Thank you for discussing options for board terms. I had been wondering if boards were obliged to determine/plan terms and from your description I can see there is wisdom in being flexible. And "pun-friendliness" is so important!🤣
Thanks Nadina! Ya the term length of a director is typically established in a by-law. Thankfully, by-laws can be changed! And I completely agree that pun-friendliness is an evergreen board skill.
Thank you for discussing options for board terms. I had been wondering if boards were obliged to determine/plan terms and from your description I can see there is wisdom in being flexible. And "pun-friendliness" is so important!🤣
Thanks Nadina! Ya the term length of a director is typically established in a by-law. Thankfully, by-laws can be changed! And I completely agree that pun-friendliness is an evergreen board skill.