Interesting thoughts, Watts.
I agree that the composition of the Board is important. However, the Board should be involved with governance: not with running the company. It is the job of the CEO to run the company – not the board. When a Board is dissatisfied with the way a company is operated, they should fire the CEO and hire a new one. Boards that get involved with running the company (micro-managing as it is called) is a recipe for disaster. And we certainly can't handle another disaster. This company has had more than its fair share of those. :-)
As for your wish of having Li remove Steipp from the Board, that will never happen – unless Steipp is also removed as CEO. (And that could happen.) A CEO of a company ALWAYS has a seat on the Board. Still, I certainly understand your well justified concerns. It would be refreshing to have you occupy a seat on the Board. That would put an end to business as usual. That's for sure!