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California Has a New Law: No More All-Male Boards (cnn.com)

Companies headquartered in California can no longer have all-male boards. From a report: That's according to a new law, enacted Sunday, which requires publicly traded firms in the state to place at least one woman on their board of directors by the end of 2019 -- or face a penalty. It also requires companies with five directors to add two women by the end of 2021, and companies with six or more directors to add at least three more women by the end of the same year. It's the first such law on the books in the United States, though similar measures are common in European countries. The measure was passed by California's state legislature last month. And it was signed into law by Gov. Jerry Brown on Sunday, along with a trove of other bills that look to "protect and support women, children and working families," the governor's office said in a release. A majority of companies in the S&P 500 have at least one woman on their boards, but only about a quarter have more than two, according to a study from PwC.

6 of 810 comments (clear)

  1. Re:Virtue signalling by Richard_at_work · · Score: 4, Informative

    The London Pride march this year saw scenes where an activist lesbian group hijacked the front of the parade, laying down in front of it, protesting "trans activism" which they claimed "erased lesbianism". They then led the march after refusing to move from the head of the parade, so spectators were bemused to see anti-trans posters and slogans leading the LGBTQ+ event...

    You literally cannot make this shit up.

    https://www.independent.co.uk/...

  2. Common in European countries? by Anonymous Coward · · Score: 3, Informative

    "Though similar measures are common in European countries" - Er... no, they're not. There is no remotely similar law in the EU.

  3. Most corporations in US incorporated in Delaware by drnb · · Score: 3, Informative

    Are the powerful, white, greying power elites really that mobile that they'd up and move to another state? It happens, but not the way you're imagining. A smart person would check out the lay of the land before making a knee-jerk, anger-based life change.

    Actually a smart person would know that you can incorporate in Delaware, become a client of a Delaware attorney (i.e. give him/her a modest retainer payment), pay for a service that is your legal mail drop and answering service in Delaware (a modest annual fee), and then you can run your business from and have offices in whatever state you want including California. Most US corporations, in general and fortune 500, are incorporated in Delaware.

  4. Re:Ridiculous by war4peace · · Score: 3, Informative

    Situation 1: female co-worker discloses her salary to me. I witness her being discriminated, because I know of another male colleague with a similar function and less skill who is better paid, but I can't do anything about it because salaries are supposed to be confidential (in my country, at least). I can't fight against it, because it's based on proof obtained illegally, so-to-speak.

    Situation 2: Minority fellas can't get jobs because employers don't trust them. Authorities themselves turn a blind eye. What am I supposed to do, start a holy-one-man crusade? A decade ago I helped one guy I knew (minority) get hired as a first level support in the company I work for, now he's a manager and makes more than I do. He probably wouldn't have been hired if I hadn't vouched for him. he doesn't know it and I won't tell him because it was not a big deal. But yes, discrimination towards minorities is a thing.

    --
    ...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
  5. Re:Unconstitutional. by EmagGeek · · Score: 1, Informative

    Don't forget that it was the left that was responsible for Jim Crow laws, 'separate but equal,' most of modern slavery, and almost all of the defense of slavery in the 1800s.

    The left has never been interested in "equal protection under the Law,'" nor in defending the constitution, nor in equal rights for all. Only two democrats in the senate even voted for the abolition of slavery by the 13th amendment. The first vote in the House failed to pass it, with ALL of the House democrats voting AGAINST it.

  6. Re:Ridiculous by Hasaf · · Score: 3, Informative

    I sat in a training meeting, in a government agency, and a ranking member (yes, female) made the statement, "I majored in sociology and I know for a fact that all of the worlds problems are caused by white males." It was quite clear that the men in the room were not to object.

    That was the place where I was marked down for not socializing. My supervisor even made the comment, during the review, "after work we all go to curves (a women only gym) you don't seem to even try to take part." As a comment, every day I went to the officers gym; however, the women in the department, including my supervisor, didn't use it, preferring to go to curves. I am not saying that there is anything wrong with curves, or other single gender facilities. I was bothered by being marked down for not using them.