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The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.
Independent agencies exist outside the federal executive departments (those headed by a Cabinet secretary) and the Executive Office of the President. [1]: 6 There is a further distinction between independent executive agencies and independent regulatory agencies, which have been assigned rulemaking responsibilities or authorities by Congress.
August 10, 2017 – August 10, 2018 Kevin J. McIntyre: December 7, 2017 – January 2, 2019 Neil Chatterjee: August 8, 2017 – August 30, 2021 Richard Glick: November 29, 2017 – January 3, 2023 Bernard L. McNamee: December 11, 2018 – September 4, 2020 James Danly: March 30, 2020 – January 3, 2024 Allison Clements: December 8, 2020 ...
Investor-owned electric power delivery utilities with assets in the United States of America [2] [3] [4]; Parent company Operating company Operating states AES Corporation (AES) ...
A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team.
The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...
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For example, the NYSE Listed Company Manual Rule 303A.01 requires that listed companies have a majority of "independent" directors. [73] " Independence" is in turn defined by Rule 303A.02 as an absence of material business relationship with the corporation, not having worked for the last three years for the corporation as an employee, not ...