Somehow I missed many of the prior updates since March till now. I also promised to update the group about my experience with ExecRank.
I joined ExecRank the 1st week of Jan. As of this month, I have downgraded my membership (till next month). Yes, they do have a downgraded membership not advertised on the website from what I can see. Maybe it's new.
In the last 5 months, I had somewhere between 40-50 board opportunities opened. Not one interview to date. I actually have tracked all opportunities on a spreadsheet and where in the 5 step process (with dates) that ExecRank has before application goes to the interview stage. Once I started to get visibility to how long it took for my application to move from 1 stage to another, I started to call various managers/directors at ExecRank to get answers why it took so long.
I also had a problem with lack to transparency (except for canned generic emails) in ExecRank with those of us who are footing the bill for ExecRank to stay in business. I also had a problem with why the companies seeking board members have nothing at stake $$, have no incentives to move forward in a reasonable fashion and to eliminate those not serious.
Some of the things I found out when I probed deeper, especially why the process took so long once an application was "under review," I was told that ExecRank sends as many as 100 applications for one opportunity. No wonder why no one is getting any interviews! ExecRank does nothing to really match or select "best fit" candidates for board opportunities from what I can see. I have no clue on where their value add is.
Final comment ... I did an experiment and actually signed up as a company seeking board advisors. Again I was curious why it took so long. I did not carry the experiment all the way. I got a flurry of broadcast emails about the various advisor days. Beyond that I did not see any attempt to engage me into the process as a company seeking board members.
I will be canceling at mid June in keeping with their cancellation requirements. Hope my experience was helpful for someone.