A majority of the appointed members of the Board is a quorum to do business. The Board shall meet at least twice a year, at the times and places that the Board determines. A member of the Board: May receive compensation as provided in the State budget; and Is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget. The Board may employ a staff in accordance with the budget of the Board. The Board shall appoint an executive director. The executive director shall: Serve at the pleasure of the Board; Act as the executive officer of the Board; and Carry out the powers and duties assigned by the Board.