California’s Publicly Held Corporations Will Have to Include Women on Their Boards

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Gov. Jerry Brown of California and his wife, Anne Gust Brown, second from left, in his office on Sunday. Mr. Brown signed a bill that requires publicly held corporations based in the state to include women on their boards. Credit Rich Pedroncelli/Associated Press.

In September, California became the first state to enact a law that says public corporations, “whose principal executive offices,” are in California, must have at least one woman on their boards by the end of 2019.

The bill also states that by 2021, these companies must have a minimum of two or three women, depending on the size of their boards. Failure to do so by these dates is punishable by fines.

Read the rest of The New York Times article here.

What do you think about this new law? Do you think it’s a step in the right direction? Let us know your thoughts by commenting below!

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