Is the Board an acronym?

Forgive me if this is a dumb question, but I keep seeing how obsessed with acronyms Lumon is (ORTBO), and with how mysterious the Board is, I keep trying to come up with an acronym that would make sense.

Brain Of A Resurrected Dude Burt On A Revenge Diet

Have they referred to the Board as a collective of people yet, or just as "the Board"?