California became the first state in the country to require that women be included on companies’ boards of directors, as Gov. Jerry Brown literally sent a message to Washington on Sunday in signing legislation that corporate associations opposed as unconstitutional.
Brown signed SB826 into law after it passed the Assembly and the Senate last month. The bill mandates that all publicly traded California companies have at least one woman on their boards by the end of 2019.
The requirement ramps up in 2021: Five-member boards will be expected to have two female members, and boards with six or more members will be expected to have three. ..
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