03/29/2024

California lawmakers approve bill to require corporate boards to include women

Citing a lack of diversity in corporate boardrooms, state lawmakers on Thursday sent the governor a bill that would require women to be included on the boards of directors of firms headquartered in California.

The bill would require that publicly held corporations headquartered in the state include at least one woman on boards of directors by the end of 2019, and at least two by July 2021. Corporate boards with six or more members would be required to have at least three women on the panels by the middle of 2021.

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