13. On the recommendation of the board of directors, the Government shall appoint the president and chief executive officer, taking into consideration the expertise and experience profile approved by the board.
The president and chief executive officer is appointed for a term of up to five years. The office of president and chief executive officer is a full-time position.
The Government shall determine the remuneration and other conditions of employment of the president and chief executive officer.
1966-67, c. 55, s. 13; 1987, c. 10, s. 10; 1999, c. 40, s. 273; 2007, c. 24, s. 9.