What is the meaning of Staggered board of directors?

Occurs when a portion of directors are elected periodically, instead of all at once. Board terms are often staggered in order to thwart unfriendly takeover attempts, since potential acquirers would have to wait longer before they could take control of a company's board through the normal voting procedure.

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APABarry Goldsmith. (2010). staggered board of directors. Retrieved September 28, 2026, from http://smartdefine.org/staggered_board_of_directors/definitions/1164023
ChicagoBarry Goldsmith. 2010. "staggered board of directors" http://smartdefine.org/staggered_board_of_directors/definitions/1164023 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, staggered board of directors, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/staggered_board_of_directors/definitions/1164023>.
MLABarry Goldsmith. "staggered board of directors" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/staggered_board_of_directors/definitions/1164023>
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