Executive director

The private investigative and security board shall appoint an executive director who shall keep a record of all proceedings, transactions, communications, and official acts of the board, be a custodian for all moneys received for licenses, certifications, and training, which must be deposited for safekeeping in depositories designated by the board. The executive director must be a custodian of all records of the board and perform such other duties and administrative functions as the board may require. The executive director shall be employed on either a full-time or part-time basis as directed by the board, and the board is authorized to fix the salary of the executive director.