Archives: Diversity

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California Requires Board Diversity and Additional Company Disclosures

On September 30, 2020, California Governor Gavin Newsom signed a bill into law requiring publicly held corporations to further diversify their boards of directors. He also signed a bill requiring that corporations and limited liability companies make additional disclosures. Assembly Bill 979 (AB 979) adds Section 301.4 to the California Corporations Code. This Section requires … Continue Reading

New York Enacts Legislation Related to Board Diversity

New York recently enacted the “Women on Corporate Boards Study” law (S. 4278), joining a growing number of states requiring organizations to report their board composition. The new law applies to domestic and foreign corporations “authorized to do business” in the state. Given the expanse of companies doing business in New York, this law may … Continue Reading

Seeking Unity, Not Uniformity*: Diversity and the Corporate Board of Directors

New board of directors appointments such as Indra Nooyi joining Amazon, Nikki Haley nominated by Boeing, and Michelle J. Howard as IBM’s latest director illustrate the accelerating trend of gender and minority diversity on corporate boards – an apt topic for Women’s History Month. And there are plentiful reasons for promoting board diversity. Sometimes board … Continue Reading
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