I fire them for not getting the job done, and I hire them based on what I THINK they can do for me based on my articulated goals, and their articulated intent and experience. Often times, it's a crapshoot as you can't KNOW how they're going to work out until they get immersed in the work. I now KNOW how the 5 current members would work out, and I'm not pleased with their performance.
Haven't the BoD done exactly as you would have done, hired, reviewed, and fired those that failed to meet goals? Are they now seeking the right person/s to move the company forward?
To suggest that anyone could do better plainly ignores the paucity of licensing revenues over the last two years - no BoD member can force an infringer to pay a single cent, that is in the hands of those contracted so to do, and no matter how sweetly they talk to other lawyers, those acting for the infringers will be advising, in the most part, their clients to await USPTO recertifications before proceeding.
Selective amnesia as to external forces which played a significant factor in the current situation does all shareholders a disservice as a singular focus on only negative aspects is to maintain a highly skewed perspective.
Wouldn't it be much more benefical to ask why a particular action was or wasn't considered in order to give a balanced overview and discussion as to BoD performance?
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Be well