I'm still in contact with many former staff and some have only just left in the past 2 or 3 years. All of them say the same thing, managers have no idea how to manage, they are all yes men and live for their bonuses.
As for 'outsiders' there are plenty of people who would be more qualified to sit on a 'new board' than say, the likes of Cosgrove, e.g.
http://wolseley.com.au/content/4/Our-People?profileId=10
http://www.stainlayconsulting.com/who.html
http://www.sita.aero/content/ian-riddell
To name just 3.