Dirk won't get any say IMO. "The members of a board of a public...

Dirk won't get any say IMO.

"The members of a board of a public company are elected by the shareholders of the company during a meeting of the company’s shareholders called in accordance with the company’s bylaws, but usually occurring once per year.

The number of board seats up for election in any given shareholder meeting is also set by the company bylaws. Some companies put all seats up for election each year, some have staggered boards so that only a certain number of seats are up for election in a given year.

The nominees for directors are set by the company (typically by the nominations committee of the board). Usually, the company will nominate a slate of directors equal in number to the number of seats that are open for election.

Shareholders can attempt to nominate additional candidates and then elect them in place of the candidates that the company nominates. If the company resists this effort, this is known as a proxy fight, proxy contest, or proxy battle. This process is an extremely complex area of business practice and law, and is at the heart of many hostile takeover battles as well as many activist investor campaigns.

To manage boards and board meetings, I use a tool called iBoardrooms. It helps your board focus on the company’s strategy and automates all of the administrative details that get in the way."

https://www.quora.com/How-are-the-members-of-a-board-in-a-public-company-chosen


If shareholders are worried about the right board not being in place due to a lack of expert knowledge in our field then it needs to probably be addressed at the AGM where shareholders can ask and or vote on a different company strategy to fix the problem if needed. I'm not sure of the process but we are a publicly listed company and shareholders have rights as we are all part owners of this company.

If we aren't happy then there are ways to fix any issues that arise, there are several good explanations on the net.

https://www.governanceinstitute.com.au/media/409605/removal_board_directors_september2007.pdf

Cheers.