You might need to be a little more clearer on what process you are following, and where you are up to with the steps of that process. Based on the limited information, yes, the file path is incorrect, and it would seem as though your characters are using an game profile which is pointing to an EVE install location from a long time ago.
If you are using the ISBoxerEVELauncher, I wrote out a set of steps that can be followed to get it working,
in this thread. For an existing team you should only need to do up to step 16, and then from there, in ISBoxer Toolkit select your existing Characters in the top left, and then in the lower right set the Game to ISBoxer EVE Launcher, and the Game Profile to the applicable entry for the account. Once you've done that you can skip to step 25.
If that brief bit of path is from the ISBoxerEVELauncher and not something else, I'd have to guess the SharedCache folder is set incorrectly. The ISBoxerEVELauncher should grab the correct value from the registry where it is set by the newish standard EVE Launcher, but it is possible that this location is incorrect and you need to set it manually (not covered in my steps). You can find out where EVE thinks this folder is by launching their normal launcher and going to the Settings (the Cog in the lower left rather than the hamburger settings which are not quite the same - FFS CCP), and then click on the Shared Cache Settings button under the General tab. The folder there is the one which the ISBoxerEVELauncher should be using for it's SharedCache folder. The remaining sections of the paths to the exe files are hard coded to match the file paths that should be in place which are subfolders from the SharedCache folder, e.g. ...EVE\SharedCache\tq\bin\exefile.exe

