A person appointed to fill a vacancy on the board of directors due to resignation or otherwise serves for the unexpired term. The term of a director elected or appointed to fill a vacancy expires at the next annual meeting at which directors are elected.(3) The term of a director elected or appointed to fill a vacancy expires at the next annual meeting at which directors are elected. Every set of compliant nonprofit bylaws should outline the process for adding and removing members of your board of directors. We are all aware that the directorship of a company is one of the senior management positions in a company. But how is a director appointed? Shareholders vote on matters such as the appointment of auditors, the declaration of dividends, and the election of directors. Executive director; appointment, term, qualifications, compensation, general powers and responsibilities.