Thomas Dalton writes:
I'd always assumed the board would fill empty seats until the next election - if it doesn't actually say that anywhere, it should. I don't see much point holding a by-election, it's a lot of hassle for a few months on the board.
The Bylaws allow the sitting Board to appoint a replacement (or more than one replacement, in the case of multiple vacancies). The replacement Trustees serves out the departing Trustee's term.
--Mike