; terms The membership and structure of the Advisory Board, including the duration that individuals may serve on the Advisory Board, shall be determined by the Board in accordance with the bylaws of the Corporation. 90311. Officers and their responsibilities (a) Chief Executive Officer (1) Hiring (A) In general The Corporation shall have a Chief Executive Officer, who shall be hired by the Board to manage the Corporation. (B) Qualifications The CEO shall be an individual who— (i) is a citizen of the United States; (ii) satisfies the qualifications to serve as a Director under section 90307; and (iii) by reason of professional background and experience, is especially qualified to manage the Corporation. (2) Duties The CEO shall— (A) be responsible for the management and direction of the Corporation, including its officers and employees, and for the exercise of all powers and responsibilities of the Corporation; (B) establish Corporation offices and define the responsibilities and duties of the offices, with full authority to organize the Corporation as required; and (C) designate an officer of the Corporation who is vested with the authority to act in the capacity of the CEO if the CEO is absent or incapacitated. (3) Scope of authority (A) In general The CEO shall be subject to the policy guidance of the Board, report to the Board, and serve at the pleasure of the Board. (B) Authority of Board The Board may modify or revoke actions of the CEO pursuant to procedures set forth in the bylaws of the Corporation. (b) Other officers and employees (1) In general The CEO shall appoint such other officers and employees of the Corporation as the CEO determines appropriate. (2) Chief operating officer