I wouldn't be too concerned with the absence of previous Board experience (as a factor on its own) given his other relevant experience.
"First do no harm" (don't blow up shareholders Capital) isn't a bad maxim for directors, followed closely by "think twice before buying for growth" and "be extra careful of any deals involving Venture Capital or Hedge Funds".
You also omitted the bit where he said that the new Chairman and CEO changed the incentive structure breaking the direct alignment with shareholders interests. I'm only in on PPT recently so have no barrow to push but in my humble opinion the ASX is littered with examples of Board and Management (that often have little skin in the game themselves) that sacrifice shareholder interests in the pursuit of growth and often it's supposedly the "most experienced" that embark on these follies.
(20min delay)