Skip to comments.California becomes first state to require women on corporate boards
Posted on 10/01/2018 7:38:01 PM PDT by Mariner
California has become the first state in the US to require publicly traded companies to include women on their board of directors.
Governor Jerry Brown signed the new measure which necessitates at least one female director on the board of each California-based public operation by the end of 2019 into law on Sunday.
Firms will need up to three female directors by the end of 2021, depending on the size of their boards.
Hundreds of companies will be affected by the law and those who violate it can be fined $100,000 (£76,600) for a first violation and $300,000 (£229,900) for a second.
A fourth of publicly held corporations with headquarters in California do not have any women on their boards of directors.
Democrat State Senator Hannah-Beth Jackson who authored the bill said getting more women on boards will make firms more successful.
(Excerpt) Read more at yahoo.com ...
It take 3-7 years to correct that.
What if they are “transgender” and are male, but identify as female, does that count?
Do they also require at least one male? Because if you had an all female board, won’t that be discrimination against men, and thus illegal sex discrimination?
What? No sensitivities to LBGTQXYZ????? How 1990’s of them. What if a woman has a penis?
“wont that be discrimination against men, and thus illegal sex discrimination?”
That would be “justice”.
If getting more women on boards would make the companies more successful, wouldn’t they already be doing that? Wouldn’t they be actively recruiting women without a law, if a key to success is women’s involvement?
Is this law a solution in search of a problem?
being a female corporate executive just became insanely profitable in CA, courtesy of increased prices being paid by a captive customer base.
all through state coercion.
Camel - tent
Do tans genders count?
Will this include provisions for transgenderoid women? How about for other genders — aren’t there about 57 or so, now?
But if a biological male claims to identify as a female then the requirement is satisfied. Throw their lunacy right back in their faces!
“Democrat State Senator Hannah-Beth Jackson who authored the bill said getting more women on boards will make firms more successful.”
So this politician thinks she was elected to take over companies and make them more successful? This is a ridiculous law, and it doesn’t help women. It demeans women that have actually worked hard and smart and made it on merit.
If you’re not a black homosexual working class woman, you are an oppressor pig and deserve to die!!!
As someone was commenting on some show .... how do blacks, Hispanics, to name a few others, feel about being discriminated against since only ‘women’ are required?
They can get the sandwiches and coffee.
Next there’ll be a “gay” quota - watch for it!
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