Lawsuit Challenges CA Law About Corporate Boards ...Middle East

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Sacramento, CA — In 2018 California lawmakers approved a bill that requires at least one woman sitting on the board of directors for corporations based in California. Proponents of Senate Bill 826 stated the goal was to “advance equitable gender representation on California corporate boards.” It has resulted in companies expanding boards or filling seats with women when they come open. It was signed by former Governor Jerry Brown and took effect on December 31 of 2019. At the end of this year, the rule will expand to two women on the board if the corporation has five directors, and three women if it has six or more. The Pacific Legal Foundation filed a lawsuit on behalf of Creighton Meland J

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Lawsuit Challenges CA Law About Corporate Boards ...Middle East

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