I think Bowen wasnt considered independent because he has a...

I think Bowen wasnt considered independent because he has a sizeable shareholding (2-3% iirc).

"An independent director (also sometimes known as an outside director) is a director (member) of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees."
https://en.wikipedia.org/wiki/Independent_director