Case Study: Wave Financial achieves board leadership insights with Klipfolio

Why it's so hard to choose independent board members – and why it's important to get it right

Klipfolio, the business intelligence and dashboard software company behind PowerMetrics, was looking to strengthen its board of directors by adding two independent members. The challenge was finding leaders with the right SaaS, SMB, and go-to-market experience, along with the values, culture fit, and chemistry needed to work effectively with the existing team. Wave Financial CEO Kirk Simpson was selected as one of the new board members.

Klipfolio implemented a careful, six-month search process that included internal candidate lists, support from The Boardlist, multiple interviews, and meetings with the executive team and current board members. Wave Financial’s Kirk Simpson and another independent director, Kim Walsh, were chosen for their operational experience and shared values. The result was a stronger, more balanced board that Klipfolio expects will provide sharper guidance and help accelerate growth as it expands its next-generation business intelligence platform.

Wave Financial