Publicly traded California companies have nearly doubled the number of female directors on their boards in the three years since a first-in-the-nation law mandating gender diversity on boards was enacted in the state, a new report has found.
The report also found a racial gap, though: “Only 6.6% of total board seats are held by women of color, even though women and girls of color comprise 32% of our state’s population.” A majority of the companies, or 56%, have no “women of color” on their boards. Former State Sen. Hannah-Beth Jackson, who wrote SB 826, told MarketWatch she’s pleased with the effects of her legislation so far.
Still a racist and xenophobic system. Black Americans (descendants of U.S. chattel slavery) are still locked out.. So not a win...same shit
Makes sense, it was a mandate. The NBA would be half women if it was federally mandated.
That does not really seem like news...