Searching for IDs

An exclusion list for selecting great independent directors

It is not unusual for persons at a certain stage in life, including, but not limited to, superannuated bureaucrats, to seek positions of Independent Directors (IDs) on corporate boards. With time hanging heavy, and with no theatre in which to put their experience to use, many of these persons believe that the corporate world would benefit from their association.

Recently, well-intentioned promoters (yes, such persons do exist) have started meaningful searches for IDs who will add value to their boards. While many of them reach out to head-hunters, some persons who are being perceived as influential in the context of boards,