1. The Director shall appoint an Executive Officer, subject to the approval of the Governor. The Board shall interview qualified candidates for the position of Executive Officer and make recommendations to the Director and the Governor concerning the appointment. The Executive Officer is in the unclassified service of the State and serves at the pleasure of the Governor. The Board may delegate to the Executive Officer the exercise or discharge of any power, duty or function vested in or imposed upon the Board. 2. The Executive Officer must: (a) Be a graduate of a 4-year college or university with a degree in business administration, health sciences or public administration or an equivalent degree, as determined by the Director; and (b) Possess at least 5 years experience in a high-level administrative or executive capacity in the field of health care administration, health insurance, management of employees benefits or risk management, including, without limitation, responsibility for a variety of administrative functions such as overseeing contracts, the development of benefits under health insurance programs or the management and structuring of health insurance programs. 3. Except as otherwise provided in NRS 284.143 , the Executive Officer shall not pursue any other business or occupation or perform the duties of any other office of profit during normal office hours unless on leave approved in advance. The Executive Officer shall not participate in any business enterprise or investment: (a) With any vendor or provider to the Program; or (b) In real or personal property if the Program owns or has a direct financial interest in that enterprise or property. 4. The Executive Officer: (a) Serves under the supervision of the Director; and (b) Shall, as directed by the Director and the Board, manage the operations of the Program and assist in developing innovative purchasing and contracting strategies for providing services under a program of insurance established pursuant to NRS 287.043 .
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