Personal Traits
High ethical standards; professional demeanor and experiences
Significant track-record of success
Has good interpersonal skills that would work well within a group setting (board and management team)
Care and concern for family and business
Willing to be candid, honest, and forthright in a thoughtful team-oriented manner
Has the time and will make the commitment to attend all meetings and conference calls
Independence
No other business relationship with Company that could create a conflict (i.e. lawyers, accountants, suppliers, customers, etc.)
Focus will be watching out for the overall value of the company on behalf of all shareholders versus watching out for specific
family members individual ownership or employment interests
Track Record
Significant successful track record in business preferably as a CEO or President
Solid educational/professional background
Experience in multiple functional areas, industries, etc. to provide broad perspectives to Board
Experience serving on multiple other business and/or non-profit boards
Diversity
Select directors that bring a breadth of diversity of experience and perspective to the Board Room
Compatibility
Select directors that you generally feel comfortable with and like being with in a business environment
Select directors that you respect and trust so you will properly receive their advice