Governor Gets Bill From South Coast Legislator Which Calls For Corporations To Add Women To Boards
A bill by a South Coast legislator which would require California based publicly held companies to have women on their Boards of Directors is now on the Governor’s desk, for his consideration. SB 826 would require every publicly held corporation in California to have a woman on their Board of Directors by the end of 2019.
By the end of July 2021, boards with five members or more would have to have at least two women on their boards.
The legislation was authored by Democratic State Senator Hannah-Beth Jackson of Santa Barbara, who has been a strong advocate of gender equality efforts in the workplace. She says a quarter of the state’s publicly traded corporations don’t have women on their boards.
After being passed by the State Legislature, the bill is now in the hands of the Governor for his consideration.