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staggered board of directors
(redirected from staggered terms)

   Also found in: Financial, Wikipedia 0.02 sec.
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Noun1.staggered board of directors - a board of directors a portion of whose members are elected each year instead of all members being elected annually
board of directors, directorate - a group of persons chosen to govern the affairs of a corporation or other large institution


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That means getting rid of so-called staggered terms in which only a handful of board members come up for a vote each year.
Because of staggered terms on the five-member elected body, none of the commissioners who votes on this item will actually see an increase in his or her own salary.
He is one of five members of the Board of Selectmen who serve three-year, staggered terms.
 
 
 
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