"I have absolutely no idea but when standing as a nominee, should that person have experiences at least equal to the current BoD members?"
I HOPE NOT. Experience in squandering millions and millions of dollars in bad investments, dismal managment hires, failed stewardship of liquid assets, and a plethora of other horrible decisions is certainly not the level of experience I would want in a new board member.
So the answer is, NO!
Your defense of this group is astounding.