(a) (1) The Authority consists of the following nine members: (i) seven members appointed by the Governor with the advice and consent of the Senate; and (ii) as ex officio members: 1. the Secretary; and 2. the Treasurer or the Comptroller, as the Governor designates. (2) An ex officio member may designate a representative to serve on the Authority. (b) The appointed members shall: (1) have substantial experience in business or economic development; and (2) reflect the geographic, racial, ethnic, and gender makeup of the State. (c) (1) The term of an appointed member is 5 years. (2) The terms of the appointed members are staggered as required by the terms provided for members of the Authority on October 1, 2008. (3) At the end of a term, an appointed member continues to serve until a successor is appointed and qualifies. (4) A member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies. (d) The Governor may remove an appointed member with or without cause.