11. The key is that the company does not formally deliver the newly acquired shares to the director until he or she retires. 12. Ackerman will stay on as chairman of the board of directors until their annual meeting in June. 13. He remained a director until his resignation in the middle of this month. 14. His deputy, Richard Jolly, was appointed acting executive director until a successor can be found, the agency said. 15. On Thursday, his deputy, Richard Jolly, was appointed acting executive director until a successor is found. 16. The two officials have been vested with the powers and duties of directors until the election of new directors for the group. 17. Many of the founders came from YLBHI, including Hendardi, who was a director until the foundation was split by issues of leadership earlier this year. |