Board of directors

(a)(1) For the period of time from July 15, 2019, until January 5, 2021, the corporation shall be governed by a board of directors, appointed as follows: (A) Four directors appointed by the director of the philanthropic enterprise; (B) Three directors appointed by the Governor; (C) The Governor; (D) The president pro tempore of the Senate; (E) The speaker of the House of Representatives; (F) The minority leader of the Senate; (G) The minority leader of the House of Representatives; and (H) The president of the corporation. (2) Each director shall serve until a successor is qualified and appointed. (b) (1) All appointments under subsection (a) of this section shall be made on or before July 15, 2019, with the exception of the president of the corporation, who shall be appointed upon being hired. If the director of the philanthropic enterprise fails to appoint any director within the time period prescribed in this subsection, such director shall instead be appointed by the Governor. (2) Any vacancy shall be filled for the remainder of the unexpired term in the same manner as the original appointment was made. Any vacancy shall be filled by the appointing authority not later than thirty days after the date of such vacancy. If such vacancy appointment is not made within the time period prescribed in this subsection, the vacancy shall be filled by the Governor. (3) An interim board of directors shall govern the corporation until the appointments are made as set forth in this section. (c) The philanthropic enterprise, the Governor, the president pro tempore of the Senate, the speaker of the House of Representatives, the minority leader of the Senate and the minority leader of the House of Representatives shall collaborate to determine the criteria and composition of the succeeding board of directors, including, but not limited to, the number of directors; legislative, gubernatorial and philanthropic appointments; length of terms; and the experience necessary for membership, including experience in public education, social-emotional behavioral supports, family involvement and support, student engagement, physical health and wellness, social work and case management, workforce development, philanthropy or community enterprise development, including social entrepreneurship and microfinance.