Started By
Message

Gov Brown signs law requiring California corporate boards to include women

Posted on 10/1/18 at 4:55 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51479 posts
Posted on 10/1/18 at 4:55 pm
quote:

 Gov. Jerry Brown on Sunday signed a bill into law that makes California the first state to require corporate boards of directors to include women, saying that despite potentially “fatal” legal problems in the measure, it is time to force action.

The new law requires publicly traded corporations headquartered in California to include at least one woman on their boards of directors by the end of 2019 as part of an effort to close the gender gap in business.

By the end of July 2021, a minimum of two women must sit on boards with five members, and there must be at least three women on boards with six or more members. Companies that fail to comply face fines of $100,000 for a first violation and $300,000 for a second or subsequent violation.




LINK
Posted by Fonzarelli
Dallas
Member since Jan 2015
3972 posts
Posted on 10/1/18 at 4:56 pm to
Did you hear that? It’s the sound of more companies fleeing California
Posted by dagrippa
Saigon
Member since Nov 2004
11285 posts
Posted on 10/1/18 at 4:57 pm to
it's always good when the government forces stuff
Posted by goldenbadger08
Sorting Out MSB BS Since 2011
Member since Oct 2011
37900 posts
Posted on 10/1/18 at 4:57 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/1/18 at 4:58 pm to
What a time it is to identify as a female!!!
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51479 posts
Posted on 10/1/18 at 4:58 pm to
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
35464 posts
Posted on 10/1/18 at 5:00 pm to
quote:

there must be at least three women on boards with six or more members

Wow. Brown is trying to push companies out.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18895 posts
Posted on 10/1/18 at 5:01 pm to
I wonder how CA taxpayers feel about the Governor signing bills that are guaranteed from day one to result in costly litigation that the state will most certainly lose?
Posted by onelochevy
Slidell, LA
Member since Jan 2011
16528 posts
Posted on 10/1/18 at 5:02 pm to
#gashprivelage
Posted by ellunchboxo
Gtown
Member since Feb 2009
18781 posts
Posted on 10/1/18 at 5:04 pm to
Toyota beat the bullet on that one.

Japanese don’t play that shite.
Posted by Hangit
The Green Swamp
Member since Aug 2014
39047 posts
Posted on 10/1/18 at 5:05 pm to
Yeah, because it clearly states in the Constitution that the government should tell private enterprise to get more vag at the head.
Posted by keakar
Member since Jan 2017
29886 posts
Posted on 10/1/18 at 5:06 pm to
again? thats the 3rd time today
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48357 posts
Posted on 10/1/18 at 5:06 pm to
It's California. In 10 years they'll probably require 2 trannies, a Hispanic and a muslim.
Posted by GWfool
Member since Aug 2010
2354 posts
Posted on 10/1/18 at 5:08 pm to
quote:

I wonder how CA taxpayers feel about the Governor signing bills that are guaranteed from day one to result in costly litigation that the state will most certainly lose?


This. Is the state planning on battling in court something that is clearly unconstitutional?
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51479 posts
Posted on 10/1/18 at 5:09 pm to
I searched and didn't see anything.
Posted by Centinel
Idaho
Member since Sep 2016
43318 posts
Posted on 10/1/18 at 5:10 pm to
And if I'm the Board of a CA Company, I'd send a nice letter to Mr. Brown that...to sum up...would say "Go frick yourself."

Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118922 posts
Posted on 10/1/18 at 5:11 pm to
quote:

Did you hear that? It’s the sound of more companies fleeing California


Yep.
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 10/1/18 at 5:11 pm to
Jerry Browne has been governor more times than Edwin Edwards was of LA.
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27304 posts
Posted on 10/1/18 at 5:11 pm to
If I was on the board, I'd identify as a woman for the sake of diversity for a nice little yearly bonus.
Posted by LarryCLE
Member since Apr 2017
1545 posts
Posted on 10/1/18 at 5:13 pm to
But no requirement for LGBTQRSTUV board members? What a bigot!
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram