New California Law Forces Publicly Traded Companies to Have Women on Board of Directors

Carbonatix Pre-Player Loader

Audio By Carbonatix

California has become the first state in the country to force companies to include women on their boards of directors.

The Washington Times reports over the weekend Democratic Gov. Jerry Brown approved legislation that requires publicly traded California-based corporations to include at least one woman on their board by 2020.

By 2021, that number goes up to at least two for companies with five board members and three for companies with six directors. 

The California Chamber of Commerce has argued that the make-up of corporate boards should not be mandated by government.

The chamber says the new law will prioritize gender over other aspects of diversity.

Governor Jerry Brown admits the law has flaws that could prevent it from being implemented. 

Corrie O'Connor

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Waking Up America!
    3:00AM - 5:30AM
     
    Stigall’s shows are equal parts hilarity and desk-pounding monologues with   >>
     
  • The Jennifer Kelly Show
     
    The Jennifer Kelly Show kicks off our daily lineup with insight and analysis on   >>
     
  • The Joe Piscopo Show
    6:00AM - 10:00AM
     
    There is something about Joe that makes you feel at home. Wake up with Joe and   >>
     
  • The Mike Gallagher Show
    10:00AM - 12:00PM
     
    Mike Gallagher is one of the most listened-to radio talk show hosts in America.   >>
     
  • The Charlie Kirk Show
    12:00PM - 2:00PM
     
    Speaking the language of our nation’s young people.
     

See the Full Program Guide