Board Membership

The Board of Directors is a forward looking body with an obligation to direct, challenge and support company management and to maximize value for all shareholders

Irrespective of the size and nature of the company, a Board of Directors must possess the skills required to address all issues that it may confront.

A director should have a prudent understanding of the overall business and the industry in which the company operates and should bring a good level of experience in one or more of the following disciplines:

business contacts, industry experience, accounting and finance, and operations and controls.

All too often, the Board of smaller and medium sized health care companies are focused on the company’s technology and product development and do not have the necessary diversity for an optimal Board composition.