You are an independent director and chair of the nominating and governance committee of a publicly traded company involved in supplying electronics for defense contractors. After the unexpected death of one of your colleagues, you are charged with identifying a successor. You get a call from the company’s CEO, your friend Melanie Matthews. “Could you take a close look at Latoya Lamb for the new board position? I’ve known her since we were roommates in college and she’s first rate.” You look up Lamb’s bio and discover that she has a PhD in electrical engineering, is an African American, and is a chaired professor in the engineering department of Rice University. What should you do? Would it make a difference if the company is owned by a private equity firm?