RECOMMENDED TRANSLATION: Calque and DT
Операции в собственных интересах Operacii v sobstvennyh interesah
L.t.: Operations for one’s own interests
Staggered board of directors/ staggered board (figurative meaning)
A staggered board of directors (also known as a classified board) is a board that is made up of different classes of directors. Usually, there are three classes, with each class serving for a different term length than the other. Elections for the directors of staggered boards usually happen on an annual basis. At each election, shareholders are asked to vote to fill whatever positions of the board are vacant, or up for re-election. Terms of service for elected directors vary, but one-, three- and five-year terms are common. <...> (Investopedia).
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