CHOPCHOP Ltd, a large manufacturing company, wishes to appoint a number of non-executive directors to the Board. In doing so they wish to comply with the recommendations of King VI. The existing board is made up as follows: Chairman and Chief Executive Officer Financial Director Production Director Sales and Marketing Director Operations Director Non Executive Director Hulk Hogan Mike Tyson Morgan Freeman Robert Redford Clint Eastwood Thandie Newton Thandie Newton represents her uncle Fred Newton who has a 28% shareholding in CHOPCHOP Ltd. Fred Newton has the largest single holding in CHOPCHOP Ltd. The following individuals are being considered for appointment:

Leonardo de Caprio	A prominent local businessman who is active in community projects
Al Pacino	A recently retired engineer who had on the odd occasion been consulted by CHOPCHOP Ltd.
Julia Roberts	A chartered accountant and stepdaughter of Mike Tyson
Jackie Chang	The company's legal advisor since the company's inception.
Tom Hanks	A consultant in CHOPCHOP's line of business who has no business relationship with CHOPCHOP Ltd.
Sean Penn	A businessman and chairman of the local Chamber of Commerce.
Kevin Spacey	The owner of a small business which supplies CHOPCHOP Ltd. with a number of components used in their manufacturing process. Spacey's business is one of ten small businesses which supply CHOPCHOP Ltd as a part of the company's social and business development initiatives. CHOPCHOP is his major customer
Whoopi Goldberg	The recently retired senior public relations manager at CHOPCHOP Ltd. This is a senior executive role.
Wesley Snipes	The senior partner of CHOPCHOP's auditors.

Discuss through memorandum on how to advise Hulk Hogan of the recommended practices as set out in King IV and how it differs from King Ill in respect of board composition;