7. The president and chief executive officer’s term is seven years and may not be renewed. A vice-president’s term is of a fixed duration of not more than five years and may be renewed. On the expiry of their terms, the president and chief executive officer remains in office until he or she is replaced, and the vice-presidents remain in office until they are replaced or reappointed, as the case may be.
The president and chief executive officer and the vice-presidents exercise their functions on a full-time basis.
2017, c. 272017, c. 27, s. 7.