New Law Mandates Diversity on Corporate Boards in California
By EsqSocial Corporation 20/10/20
Governor Newsom has signed into law a bill, patterned after California’s ground-breaking gender diversity bill adopted two years ago, requiring publicly-held corporations that have their principal executive offices here, to have at least one director from an underrepresented community on their board by December 31, 2021. No later than December 31, 2022, such corporations must have at least one underrepresented director if their number of directors is four or fewer, at least two underrepresented...
By: Hirschfeld Kraemer LLP