(a) Executive director.— The Board shall have an Executive Director selected by the members of the Board. The Executive Director shall be appointed for a period of time to be determined by the Board and shall earn a compensation as determined by the Board. The Executive Director shall be knowledgeable in the operations of the Commonwealth of Puerto Rico.
(b) Personnel.— With the approval of the Board, the Executive Director may appoint and fix the compensation of any additional personnel deemed appropriate by the Executive Director; Provided, That no person appointed by the Executive Director shall receive a compensation higher than that of the Executive Director.
(c) Collaboration with the Board.— The Board may request the GDB, the Department of the Treasury, the OMB, the Department of Economic Development and Commerce of Puerto Rico, the Institute of Statistics, the Planning Board and any other agency, department or instrumentality of the Commonwealth of Puerto Rico, the administrative support as well as statistical and professional services reasonably necessary to fulfill its responsibilities under this section. To the extent possible, the Board shall make reimbursements for such services.
(d) Professionals.— The executive director may hire professionals, including legal and financial advisors, as well as economists, under reasonable terms and as determined by the Board to assist him/her in the performance of his/her duties.
History —Dec. 8, 2015, No. 208, § 205.