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Term Limits Are For Cowards

Term Limits Are For Cowards

Term Limits Are For Cowards

Arbitrary end of service assures that organizations lose some of their best talent

We received a call not too long ago from the CEO of a nonprofit client asking how the Board could retain the services of its chairman during a particularly challenging year of transition for the organization. The chairman was coming to the end of his third three-year term and everyone thought he would have to go off the Board because of the term limit in the bylaws.

Fortunately for the organization, the term limit was 10 years, not three terms, and the Chair could be re-elected to a fourth term. Although he would have to leave at the end of...

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