Board composition refers to the overall makeup of a company's board of directors, including the number of directors, their backgrounds, skills, experience, and diversity. Board composition is important for ensuring effective governance and decision-making within the company. Ideally, a board should have a diverse mix of skills, expertise, and perspectives to provide balanced and unbiased guidance to the company's management team. It is common for boards to include a mix of independent directors, executives, industry experts, and other individuals with relevant experience.
