§ 17352. Establishment and management of Foundation
(a)
Establishment
(b)
Chief Executive Officer
(1)
In general
There shall be in the Foundation a Chief Executive Officer who shall be responsible for the management of the Foundation.
(2)
Appointment
The Chief Executive Officer shall be appointed by the Board, with the advice and consent of the Senate, and shall be a recognized leader in clean and efficient energy technologies and climate change and shall have experience in energy security, business, or foreign policy, chosen on the basis of a rigorous search.
(3)
Relationship to Board
The Chief Executive Officer shall report to, and be under the direct authority of, the Board.
(c)
Board of Directors
(2)
Duties
The Board shall perform the functions specified to be carried out by the Board in this part and may prescribe, amend, and repeal bylaws, rules, regulations, and procedures governing the manner in which the business of the Foundation may be conducted and in which the powers granted to it by law may be exercised.
(3)
Membership
The Board shall consist of—
(A)
the Secretary of State (or the Secretary’s designee), the Secretary of Energy (or the Secretary’s designee), and the Administrator of the United States Agency for International Development (or the Administrator’s designee); and
(B)
four other individuals with relevant experience in matters relating to energy security (such as individuals who represent institutions of energy policy, business organizations, foreign policy organizations, or other relevant organizations) who shall be appointed by the President, by and with the advice and consent of the Senate, of whom—
(i)
one individual shall be appointed from among a list of individuals submitted by the Majority Leader of the House of Representatives;
(ii)
one individual shall be appointed from among a list of individuals submitted by the Minority Leader of the House of Representatives;
(4)
Chief Executive Officer
The Chief Executive Officer of the Foundation shall serve as a nonvoting, ex officio member of the Board.
(5)
Terms
(A)
Officers of the Federal Government
Each member of the Board described in paragraph (3)(A) shall serve for a term that is concurrent with the term of service of the individual’s position as an officer within the other Federal department or agency.
(B)
Other members
Each member of the Board described in paragraph (3)(B) shall be appointed for a term of 3 years and may be reappointed for a term of an additional 3 years.
(6)
Chairperson
There shall be a Chairperson of the Board. The Secretary of State (or the Secretary’s designee) shall serve as the Chairperson.
(7)
Quorum
A majority of the members of the Board described in paragraph (3) shall constitute a quorum, which, except with respect to a meeting of the Board during the 135-day period beginning on December 19, 2007, shall include at least 1 member of the Board described in paragraph (3)(B).
(8)
Meetings
The Board shall meet at the call of the Chairperson, who shall call a meeting no less than once a year.
(9)
Compensation
(A)
Officers of the Federal Government
(B)
Other members
(i)
In general
Except as provided in clause (ii), a member of the Board described in paragraph (3)(B)—
(I)
shall be paid compensation out of funds made available for the purposes of this part at the daily equivalent of the highest rate payable under section
5332 of title
5 for each day (including travel time) during which the member is engaged in the actual performance of duties as a member of the Board; and