
executive director - an inside director who is also an executive with the organization. The term is also used, in a completely different sense, to refer to a CEO
non-executive director - a director who is not an executive with the organization