Thursday, May 19, 2022

California Law Requiring Women on Boards Is Unconstitutional, Judge Rules

California Law Requiring Women on Boards Is Unconstitutional, Judge Rules
"...The law required publicly traded companies headquartered in California to have up to three female directors, depending on the size of the board, by 2021 or face fines.
...When then-Gov. Jerry Brown signed the bill into law in September 2018, he noted it could be overturned but said but he wanted to send a message during the #MeToo era.
"Given all the special privileges that corporations have enjoyed for so long, it's high time corporate boards include the people who constitute more than half the 'persons' in America," Brown wrote in announcing his signing of the bill..."

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