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Gov Brown signs law requiring California corporate boards to include women
Posted on 10/1/18 at 4:55 pm
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 on 10/1/18 at 4:56 pm to RLDSC FAN
Did you hear that? It’s the sound of more companies fleeing California
Posted on 10/1/18 at 4:57 pm to RLDSC FAN
it's always good when the government forces stuff
Posted on 10/1/18 at 4:58 pm to RLDSC FAN
What a time it is to identify as a female!!!
Posted on 10/1/18 at 5:00 pm to RLDSC FAN
quote:
there must be at least three women on boards with six or more members
Wow. Brown is trying to push companies out.
Posted on 10/1/18 at 5:01 pm to RLDSC FAN
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 on 10/1/18 at 5:04 pm to RLDSC FAN
Toyota beat the bullet on that one.
Japanese don’t play that shite.
Japanese don’t play that shite.
Posted on 10/1/18 at 5:05 pm to RLDSC FAN
Yeah, because it clearly states in the Constitution that the government should tell private enterprise to get more vag at the head.
Posted on 10/1/18 at 5:06 pm to RLDSC FAN
again? thats the 3rd time today
Posted on 10/1/18 at 5:06 pm to RLDSC FAN
It's California. In 10 years they'll probably require 2 trannies, a Hispanic and a muslim.
Posted on 10/1/18 at 5:08 pm to jbgleason
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 on 10/1/18 at 5:09 pm to keakar
I searched and didn't see anything.
Posted on 10/1/18 at 5:10 pm to RLDSC FAN
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 on 10/1/18 at 5:11 pm to Fonzarelli
quote:
Did you hear that? It’s the sound of more companies fleeing California
Yep.
Posted on 10/1/18 at 5:11 pm to RLDSC FAN
Jerry Browne has been governor more times than Edwin Edwards was of LA.
Posted on 10/1/18 at 5:11 pm to RLDSC FAN
If I was on the board, I'd identify as a woman for the sake of diversity for a nice little yearly bonus.
Posted on 10/1/18 at 5:13 pm to RLDSC FAN
But no requirement for LGBTQRSTUV board members? What a bigot!
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